Natural Gas News – October 12, 2026
Natural Gas News – October 12, 2026
Targa To Build 3 Permian Gas Processing Plants
Pipeline operator Targa Resources said on Monday it would build three natural gas processing plants in the Permian Delaware Basin and a new pipeline, expanding its footprint as production rises in the U.S. shale region. Midstream companies in the U.S. such as Targa are benefiting from strong oil and gas production in the Permian Basin, rising natgas demand driven by liquefied natural gas exports and soaring power generation tied to AI operations, cryptocurrency mining and data centers… https://tinyurl.com/ybdw7j6t
US Gulf Oil Shut-Ins Ease To 57.5% Due To Isaias
Oil and natural gas production disruptions in the US Gulf of Mexico have eased after Hurricane Isaias weakened into a post-tropical cyclone over the weekend, although more than half of the region’s daily crude output remains shut in, according to data released by the Marine Minerals Administration (MMA) on Sunday. The agency said approximately 1.17 million barrels per day of oil production, equivalent to 57.54% of the region’s daily output, remains suspended, down from 62.89% reported on Thursday… For More info go to https://tinyurl.com/3chrm9zb
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