Company News

Con Edison Seeks Expanded Pipeline Capacity via Compressor Upgrades

Con Edison said today that it has reached agreement with the owners of an existing natural gas pipeline that serves Con Edison’s facilities in Westchester County for additional natural gas capacity. Once completed, this reasonable, low-impact solution will provide Con Edison with the natural gas capacity needed to lift the current moratorium on new gas hookups in Westchester County.

NTSB Reveals Findings of Three Year Gas Explosion Investigation

A gas company's faulty equipment is the most likely cause of an explosion at a suburban Maryland apartment complex that killed seven people in 2016, according to federal report issued Tuesday.

Mariner East 1 Pipeline Operational Again

Energy Transfer LP announced that effective Monday, April 23 Mariner East 1 pipeline has resumed operations. The 350-mile, 8-inch NGL pipeline transports NGLs across Southern Pennsylvania to Energy Transfer’s Marcus Hook Industrial Complex in Delaware County, PA.

Apache Corp Halting Permian Gas Production Due to Lack of Pipelines

Oil and gas producer Apache Corp said on Tuesday it temporarily halted production at its Alpine High assets in the Permian basin late March, curtailing output of about 250 million cubic feet of natural gas per day because of extremely low prices.

Shell in Talks to Buy BP's Share of Shearwater Field

Royal Dutch Shell is in talks to buy BP's stake in the Shearwater oil and gas field in the British North Sea for around $250 million.

Occidental Petroleum Submits $57 Billion Bid for Anadarko, Topping Offer From Chevron

Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko Petroleum Corp, topping Chevron Corp's $50 billion offer and setting up the first hostile takeover battle for a major oil company in years.

New Cogent Pipeline to Connect Processing Complex to GCX

Cogent Midstream said it plans to build a new 400 MMcf/d pipeline to deliver residue gas from its Big Lake Natural Gas Processing complex in the Midland Basin to the Gulf Coast Express Pipeline (GCX).

South Dakota Governor Defends Pipeline Protest Legislation

South Dakota's governor and attorney general are asking a federal judge to throw out a lawsuit challenging a new law that aims to prevent disruptive demonstrations against the Keystone XL pipeline if it's built.

Tellurian Driftwood Project Granted FERC Authorization Order

Tellurian Inc. announced today that the U.S. Federal Energy Regulatory Commission has issued the order granting authorization for Driftwood LNG, a proposed 27.6 mtpa liquefaction export facility near Lake Charles, Louisiana, and the associated Driftwood pipeline, a 96-mile proposed pipeline connecting to the facility.

Oryx Midstream Launches Binding Open Season for New Movements on Texas Pipelines

Oryx Midstream Services II, LLC announced today that its operating subsidiary, Oryx Delaware Oil Transport LLC has launched a binding open season to secure volume commitments to support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico. The binding open season commenced on, April 17, 2019 at 8 a.m. CDT and is scheduled to conclude at 5 p.m. CDT on May 31, 2019.

Kinder Morgan Eyes Another Permian Gas Pipeline

Executives at cash-flush Kinder Morgan, which already has two major Permian Basin-Gulf Coast natural gas pipelines totaling 4 Bcfd under construction, are considering a third pipeline in response to ever-growing demand in the region.

Minnesota Governor Renews Challenge to Enbridge Pipeline

Gov. Tim Walz said Monday that his administration has renewed its challenge to a regulatory panel’s approval of Enbridge Energy’s plan to replace its aging Line 3 crude oil pipeline across northern Minnesota, saying he wants to let the legal process play out.

Michigan Governor Open to Possible Line 5 Tunnel Construction

Michigan Gov. Gretchen Whitmer said Wednesday that she's open to allowing construction of an oil transport tunnel beneath the channel where Lakes Huron and Michigan meet, despite previously halting work on a tunnel plan developed by her predecessor.

New Concho-Frontier JV to Construct Midland Basin Gathering System

Concho Resources and Frontier Midstream Solutions IV have agreed to form a 50-50 joint venture, Beta Crude Connector, LLC (BCC), to build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin.

