{
  "id": 11191158,
  "title": "There’s a pipeline of deals—for pipelines—that will help power the AI boom",
  "url": "https://urgent.news/2026/10/01/theres-a-pipeline-of-deals-for-pipelines-that-will-help-power-the-ai",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-01T11:03:59.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/01/pipeline-deals-help-power-ai-boom/"
  },
  "original_language": "en",
  "account": "Good morning, Term Sheet readers, this is energy editor Jordan Blum, filling in for Allie. Despite ongoing conflicts and high fuel prices, the midstream sector—consisting of pipelines and gathering, processing systems—has been actively involved in dealmaking. Analyst Andrew Dittmar of Enverus Intelligence Research said the demand for infrastructure, especially natural gas, is driving this activity. A bipartisan infrastructure permitting reform bill introduced in the Senate could further facilitate dealmaking, benefiting all types of energy, including AI-related ventures. Recently, ONEOK acquired Brazos Midstream's Permian Basin assets for $4.42 billion, and Williams purchased Momentum Midstream for $5.5 billion. Western Midstream bought Brazos's Delaware Basin facilities for $1.6 billion. On the oil side, Enbridge bought Tallgrass Energy's crude assets for $2.55 billion, and Plains All American Pipeline acquired Silver Creek Midstream for $585 million. The upstream sector, however, has seen few major deals since Devon Energy's $26.5 billion purchase of Coterra Energy, weeks before the start of the Iran war. The most recent upstream deal was Magnolia Oil & Gas's $4 billion purchase of Warburg Pincus’ and Kayne Anderson WildFire Energy in South Texas’ Eagle Ford Shale. Despite BP's interest in U.S. shale assets, it reportedly withdrew its interest. As major U.S. companies explore internationally again while international players pay premium for U.S. assets, the market shows the growing attractiveness and competitiveness of U.S. energy opportunities.",
  "summary": "Potential sellers ask for more money on inflated valuations, while the buyers think longer term and conservatively. It’s hard to meet in the middle on a price tag.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}