Company News

Brazos Midstream Announces New Gathering System With Pipeline

Brazos Midstream today announced it has executed gathering and processing agreements with Shell Exploration & Production to construct a new natural gas gathering system located in the core of the Delaware Basin.

ExxonMobil to Expand Infrastructure for Growing Argentina Production

ExxonMobil announced it will proceed with a long-term oil development in Argentina's Vaca Muerta shale, including the construction of pipeline and export infrastructure to support an expected 55,000 oil-equivalent bpd by 2024.

$1.6 Billion Liberty Pipeline Construction to Proceed Under Phillips 66, Bridger JV

Phillips 66 and Bridger Pipeline announced that they are proceeding with construction of the $1.6 billion Liberty Pipeline from the Rockies and Bakken production areas to Cushing, Okla.

Brazil Supreme Court Approves Sale of Petrobas Pipeline Unit

Brazil's Supreme Court ruled on Thursday that state-run firms do not need congressional approval to sell their subsidiaries, a major victory for the government of President Jair Bolsonaro and state-run oil firm Petrobras.

Talks Fall Through Over Shearwater Oil Field

BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said.

Final Investment Decision Reached for Whistler Pipeline

MPLX LP, WhiteWater Midstream backed by First Infrastructure Capital, and a joint venture between Stonepeak Infrastructure Partners and West Texas Gas, Inc. have reached a final investment decision to move forward with the design and construction of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers.

JP Services Announces Launch of Water Management Division

JPH Holdings, LLC (JP Services), a full turnkey pipeline integrity solutions company, is pleased to announce the launch of its new Water Management Division to service pipeline owners and operators.

Minnesota Court Rejects Environmental Assessment for Enbridge Line 3 Pipeline

A Minnesota court ruled on Monday that Enbridge Inc.'s environmental impact statement for replacement of its Line 3 oil pipeline is inadequate, raising the possibility of further delays.

Cheniere to Build Louisiana Sabine Pass 6 LNG Export Train

U.S. LNG company Cheniere Energy said on Monday it will build the sixth liquefaction train at its Sabine Pass LNG export terminal in Louisiana.

Gazprom Reports 44% Jump in Q1 Profit

Gazprom reported a 44% jump in first-quarter net income to 536 billion roubles ($8.3 billion), boosted by higher gas sales volumes and prices, and promised to increase dividends in coming years.

Sentinel Midstream Submits License Application for Deepwater Crude Oil Export Facility

Sentinel Midstream, LLC, through its subsidiary Texas GulfLink, LLC, today announced that on May 30, it submitted a license application with the U.S. Maritime Administration (MARAD) to construct and operate a deepwater crude oil export facility.

Oryx Extends Open Season On Regional Transportation System

Oryx Extends Open Season On Regional Transportation System

McDermott Announces First Cargo from Cameron LNG Train 1

McDermott International announced that the first cargo of liquefied natural gas (LNG) has been shipped from the Cameron LNG project in Hackberry, La., marking a key step and precursor to completion of Train 1. The latest development follows the announcement of first liquid from Cameron LNG Train 1 on May 14.

Enbridge Reaffirms Commitment to Line 5 Tunnel

Enbridge Inc. says it's setting a firm deadline for completing a proposed oil pipeline tunnel beneath a key Great Lakes channel.

MPLX to Restart Ozark Crude Pipeline After Damaging Storms

U.S. oil and gas pipeline operator MPLX LP said on Wednesday it will restart early on Thursday its Ozark pipeline, a conduit for crude from the Cushing, Oklahoma, storage area to refineries in the Midwest.

Michigan AG Vows to Shutdown Line 5 in 30 Days if Talks Fail

Michigan Attorney General Dana Nessel says she will move next month to decommission the Great Lakes oil pipeline if the state’s governor cannot resolve the issue with operator Enbridge.

Company Receives Federal Permit for Alaskan Pipeline Project

A company seeking to develop a large oil project on Alaska’s North Slope has won a key federal permit.

Water Solutions Company Paying Big for West Texas Ranch

A water solutions company out of Forth Worth, TX is ready to spend $450 million for water underneath a West Texas ranch.

Enterprise to Extend Ethylene Pipeline Network With New 90-Mile Pipeline

Enterprise announced today it is extending its ethylene pipeline and logistics system by adding a new 90-mile pipeline across South Texas.

Kinder Morgan Announces Binding Open Season on SFPP

Kinder Morgan, Inc. today announced the start of a binding open season to solicit commitments for an expansion of a portion of its SFPP system.

Pipeline Opponents Challenge Louisiana Law Targeting Protesters

Environmental groups and demonstrators arrested near an Energy Transfer LP crude pipeline filed a lawsuit on Wednesday challenging a 2018 Louisiana state law that made trespassing near oil and gas pipelines a criminal offense.

Saudi Aramco Inks 20-year Deal with Sempra for LNG Supply

Saudi Aramco signed a 20-year agreement to buy LNG from a forthcoming export terminal in Texas that U.S.-based Sempra Energy is developing, the two companies said on Wednesday.

National Grid Halts New Gas Service Until Williams Pipeline Approved

National Grid said it will not process new applications for natural gas service in its New York City and Long Island service areas until Williams' Northeast Supply Enhancement (NESE) pipeline receives the permits it needs to proceed.

NextDecade Mourns Death of Founder, Chairman Kathleen Eisbrenner

Kathleen Eisbrenner, founder and chairman of the board of Houston-based LNG company NextDecade, died May 9. She was 58 years old.

Buckeye Partners to be Acquired for $10.3 Billion

Buckeye Partners, which owns and operates one of the largest diversified networks of integrated midstream assets in North America, has agreed to be aquired by IFM Investors in an all-cash transaction with an enterprise value of $10.3 billion.

Potential Permitting Delays Could Raise Line 3 Costs

Enbridge Inc, Canada's largest pipeline operator, said on Friday there is a risk its Line 3 replacement project could exceed its previous cost estimate of C$9 billion ($6.71 billion) because of delays to permits in the United States.

Blast Injures 14 on Saipem-Operated Ship in Caspian Sea

An explosion occurred Wednesday evening on the vessel “Israfil Huseynov” operated by Saipem for pipelaying in the Caspian Sea in the framework of the Shah Deniz II project.

Petrobras To Sell Minority Stakes in Gas Pipelines

In line with the government’s proposal to reduce the state monopoly in the gas sector, Petrobras decided to put up for sale the remaining stake in the country’s two main gas pipelines, whose control was recently transferred to private partners.

Howard Energy Plans New Gathering System in STACK Play

Howard Energy Partners announced yesterday that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the over-pressured area of the prolific STACK play. HEP’s new midstream infrastructure will be anchored by fee-based, long-term acreage dedications totaling approximately 10,000 acres in Dewey and Custer counties in central Oklahoma.

Siemens Spins Off Gas and Power Division

Siemens is spinning off its gas and power business, which has dragged on the German engineering firm's performance as the rise of renewable power hits demand for gas turbines.