Company News

Blackbuck Resources Acquires Whites City Water Infrastructure from Cimarex Energy

Blackbuck Resources has acquired water infrastructure assets from Cimarex Energy.

TechnipFMC Awarded EPCI Contract for Equinor Breidablikk Pipelay and Subsea Installation

Oil and gas services frim Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract for Equinor's Breidablikk subsea pipelaying project.

ConocoPhillips to Buy Concho Resources for $9.7 Billion

ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector continued to consolidate amid lower fuel prices and demand.

ADNOC to Divest 20% Stake in Gas Pipeline Assets

ADNOC has announced a 20% sale of its gas pipeline assets to the Abu Dhabi Pension Fund and a regional holding company, ADQ.

Enbridge Completes North Dakota Stretch of Line 3 Replacement Project

Enbridge announced on Wednesday that the Canadian pipeline company has completed the North Dakota portion of its Line 3 replacement project.

Illinois Approves Expansion of Dakota Access Oil Pipeline

Regulators in Illinois approved on Wednesday Energy Transfer's expansion plan for the Dakota Access pipeline.

Oryx Launches Binding Open Season on Proposed New Gathering System

Oryx Midstream has launched a binding open season to solicit shipper interest in a proposed new gathering system to transport crude from Eddy County, New Mexico to an interconnect with the Trans Permian Pipeline System.

Trans Mountain Agrees to Reroute Pipeline Around Indigenous Area

After years of litigation, Trans Mountain has agreed to reroute a portion of its expansion project around an indigenous area, according to a filing with Canadian energy regulators.

North American Energy Bankruptcies Pile Up in Third Quarter — Haynes and Boone

Law firm Haynes and Boone said a perfect storm of weak fuel demand due to the COVID-19 pandemic, a collapse in crude prices, and shrinking amounts of available credit all caused North American energy bankruptcies to pile up in Q3.

Saudi Aramco, Investors Discussing $10 Billion Pipeline Deal — Sources

Sources have reported that Saudi Aramco is in talks with asset firm BlackRock as well as other investors about selling a $10 billion stake in its pipeline assets.

BP Says Trans Adriatic Pipeline to be Ready by End of 2020

BP said it expects to begin shipping natural gas on the Trans Adriatic Pipeline by the end of 2020.

Russian Oil Companies Settle Dirty Oil Dispute with Total

Two major Russian oil companies have settled a dispute with French major Total over contaminated oil supplies delivered on the Druzhba pipeline last year.

Equitrans to Evaluate Mountain Valley Pipeline Cost, Timing

Equitrans Midstream said on Monday that the company will evaluate the cost and timing of completing the Mountain Valley natural gas pipeline based on current litigation and regulatory approvals.

U.S. Energy Companies Begin Restoring Oil and Gas Output After Hurricane

Several U.S. oil and gas companies began the process of restarting production at facilities along the country's Gulf Coast on Sunday, two days after Hurricane Delta hammered the area with 100 mph winds.

NextDecade on Track for Rio Grande Facility FID in 2021

U.S. LNG company NextDecade said it is still planning to reach a final investment decision regarding it's Rio Grande LNG facility in 2021.

Energy Transfer CEO to Step Down

Energy Transfer announced on Thursday that the pipeline giant's co-founder and CEO Kelcy Warren will be stepping down on Jan. 1.

$56M Settlement Approved in Massachusetts Gas Explosions

A $56 million settlement has been approved in the case regarding a series of natural gas explosions and fires in Massachusetts in 2018.

T.D. Williamson Crews Isolate Burning NGL Pipeline for Repair

Crews at T.D. Williamson isolated a ruptured 14-inch NGL pipeline, while gas continued to flare off, enabling them to repair the system while it remained in service.

Glenfarne Gets 5 More Years to Build Magnolia LNG Plant

U.S. energy regulators have given Glenfarne Group an additional five years to construct its Magnolia LNG plant in Louisiana.

TransAlta and Tidewater Midstream Agree to Sell Pioneer Pipeline

TransAlta and Tidewater Midstream have agreed to sell the Pioneer Pipeline to ATCO Gas and Pipelines for CDN $225 million.

Centurion Pipeline Announces In-Service Date for Augustus Pipeline

Centurion Pipeline has announced that its Augusts Pipeline is expected to commence service on December 1, 2020.

Navigator Looks to Expand Borger Express Pipeline System

Navigator Energy Services has launched a binding open season on its Borger Express Pipeline to engage interest in expanding the system with 200 miles of new pipeline.

Gas Release from Kinder Morgan Pipeline in Texas

An undetermined amount of natural gas was released on Sunday from a Kinder Morgan owned pipeline which crosses under the Trinity River near Goodrich, TX outside of Livingston.

TC Energy to Buy Rest of TC PipeLines in $1.48 Billion Deal

TC Energy has agreed to purchase the remainder of natural gas pipeline operator TC PipeLines in a deal valued at $1.48 billion.

Artera Completes Purchase of Otis Eastern Service

Artera Services has completed its previously announced acquisition of Otis Eastern.

Frontier Aspen Announces Binding Open Season

Frontier Aspen has announced a binding open season on a proposed expansion of its Wyoming-Utah oil pipeline.

Black Bear Transmission Sells Ozark Natural Gas Gathering Assets to Undisclosed Buyer

Black Bear Transmission has sold all the assets owned by Ozark Gas Gathering to an undisclosed buyer, six months after acquiring them from Enbridge.

Noble Energy Shareholders Approve $4.2 Billion Sale to Chevron

Shareholders of Noble Energy approved the company's $4.2 billion sale to Chevron on Friday making Chevon the second-largest shale producer in the U.S.

NGL Energy Partners Announces Commissioning of Poker Lake Express Pipeline

NGL Energy Partners has commissioned it's Poker Lake Express produced water pipeline.

GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission

U.S. pipeline operator GridLiance has agreed to be acquired by NextEra Energy.