Zydeco Announces Open Season for Non-Firm Capacity

Zydeco Pipeline Company, jointly owned by Shell Midstream Partners and Shell Pipeline Company, announced an open season seeking binding commitments for non-firm capacity transportation service on its 350-mile pipeline.

Medallion Starts Open Season for Expanded Joint Tariff Service

Medallion Delaware Express and Medallion Pipeline Company announced an open season to solicit binding, long-term commitments to support an expansion of the Delaware Express and Medallion pipeline systems for an expanded joint tariff service.

Petrobras Sells Pipeline Unit to Engie for $8.6 billion

A consortium led by France's Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil's Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company's biggest divestment draws to a close.

Tellurian Announces Binding Open Season for the Permian Global Access Pipeline

Tellurian announced today that its subsidiary Permian Global Access Pipeline is conducting a binding open season to secure prospective shippers for its proposed PGAP project.

Sunoco Settles Mariner East 1 Case with Pennsylvania PUC

Energy Transfer's Sunoco Pipeline subsidiary has reached a $200,000 settlement agreement with the Pennsylvania Public Utility Commission (PUC) over an 840-gallon ethane and propane leak from Mariner East 1 pipeline in 2017.

Hastings Announces Sale of Cactus Fuel

Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy and industrial services businesses, is pleased to announce the sale of assets of Cactus Fuel, LLC to Pilot Thomas Logistics, LLC.

Moda Looks at 2nd Supertanker Berth to Handle 3 New Pipelines

Moda Midstream LLC is considering building a second berth at its Ingleside, Texas, crude export terminal to accommodate supertankers, the company’s chief executive, Bo McCall, said.

China Plans State Pipeline Company to Spur E&P

China is expected to introduce a plan this year to combine the long-distance pipeline assets of its state-owned energy companies into a single, national oil and gas pipeline group and open access to private and foreign energy producers.

VNG Busy Modernizing Pipeline Infrastructure

As with many other natural gas providers, Virginia Natural Gas (VNG) faces the twin challenge of replacing aging pipeline in congested areas, where rights-of-way are also frequently overflowing with multiple other utilities’ infrastructure.

Optimism Abounds for M&A in the Gulf of Mexico

A comeback is expected for M&A activity in the U.S. Gulf of Mexico. The combination of substantial inventory on the block, potential proof-of-concept developments on the horizon and continued focus by many players in the region on divesting of non-core properties, may set the stage for heightened deal flow in the region, assuming commodity prices continue to cooperate.

EagleClaw Announces Retirement of Co-Founder, CEO Bob Milam

EagleClaw Midstream announced the retirement of CEO Bob Milam and the promotion of Jamie Welch to the company's top spot, following the acquisition and completed integration of Caprock Midstream and Pinnacle Midstream into EagleClaw.

EagleClaw Midstream to Proceed with Delaware Link Pipeline

EagleClaw Midstream said Wednesday it has made a final investment decision to proceed with construction of the Delaware Link pipeline, a new pipeline designed to transport residue natural gas from the Delaware Basin in West Texas to the Waha hub.

Noble Energy Sanctions the Alen Gas Project with Startup Planned in the First Half of 2021

Noble Energy, Inc. announced today that the Company has approved the Alen natural gas development offshore Equatorial Guinea (EG).

NextDecade and Shell Execute 2 MTPA, 20-Year LNG Sale and Purchase Agreement

NextDecade Corporation (“NextDecade”) announced at the LNG2019 conference in Shanghai, a 20-year sale and purchase agreement (“SPA”) with Shell for the supply of two MTPA of LNG from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

Denmark Asks Nord Stream 2 to Assess Third Route Option for Gas Pipeline

The Danish Energy Agency has requested an environmental assessment of a third route option for the Nord Stream 2 gas pipeline in Danish waters, a move that could delay the project to pump Russian gas to Europe.

NextDecade to Make Major Announcement at LNG2019

NextDecade Corporation (NextDecade) will make a major announcement related to its Rio Grande LNG project at LNG2019 in Shanghai, China. The announcement will take place on Tuesday, April 2, 2019 at 11:00 a.m.