Targa to boost natgas processing in Permian through $3.5 bln Lucid Energy deal
Oil and gas infrastructure company Targa Resources on Thursday agreed to buy Permian-based natural gas processor Lucid Energy Group for $3.55 billion in cash, as it looks to take advantage of record high gas prices with demand surging. U.S. natural gas prices have more than doubled this year as Russia’s invasion of Ukraine roiled global […]
Targa to boost natgas processing in Permian through $3.5 bln Lucid Energy deal
Oil and gas infrastructure company Targa Resources on Thursday agreed to buy Permian-based natural gas processor Lucid Energy Group for $3.55 billion in cash, as it looks to take advantage of record high gas prices with demand surging. U.S. natural gas prices have more than doubled this year as Russia’s invasion of Ukraine roiled global […]