Woodside has appointed Liz Westcott as CEO, elevating the acting chief to lead the company’s global portfolio, including key LNG and Australian operations.
Gulfport Energy announced that CEO John Reinhart has stepped down effective immediately, with the company forming an interim leadership team while it searches for a new chief executive.
CRC Evans plans to build a 90,000-sq-ft welding and coating facility in Burnley, England, aimed at supporting pipeline and energy infrastructure projects across global markets.
Hess Midstream has announced a $60 million share and unit repurchase, including equity purchases from Chevron and public shareholders, as part of its strategy to boost distributable cash flow and shareholder returns.
ITT has completed its $4.775 billion acquisition of SPX FLOW, expanding its engineered flow technologies portfolio serving industrial and energy markets. The deal boosts recurring aftermarket exposure and supports ITT’s long-term portfolio transformation strategy.
EQT Corp. raised its natural gas production outlook and outlined $580–$640 million in infrastructure investments, including the Clarington Connector pipeline, after higher gas prices and LNG-driven demand boosted fourth-quarter profit.
TC Energy beat fourth-quarter profit estimates as North American natural gas flows hit record levels and LNG deliveries surged 21%, underscoring growing pipeline demand from export terminals and power markets.
ConocoPhillips is tightening capital and operating spending after missing fourth-quarter profit estimates, as weaker oil prices pressure earnings across the sector. The company outlined its cost-cutting plan alongside production and shareholder return targets.
Martin Midstream Partners is set for a leadership change in its land transportation division, with John Scott stepping into the role as longtime executive Johnnie Murry retires at year-end.
Woodside Energy’s search for a new CEO comes as the company advances its $17.5 billion Louisiana LNG project and navigates rising costs, project risk, and an emerging global LNG supply glut.
UGI delivered record adjusted earnings for fiscal 2025, though midstream results were weighed down by lower gathering and processing margins. The company issued fiscal 2026 guidance and noted continued investment in its energy infrastructure portfolio.
The 2025 Gulf Energy Information Excellence Awards in Houston honored this year’s top midstream innovators, including Williams Companies, Saudi Aramco, Hifi, Cenit Transporte, and Pipeline Ultraisolation Group. Winners were recognized for advancements in digital transformation, pipeline integrity, automation, and safety across the global midstream sector.
Western Midstream has finalized its acquisition of Aris Water Solutions, strengthening its Delaware Basin operations and expanding its water management and midstream footprint across Texas and New Mexico.
Pembina Pipeline Corp. has completed a $225 million subordinated note offering and plans to redeem its Series 9 preferred shares in December 2025, using the proceeds to strengthen its balance sheet and streamline capital structure.
Colonial Pipeline, operator of the largest U.S. refined-fuel network, confirmed plans to cut jobs as part of a restructuring under new owner Brookfield Infrastructure. The $9 billion acquisition marks the first time the 5,500-mile pipeline has had a single owner since the 1960s.
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