Tag Archives: company news

ABA Elects New Chair of Section of Environment, Energy and Resources

John E. Milner, partner in Brunini, Grantham, Grower & Hewes PLLC, has been named Chair of the American Bar Association (ABA) Section of Environment, Energy and Resources, the premier forum for lawyers practicing environmental, natural resources and energy law. The ceremony took place on August 13, 2017, at the ABA Annual Meeting in New York City. The Section provides educational programs, publications, and other services, and keeps members aware of developing trends, current court decisions, legislative initiatives, and regulatory programs. Milner previously served as Chair-Elect and Vice Chair, in addition to other leadership positions. In […]

Saginaw Trail Pipeline Construction Begins

Consumers Energy has started construction on the Saginaw Trail Pipeline, a five-year, approximately $610 million project in Saginaw, Genesee and Oakland counties to increase natural gas reliability and safety in Michigan. Crews of about 450 union skilled trades workers from Consumers Energy and construction contractor Welded Construction are removing 78 miles of 12- and 16-inch pipeline dating to the 1940s and installing a new 24-inch pipeline. “This project is a long-term commitment by Consumers Energy and fulfills several promises to our customers, such as working for safer communities and delivering energy where it’s needed; with […]

ATCO Meets Wildfire Chaos with Heroic Response

August 2017, Vol. 244, No. 8

Like others in the oil and gas industry, the Canadian Gas Association (CGA) and its membership hold safety in the highest regard, and every year the 110-year-old organization honors deserving companies for outstanding performances in that area. But when the CGA, in considering the effort Alberta-based ATCO delivered following last year’s Fort McMurray wildfires, decided it needed to establish a one-of-a-kind honor for the local distribution company’s exceptional work, we at P&GJ realized this deserved special mention in our pages as well. The President’s Safety Award for Excellence was presented by CGA President and CEO...

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IPLOCA Reinforces its Engagement with Key Stakeholders

August 2017, Vol. 244, No. 8

Since its inception over 50 years ago, IPLOCA (The International Pipe Line and Offshore Contractors Association) has been a recognized voice of the pipeline industry and its mission remains providing value to members through a forum for sharing ideas, engaging the industry and its stakeholders, facilitating business opportunities and promoting the highest standards in the pipeline industry. 2017 Annual Convention in Mexico City This year, IPLOCA’s annual convention will be held in Mexico City from Sept. 25-29. Owners of and suppliers to pipeline construction companies, and their clients – the Regular, Associate and Corresponding Members...

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  • Receive Monthly PGJ eNewsletter
  • Access pgjonline.com Premium Content on (in-depth coverage; analysis; research)
  • Access PGJ Special Reports (e.g. PGJ 500)
  • Access PGJ Studies
  • Access PGJ Surveys
  • Access PGJ Whitepapers
  • Access PGJ Buyer’s Guide
  • Access PGJ magazine back-issues
  • Receive PGJ eMail Alerts - breaking industry news
  • Early invitation to PGJ Webinars
  • Early invitation to PGJ Events (e.g. Pipeline Opportunities Conference)
  • Enhanced no-charge listing in PGJ Buyer’s Guide

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Goldman Lost $100M On Marcellus Natural Gas Bet

Goldman Sachs lost more than US$100 million on a bet that Marcellus gas prices in the Marcellus shale would rise as takeaway pipeline capacity increased, The Wall Street Journal reports, citing people familiar with the trade. In the second quarter, Goldman Sachs reported net revenues in the Fixed Income, Currency and Commodities Client Execution division plunging by 40 percent on the year to US$1.16 billion, “due to significantly lower net revenues in interest rate products, commodities, credit products and currencies, partially offset by higher net revenues in mortgages.” According to The Journal’s sources familiar with […]

