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More CANCELLED - Midstream Project News
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
TC Energy Pulls the Plug on the Keystone XL Pipeline
TC Energy Corp. has confirmed that, after a comprehensive review of its options and consultations with its partner, the Government of Alberta, it has terminated the Keystone XL…
Enterprise Cancels Permian ECHO Pipeline 'M2E4' Expansion
Enterprise Products Partners L.P. has decided to cancel the 450,000 barrels per day Midland-to-ECHO 4 crude oil pipeline project (M2E4). The cancellation of M2E4 will reduce aggregate growth…
Dominion, Duke Energy Cancels Atlantic Coast Pipeline
Dominion Energy and Duke Energy announced the cancellation of the Atlantic Coast Pipeline due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the…
Williams Co. Scraps Marcellus Gas Pipeline; Constitution Pipeline Project
Williams announced that it has cancelled its Constitution Pipeline Project, the proposed 650 dth/day that was scheduled to transport natural gas from Pennsylvania to New York. The company…
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…