Business News

Aramco Americas Named as Host Sponsor for Carbon Intel Forum

Gulf Energy Information, producer of the Carbon Intel Forum, is pleased to announce that Aramco Americas will be Host Sponsor for the 2022 event to take place September 28 – 29 in Houston, Texas.

People in the News June 2022

People in the News June 2022

Tellurian COO Keith Teague Retires

Tellurian Inc. announced on Monday that Chief Operating Officer Keith Teague is retiring from full-time employment and will continue with Tellurian in an advisory role.

What's New May 2022

Emerson, RegO, Sick, Dekotec, Esco Tool and Polygon.

Pipeline Operator TC Energy Posts Quarterly Profit

TC Energy reported a quarterly profit, compared with a year-earlier loss when it took C$2.2 billion ($1.7 billion) in impairment charges related to the suspension of its Keystone XL pipeline project.

What's New April 2022

News from Vermeer, NDT Global, Sensirion, Fine Tubes, NevadaNano and Ralston.

What's New March 2022

News from OleumTech, Honeywell, NDT Global, Dynatrol, Antaira and Denso.

BP Dumping Stake in Russia's Rosneft in Up to $25 Billion Hit

BP is abandoning its stake in Russian oil giant Rosneft, marking the most significant move yet by a Western company in response to Moscow's invasion of Ukraine.

What's New February 2022

News from Sensirion, Polygon, Rockwell, Trimble, RegO and Antaira.

Decom Deploys 2 Pipeline Cutting Saws in Asia-Pacific

Decom Engineering Limited has consolidated a strong 2021 performance with a hat trick of international contract wins valued at more than $531,000 (£400,000).

TC Energy Beats Profit Expectations on Stronger Demand

Canada's TC Energy beat analysts' estimates for quarterly profit on Tuesday, boosted by a pick-up in pipeline transport volumes, as oil prices surged about 50% in the quarter.

Eni Talking to Investors on Energy Transition SPAC

Eni is testing investor appetite for a special purpose acquisition company (SPAC) dedicated to energy transition projects as part of its own green drive, two sources said.

U.S. Power Use to Rise in 2022 as Economy Continues to Grow - EIA

U.S. power consumption will rise in 2022 and 2023 as the economy continues to recover, the U.S. Energy Information Administration said in its Short Term Energy Outlook on Tuesday.

Canada's Oil M&A Flurry Seen Giving Buyers Upper Hand in Dealmaking

A rally in oil prices to over seven-year highs is leading to a flurry of asset sales in Canada as energy companies cash out of low-margin assets, but the rush of deals could turn it into a buyer's market, bankers and company executives said.

Carbon+Intel: Top US Oil States Vie for Carbon Capture Oversight to Speed Up Permits

Companies are proposing carbon capture and storage hubs to sequester greenhouse gas emissions from refineries, chemical and natural gas plants, a move that could help slow global warming.

TotalEnergies Withdraws Completely from Myanmar

Before now, the company's decisions have been to halt all ongoing projects, but to continue to produce gas from the Yadana field, which is essential for supplying electricity to the local Burmese and Thai population.

Kinder Morgan Profit Tops Expectations on Higher Gasoline, Jet Fuel Volumes

Kinder Morgan beat Wall Street expectations for fourth-quarter profit, as the U.S. pipeline operator transported higher volumes of gasoline and jet fuel with demand rising.

Associations in the News January 2022

INGAA Names New VP Environment   Jones The Interstate Natural Gas Association of America (INGAA) has named Julia Jones as its vice president of Environment. She brings to INGAA nearly two decades of experience as an environmental attorney.    Prior to joi..

Companies in the News January 2022

San Diego-based engineering firm Kleinfelder has acquired Century Engineering of Hunt Valley, Maryland. Century provides a multitude of engineering services including transportation planning, design, and inspection; information and spatial solutions (GIS).  ..

People in the News January 2022

People  Weaver Pipeline infrastructure company Interflow has named Daniel Weaver as its new managing director, marking the fourth generation of family leadership at the Sydney, Australia-based firm. His father, former CEO Geoff Weaver, will remain as chair..

What's New January 2022

What's new in products and services from Saint-Gobain, NDT Global, Vermeer, Netzsch, Ralston, and Brooks.

Enbridge to Expand Natural Gas Pipeline for Transport to Texas LNG Brownsville

Texas LNG Brownsville and Enbridge have executed a pipeline transportation precedent agreement for the expansion of the Valley Crossing Pipeline.

Inaugural P&GJ Awards Winners Honored at In-Person Houston Gala

An elite group of midstream professionals gathered in Houston on November 18th to attend the inaugural Pipeline & Gas Journal Awards gala, which honored the midstream industry’s leading innovations and outstanding personal contributions.

Mega-Field of Zama Draws Big Investment in Mexico

Although Pemex has yet to present a development plan for the Zama oil field, exploration company Talos Energy recently said its value, regardless of operator and equity splits, will be in “multiples of invested capital to date.”

Clearfork Midstream Secures $400 Million Commitment, Plans to Acquire Azure Midstream

Clearfork Midstream announced it has secured a $400 million commitment from EnCap Flatrock Midstream and will acquire Azure Midstream Energy.

Kazakh Ex-Leader's In-Laws Leave Key Energy Sector Jobs

Two members of former Kazakh president Nursultan Nazarbayev's extended family have resigned from the leadership of state oil and gas shipping companies.

Indian Oil to Invest $944 Million on Gas Sales Network in Nine New Areas

Indian Oil Corp, the country's top refiner and fuel retailer, aims to invest 70 billion rupees ($944.02 million) to build gas sales network infrastructure, including pipelines.

Aramco Oil Pipelines Investors Miss Funding Goal With $2.5 Billion Bond Sale

A group of institutional investors that took a stake in Saudi Aramco's oil pipelines network sold $2.5 billion in dual-tranche amortizing bonds, significantly below the amount sought.

Harvest Midstream Signs Agreement to Acquire Arrowhead ST Holdings

Harvest Midstream announced the signing of a purchase and sale agreement to acquire the remaining interest in Arrowhead ST Holdings, LLC from its joint venture partner.

UGI to Acquire Stonehenge Appalachia Midstream Natural Gas Gathering System

UGI Corporation announced that its subsidiary, UGI Energy Services, agreed to acquire Stonehenge Appalachia for approximately $190 million.