Companies

Prometheus Energy

Prometheus Energy completed a four-month winter peaking service to augment National Grid’s distribution network in Rhode Island.

Alliance Pipeline

Alliance Pipeline announced Enbridge and Pembina Pipeline, each of which owns either directly or through affiliates, 50% of Alliance, have decided to convert the operation and administration of Alliance Pipeline into an owner-operator model.

Nicor Gas

Nicor Gas, the largest natural gas distribution company in Illinois, has chosen Sensus as the technology provider for its meter modernization program.

Buckeye Partners

Buckeye Partners announced an $80 million expansion of the Chicago Complex, its key logistics hub in the Midwest.

Smart Sand

Smart Sand acquired the rights to operate a unit train capable transloading terminal in Van Hook, N.D., to service the Bakken formation.

Enbridge to Sell U.S. Gas Pipelines Unit

Enbridge will sell Midcoast Operating, its U.S. gas pipelines unit, to an affiliate of private equity firm ArcLight Capital Partners for $1.12 billion, the company said.

Suncor CEO: Pipeline Bottlenecks Won't Constrain Company's Growth

Suncor CEO Steve Williams said the company's current growth plan is not constrained by pipeline bottlenecks, but does not expect to make any further major investments in Canada's oil sands until market access improves.

Marathon to Buy Andeavor for $23 Billion

Marathon Petroleum is acquiring Andeavor for more than $23 billion, creating a refiner with an extensive reach across the U.S.

Gulf Publishing Rebrands to Gulf Energy Information

Gulf Publishing Company, a leading provider of media, marketing and market intelligence services, has announced the business’ transition to Gulf Energy Information.

Chevron Evacuates Venezuela Executives Following Staff Arrests

Chevron evacuates executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA.

PART 2: Entegra Solutions President – Racing and ILI an Odd Companion

In part 2 of an interview with Mark Olson, founder of Integra Solutions, he explains how the inline inspection industry has changed since he first launched the company.

EQT Corporation

EQT Corporation will separate its upstream and midstream businesses to create an independent, publicly traded midstream company.

Magellan Midstream Partners and Intercontinental Exchange

Magellan Midstream Partners and Intercontinental Exchange (ICE) launched a new auction for a portion of multi-month Permian WTI storage capacity at Magellan’s East Houston Terminal.

Avangrid Renewables Holdings, Amphora Gas Storage USA and Castleton Commodities

Avangrid Renewables Holdings has agreed to sell its Enstor Gas storage business to Amphora Gas Storage USA. The sale includes natural gas storage facilities owned and operated by Enstor in the U.S. Gulf Coast and Southwest regions with a total capacity of 88.5 Bcf and a net working gas storage capacity of 67.5 Bcf. The deal does not include the Enstor gas trading business, which Avangrid agreed to sell to Castleton Commodities in an unrelated transaction that closed last month.

Noble Midstream Partners

Noble Midstream Partners sets a 2018 capital budget of up to $535 million with a focus on growth projects in the DJ and Delaware basins.

ExxonMobil

ExxonMobil is providing $1 million for the humanitarian relief effort in Papua New Guinea to assist communities affected by a powerful earthquake and aftershocks in the country’s Highlands area.

Total, NOVA Chemicals, and Borealis

French oil major Total, Canada’s NOVA Chemicals and Austria’s Borealis signed definitive agreements to form a joint venture to build a steam cracker and polyethylene plant on the Texas coast. Total will own half of the venture, while a joint venture of NOVA and Borealis, Novealis Holdings, will own the other half.

Praxair

Industrial gas company Praxair was named a 2018 World’s Most Ethical Company by the Ethisphere Institute for the second straight year.

American Petroleum Institute

After 10 years,  API President and CEO Jack Gerard said he will step down when his current contract ends in August. Until then, he will continue to direct the association’s work and assist in the search for a new CEO. Since Gerard joined API in 2008, membership grew by almost 50% and added members f..

Northwoods Energy

Northwoods Energy has agreed to buy SM Energy’s core Powder River Basin assets. The acquisition is comprised of over 112,200 predominantly contiguous net acres of leasehold in Converse, Campbell, and Johnson counties in Wyoming.  ..

Victaulic

Victaulic, a manufacturer of mechanical pipe joining solutions, unveiled a plan to build an additional manufacturing center in Lehigh Valley, PA. The 400,000- square-foot facility is expected to break ground later this year and be fully operational in 2019.  ..

ExxonMobil Upstream Research Company

ExxonMobil Upstream Research Company signed a three-year joint development agreement with MagnaBond, to develop new technologies that could enhance evaluation of well cementing, casing and tubing. The agreement came about as part of as part of the Industry Technology Facilitator initiative to addres..

BiSN

BiSN, maker of metal-to-metal pipeline downhole sealing solutions, received a $1.8 million investment from the Aberdeen-based Oil & Gas Technology Centre (OGTC), the company said. BiSN is one of four companies to benefit from the organization’s “Call for Ideas” initiative, targeting plugging and aba..

MAXX North America Services USA

MAXX North America Services USA offers a range of Pipeline Integrity services, including inspection, tracking, and maintenance, to the upstream, midstream and downstream markets. MAXX, which originated in Canada, has been operating in the United States since 2013, with an office in Billings, Mont. M..

Fluor Corporation

Fluor Corporation was awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading (FPSO) vessel in the North Sea. Fluor booked the undisclosed contract value in the fourth quarter of 2017. The FPSO will have a production..

San Mateo Midstream

San Mateo Midstream announced a strategic relationship with a subsidiary of Plains All American Pipeline for gathering and transporting crude oil for upstream producers in Eddy County, NM. Subsidiaries of San Mateo and Plains will work together through a joint tariff arrangement and related transact..

Kinder Morgan

Kinder Morgan placed the Utopia Pipeline into service, and product delivery of ethane from Harrison County, Ohio, to Windsor, Ontario, Canada, has begun. The pipeline system extends 270 miles and has an initial capacity of 50,000 bpd, which can be expanded to more than 75,000 bpd.  ..

R.S. Technical Services

R.S. Technical Services, a pipeline inspection technologies company acquired by Subsite Electronics in July has officially changed its name to Subsite. The company will have a new website and updated branding but everything else will remain unchanged, the company said.  ..

NextDecade Corporation

NextDecade Corporation named current President Matthew K. Schatzman as its CEO.  Schatzman replaced Kathleen M. Eisbrenner, who founded NextDecade in 2010 and will remain chairman of NextDecade’s Board of Directors.  ..

National Petroleum Construction

National Petroleum Construction, a subsidiary of Senaat, awarded a $327 million engineering, procurement and construction contract from ONGC for five well platforms and associated pipelines to be constructed in the Ratna field off the west coast of India.  ..