Saipem Awarded Pipeline Construction Contract

Saipem has been awarded a contract worth approximately 850 million USD by the Kuwait Oil Company for engineering, procurement, construction and commissioning activities associated with the Feed Pipelines for New Refinery Project, which is connected to the development of the new Al Zour refinery located in southern Kuwait. The scope of work includes the construction of a pipeline system approximately 450 km in length designed to transport crude oil and gas from various Kuwait Oil Company South Tank Farm manifolds to the new Al Zour refinery and building a network to transport the refined products to storage […]

Plains All American Makes Leadership Change

Plains All American Pipeline, L.P. and Plains GP Holdings today announced Oscar K. Brown has been appointed by an affiliate of Occidental Petroleum Corporation to serve as its designated representative on the Board of Directors of PAA GP Holdings LLC, replacing Ben Figlock. The PAA GP Holdings Board has responsibility for managing the business and affairs of Plains All American Pipeline and Plains GP Holdings. “We are pleased to welcome Oscar to the Board and look forward to working with him,” said Greg L. Armstrong, Chairman of the Board and CEO of Plains All American Pipeline and […]

4 AM Midstream Acquires White Star Petroleum Assets

4 AM Midstream, LLC has acquired midstream oil and gas gathering assets from White Star Petroleum, LLC, an independent oil and natural gas exploration and production company headquartered in Oklahoma City. The acquired assets are located in central Oklahoma and include 253 miles of gas gathering pipelines including 26 miles of high pressure lines and 214 miles of crude oil gathering pipelines. “The acquisition of White Star’s midstream assets is the first phase of our overall strategy for Central and Western Oklahoma,” said 4 AM Midstream CEO  Aubrey Harper. “The system was built to accommodate a […]

Cabot Oil & Gas Corporation Elects New Directors

Cabot Oil & Gas Corporation has elected Amanda M. Brock and Marcus A. Watts to its Board of Directors, effective immediately. Since 2009, Brock has been the Chief Executive Officer of Water Standard, a water treatment company focused on water-based enhanced oil recovery, recycling and reuse of water and produced water treatment. Brock is also working with Solaris Midstream, which is developing integrated water infrastructure systems and midstream assets in key oil and gas basins in the United States. Previously, Brock served as Executive Director and President, Americas, of Azurix, a global water treatment and […]

Pipeline Construction Project Planned in the Delaware Basin

3Bear Energy, LLC has entered into definitive agreements with an anchor shipper to develop, own and operate a gathering and processing system serving the Northern Delaware Basin in Lea and Eddy Counties in New Mexico. As part of the project, 3Bear Energy is constructing more than 100 miles of pipeline wellhead gathering, including systems for oil, gas and water transportation, a central water treatment facility, crude terminal and a 60,000 Mcf/d cryogenic gas processing plant with treating capabilities. The company expects the system to be operational in the first quarter of 2018. “3Bear is pleased to […]

ScottMadden Announces New Rates, Regulation, & Planning Practice and Practice Leader

ScottMadden, Inc., one of North America’s leading energy consulting firms, today announced the addition of the new Rates, Regulation, & Planning practice and the promotion of Bob Hevert to Rates, Regulation, & Planning practice leader. Hevert joined ScottMadden in 2016, specializing in corporate finance, mergers and acquisitions, project finance, asset and business unit valuation, rates and regulatory matters, energy market assessment, and corporate strategic planning. He has provided expert testimony on a wide range of financial, strategic, and economic matters on more than 150 occasions at the state, provincial, and federal levels for numerous leading […]

Axalta Coating Systems to Acquire Plascoat Systems Limited

Axalta Coating Systems has acquired Plascoat Systems Limited from its parent company, International Process Technologies (IPT) Ltd. Financial terms of the transaction were not disclosed. Established in 1952, Plascoat has pioneered the science behind the formulation, manufacturing, and application of thermoplastic polyolefin coatings. The company’s product portfolio includes the following: Plascoat PPA 571, a flexible, tough and highly durable plastic coating used for a wide variety of outdoor applications Talisman, a hard wearing, tough plastic coating used extensively in the dishwasher basket coating market Plascoat PPA 571 Aqua, a unique plastic coating for potable water pipes […]

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