Pickering Energy Partners Advises Onstream CO2 in its Joint Venture with Enbridge

Full Post
Pickering Energy Partners advised OnStream CO2 in a joint venture with Enbridge, advancing Louisiana's first offshore carbon storage hub, GeoDura.

HOUSTON, TX - Pickering Energy Partners (PEP) served as the exclusive financial advisor to OnStream CO2, LLC (OnStream) in its joint venture partnership with a wholly owned subsidiary of Enbridge, Inc. (Enbridge), one of North America’s largest midstream companies.  Onstream, a partnership among Enbridge, Castex Carbon Solutions, LLC (Castex) and Carbonvert, LLC (Carbonvert), is a developer of carbon storage projects along the southern coast of Louisiana, including the GeoDura CO2 Storage Hub offshore of Cameron Parish.  GeoDura is set to become the State’s first multi-source offshore carbon storage hub, with injection operations expected in 2028.  As a part of its commitment to OnStream, Enbridge has agreed to act as OnStream's preferred CO2 transportation provider.  Adding Enbridge's extensive transportation project and operational expertise to the joint venture strengthens OnStream's ability to deliver currently planned and future CO2 projects across Southern Louisiana.

For additional information, please click here.

About Pickering Energy Partners
Pickering Energy Partners (PEP) is an energy-focused financial services platform. Our expertise spans decades across the entire energy landscape. We are, at our core, trusted energy advisors, investors, and partners alongside our clients. The PEP platform includes Investment Banking, Capital Markets, Investments, Research, and Consulting. Headquartered in Houston, Texas, PEP delivers an experienced, opportunistic team that aims to provide guidance and long-term value for clients while having a positive impact on the companies and communities that PEP invests in.

Pickering Energy Partners LP (“PEP”) is a SEC Registered Investment Adviser. Affiliated PEP Advisory LLC (“PEP BD”) is a registered broker-dealer, member FINRA/SIPC. 

For media inquiries:

Jennifer Petree pr@petreepartners.com

Pickering Energy Partners Advises Onstream CO2 in its Joint Venture with Enbridge

Timeframe

Add to calendar

Location

No items found.

Connect

No items found.

Sponsored

PEP Library

Explore Our Latest Insights

Visit page
Visit Library post
Dan Pickering from Pickering Energy Partners says the oil market remains highly headline-driven and that the equity markets may be too complacent about the timeline for oil supply to normalize. U.S. oil producers, he adds, are staying disciplined, focusing on weak forward prices rather than short-term volatility or policy signals.
Visit page
Visit Library post
Dan Pickering, Pickering Energy Partners founder and CIO, joins ‘Power Lunch’ to discuss what the U.S. blockade of Iranian ports means for oil prices, the state of global oil inventories, how U.S. companies will respond, and more.
Visit page
Visit Library post
Oil tanker Rich Starry abruptly reversed course in the Strait of Hormuz, joining hundreds of stalled vessels amid rising tensions disrupting global energy flows.
Visit page
Visit Library post
The prospect of a cease-fire between the U.S. and Iran drove oil prices and energy stocks lower Wednesday as traders anticipated at least a temporary respite for markets.
Visit page
Visit Library post
Dan Pickering, Founder and CIO of Pickering Energy Partners, says that Iran is loathe to give up its leverage on the Strait of Hormuz, and that until loaded ships move out of the Strait and empty ships move in, any solution remains temporary. He says that oil prices will likely hover around $70 to $90 per barrel.
Visit page
Visit Library post
The Iran war calls for a fundamental rethink of a sector that investors had shunned for years
Visit page
Visit Library post
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day.
Visit page
Visit Library post
Experts warn Iran’s influence over the Strait of Hormuz could disrupt energy flows, elevate oil prices, and create lasting global economic consequences.
Visit page
Visit Library post
Dan Pickering of Pickering Energy Partners On Global Oil Prices
Visit page
Visit Library post
Dan Pickering of Pickering Energy Partners On Global Oil Prices
Visit page
Visit Library post
Dan Pickering of Pickering Energy Partners warns that tighter oil supply could spark hoarding, pushing prices higher and setting the stage for demand destruction if the conflict drags on.
Visit page
Visit Library post
Dan Pickering, founder and CIO of Pickering Energy Partners, discusses the oil industry.
Visit page
Visit Library post
It is time to be more optimistic about oil markets and energy stocks.
Visit page
Visit Library post
Surging oil and LNG prices tied to the Iran conflict have pushed U.S. energy stocks to record highs, benefiting companies like Exxon, Chevron, and major refiners even as broader markets decline.
Visit page
Visit Library post
Rising oil prices driven by the Middle East conflict are increasing profits for U.S. oil producers, but uncertainty over how long the price surge will last is making companies cautious about expanding production.
Ready to get started?
Contact our specialized teams at PEP for more information.