Companies

NiSource Settles Mass. Gas Explosion Lawsuits for $143 Million

Utility operator NiSource agreed to pay $143 million to settle class action lawsuits related to a series of gas explosions in three suburban Boston communities last year.

MEG Energy Opposes Proposed Enbridge Pipeline Changes

Oil sands producer MEG Energy has written to Canada's energy regulator to oppose pipeline company Enbridge Inc's plan to introduce long-term fixed volume contracts on its Mainline system.

Gazprom Signals Tough Talks with Ukraine on Gas Transit to EU

Alexei Miller, the head of Russian gas giant Gazprom, on Friday warned of difficult talks with Ukraine on gas transit to Europe once the current deal expires at the end of the year.

UGI Completes $1.28B Columbia Midstream Acquisition

Energy distributor UGI Corporation said its Energy Services subsidiary has completed an acquisition of equity interests of Columbia Midstream Group from TC Energy for $1.275 billion.

Boskalis to Manage Seabed, Shore Crossing for Scarborough Pipeline

Papendrecht, Netherlands-based Royal Boskalis Westminster said it has been awarded a contract valued at $162 million (145 million euros) for seabed intervention and shore-crossing activities for the proposed Scarborough export gas pipeline in northwestern Australia.

Russia's Transneft, Oil Firms Clash over Pipeline System Clean-Up

Major Russian oil companies have challenged a plan by Transneft that aims to resolve a problem of tainted oil stuck in Russia's pipeline and storage system by diluting it with clean crude, four company sources said on Wednesday.

CorteCros

CorteCros has expanded its warehouse location in Split, Croatia, with a new manufacturing and laboratory at the site.  Cortec’s proprietary VpCI/MCI corrosion control technologies are now manufactured at the facility in accordance with the REACH regulation, enabling fast shipment to any location wit..

Airborne Oil & Gas

Oilfield technology firm Airborne Oil & Gas and engineering company Simeros Technologies announced a collaboration agreement to deliver the first qualified Thermoplastic Composite Pipe (TCP) Risers in deepwater Brazil. Airborne Oil & Gas commenced its TCP riser qualification program last year...

Hyundai Construction Equipment Americas

Hyundai Construction Equipment Americas has added Correlli Inc. of Dundalk, Md., to its authorized dealer network.  Hyundai said its North American network now includes more than 70 dealerships operating in more than 150 locations...

ICR Integrity

Integrated maintenance and integrity solutions provider ICR Integrity has acquired Sky-Futures Partners, which specializes in drone-based inspections and drone pilot training for the energy sector...

NDT Global

NDT Global has relocated its United Kingdom offices in Aberdeen to a more centralized hub.  The new offices are located in the heart of Aberdeen at Marischal Square, offering improved access and amenities for visiting regional customers...

Enterprise Announces Expansion Projects at Houston Ship Channel

Enterprise Products Partners announced three additional expansion projects that will increase its capacity to load crude oil, LPG, and polymer grade propylene (PGP) from its Enterprise Hydrocarbon Terminal on the Houston Ship Channel

Archrock Acquires Elite Compression for $410 Million

Archrock has agreed to acquire the assets of Elite Compression Services in a $410 million cash and stock deal that adds 430,000 of predominately large-horsepower compression assets to its current 3.5 million-horsepower operations.

Williams

Williams has sold its 50% interest in Jackalope Gas Gathering Services to an affiliate of Crestwood Equity Partners for $484.6 million. Prior to the transaction, Crestwood was marketer and Williams was operator for the 50-50 joint venture. Crestwood has assumed operatorship of Jackalope. P&GJ..

Equitrans

Equitrans Midstream Corporation and EQM Midstream Partners acquired a 60% interest in Eureka Midstream Holdings and 100% interest in Hornet Midstream Holdings in a transaction valued at $1.03 billion. P&GJ..

ConocoPhillips

ConocoPhillips has completed the sale of its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste for $350 million plus customary adjustments. The Sunrise and Troubadour gas and condensate fields, collectively known as the Greater Sunrise Fields, are located in the Timor Sea. ..

Pin Oak

Pin Oak Energy Partners increased its acreage position across the Appalachian Basin to 167,000 net deep acres with the acquisition of 43,000 acres in the Utica Basin from Shell subsidiary SWEPI LP. P&GJ..

$1.6 Billion Liberty Pipeline Construction to Proceed Under Phillips 66, Bridger JV

Phillips 66 and Bridger Pipeline announced that they are proceeding with construction of the $1.6 billion Liberty Pipeline from the Rockies and Bakken production areas to Cushing, Okla.

Final Investment Decision Reached for Whistler Pipeline

MPLX LP, WhiteWater Midstream backed by First Infrastructure Capital, and a joint venture between Stonepeak Infrastructure Partners and West Texas Gas, Inc. have reached a final investment decision to move forward with the design and construction of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers.

JP Services Announces Launch of Water Management Division

JPH Holdings, LLC (JP Services), a full turnkey pipeline integrity solutions company, is pleased to announce the launch of its new Water Management Division to service pipeline owners and operators.

Oryx Extends Open Season On Regional Transportation System

Oryx Extends Open Season On Regional Transportation System

McDermott Announces First Cargo from Cameron LNG Train 1

McDermott International announced that the first cargo of liquefied natural gas (LNG) has been shipped from the Cameron LNG project in Hackberry, La., marking a key step and precursor to completion of Train 1. The latest development follows the announcement of first liquid from Cameron LNG Train 1 on May 14.

NextDecade Mourns Death of Founder, Chairman Kathleen Eisbrenner

Kathleen Eisbrenner, founder and chairman of the board of Houston-based LNG company NextDecade, died May 9. She was 58 years old.

Buckeye Partners to be Acquired for $10.3 Billion

Buckeye Partners, which owns and operates one of the largest diversified networks of integrated midstream assets in North America, has agreed to be aquired by IFM Investors in an all-cash transaction with an enterprise value of $10.3 billion.

Chevron Drops $33 Billion Pursuit of Anadarko, Hands Win to Occidental

Chevron Corp abandoned its pursuit of Anadarko Petroleum Corp , outmaneuvered by a higher rival bid of $38 billion that included more than three times as much cash.

Howard Energy Plans New Gathering System in STACK Play

Howard Energy Partners announced yesterday that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the over-pressured area of the prolific STACK play. HEP’s new midstream infrastructure will be anchored by fee-based, long-term acreage dedications totaling approximately 10,000 acres in Dewey and Custer counties in central Oklahoma.

Siemens Spins Off Gas and Power Division

Siemens is spinning off its gas and power business, which has dragged on the German engineering firm's performance as the rise of renewable power hits demand for gas turbines.

Con Edison Halts Gas Hookups, Citing Interstate Pipeline Constraints

Consolidated Edison imposed a moratorium on new natural gas service in parts of New York’s Westchester County despite a $250 million state plan to reduce energy usage, to avoid compromising system reliability due to limited pipeline capacity into the region. Several companies tried for years to bui..

Greece Becoming 1st First Non-Russian Gas Supplier to Bulgaria

Bulgaria’s Bulgargaz struck a deal to buy 1.5 million megawatt hours of natural gas from Greece’s DEPA, the first time the state provider has bought gas outside its long-term contract with Russia’s Gazprom. Bulgargaz said it will complete the purchase in the second quarter, pumping the gas into its..

Anadarko Backs Oxy's Revised Bid, Pressuring Chevron to Respond

Anadarko Petroleum Corp's board has backed a $38 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk away from the takeover contest.