Page 13 - NorthAmOil Week 22 2021

NorthAmOil NEWS IN BRIEF NorthAmOil

be supplied to Goodnight’s system, which
according to the EPA is equivalent to reducing
nearly 29,000 metric tons in CO2 emissions.
Priority Power Management, an
independent energy services provider offering
smart energy solutions and streamlined
transitions to carbon neutrality, served as
lead advisor and represented Goodnight
Midstream in negotiations with TXU Energy
on this certified renewable energy contract.
“Pipelines and related facilities remain
the most environmentally conscious way
MIDSTREAM opportunities in the Permian and Louisiana, to transport resources across the country.
as well as experiencing improved activity in This deal was a natural fit for us, allowing
Third Coast Midstream Oklahoma and North Texas,” said Barry E. us to continue to prioritize executing
the highest standards in ESG across our
Davis, EnLink chairman and CEO. “Coupled
announces sale of its final with our commitment to capital efficiency and business operations,” said Patrick Walker,
execution excellence, these opportunities have
chief executive officer of Goodnight. “TXU
non-Gulf Coast related resulted in a substantial increase to our 2021 Energy’s extensive renewables network will
EBITDA and free cash flow outlook.
continue to be essential and PPM’s experience
assets formation of EnLink Carbon Solutions, which of implementing creative and cost effective
“I am also excited to announce the
renewable and micro-grid solutions has
Third Coast Midstream today announced will pursue carbon capture opportunities. been invaluable in helping us structure the
that on June 1, 2021 one of its subsidiaries EnLink has the largest intrastate network in contract. We look forward to continuing to
completed the sale of Third Coast Midstream’s Louisiana, which connects us to industrial work strategically together so we can keep
final non-core asset, and the company has customers in one of the areas with the highest moving significantly closer to our long-term
fully reached the goal of becoming a Gulf of concentrations of C02 emissions in the nation. sustainability goals.”
Mexico and Gulf Coast-focused midstream We are uniquely positioned to launch CCUS GOODNIGHT MIDSTREAM, June 3, 2021
company. ventures that will move EnLink and our
“Third Coast Midstream is pleased to industrial partners toward mutually beneficial Entropy announces multiple
announce the sale of its final onshore asset decarbonisation goals that support the global
outside its core Gulf of Mexico and US energy transition, while also driving value CCS project evaluation
Gulf Coast platform”, stated Matt Rowland, creation for EnLink and our unitholders.”
president and chief executive officer of Third ENLINK MIDSTREAM, June 3, 2021 engagements totalling
Coast Midstream. “I am proud of all that our
team has achieved over the past 20 months, approximately 1mn tonnes
divesting 22 non-core assets and pivoting to ENERGY TRANSITION
become a pure-play Gulf of Mexico and Gulf per annum, and expands
Coast fee-based midstream infrastructure Goodnight Midstream
business.” executive team and board
THIRD COAST MIDSTREAM, June 3, 2021 announces the execution of
EnLink Midstream increases a 100% renewable energy of directors
Entropy (a subsidiary of Advantage Energy)
2021 guidance, forms contract with TXU Energy is pleased to announce memoranda of
understanding (MoUs) with four separate
carbon solutions group, As part of its ongoing efforts to reduce emitting corporations to develop carbon
greenhouse gas emissions, Goodnight
capture and storage (CCS) projects totalling
announces participation in Midstream, a leading midstream produced- approximately 1mn tonnes per annum
(tpa). These MoUs represent an important
water infrastructure company, today
June conferences announced that it has signed a 100% step in commercial deployment of Entropy
renewable energy contract with TXU
technology, demonstrate versatility across a
EnLink Midstream today announced an Energy, a premier retail electricity provider broad range of applications and jurisdictions,
increase to its financial guidance for full- serving residential and business customers and provide visibility to a significant pipeline
year 2021 following continued commodity across Texas. This contract will provide of growth opportunities.
price strength and an increasing of producer renewable energy-backed water takeaway for Additionally, Entropy is pleased to
activity. In addition, EnLink announced Goodnight’s customers. announce that Brent Allardyce and Jill
the formation of a group to pursue energy TXU Energy will secure certified Angevine will join the Entropy board as
transition opportunities, including projects renewable Texas wind resources to cover directors, and Rick Bower has been appointed
in carbon capture, use, and sequestration Goodnight’s energy usage. Over the contract’s to the Entropy executive team as chief
(CCUS). lifetime, approximately 72.5mn kilowatt technology officer.
“We are pursuing exciting growth hours of certified clean renewable energy will ENTROPY, June 2, 2021

Week 22 03•June•2021 www. NEWSBASE .com P13