Company News

Norway's Equinor Eyes Natural Gas Infrastructure in Brazil

Norway's Equinor is actively looking to install new natural gas infrastructure on the coast of Brazil to help facilitate the large amounts of gas being produced in the country.

EQM Delays Mountain Valley, Raises Costs Again

EQM Midstream has once again delayed the timeline and raised the cost for its Mountain Valley Pipeline project.

Ares Sells Interest in Meade Pipeline to NextEra Energy Partners

Ares Management is selling its 22.5% ownership in Meade Pipeline Company which includes a portion of the Central Penn Line for $286 million.

FERC Issues Commonwealth LNG’s Notice of Schedule for Environmental Review

FERC has issued a Notice of Schedule for Environmental Review for the Commonwealth LNG project.

Equinor to Ship First Sverdrup Oil Cargo to China

Equinor is planning to ship its first cargo of crude from Norway's giant Johan Sverdrup field to China this week.

Ecuador State Oil Firm Reopens Oil Pipeline, Resumes Exports After Protests

Ecuador's state oil company has resumed shipping on a major oil pipeline after government protests forced it to declare a force majeure earlier this month.

Corps: No More Dakota Access Pipeline Study Needed

The Army Corps of Engineers has determined that no further environmental study is needed on the Dakota Access Pipeline.

First Part of TurkStream Filled With Gas

Russia's Gazprom has begun filling the first part of the undersea TurkStream pipeline with gas, the pipeline operator said on Friday.

DTE Energy to Buy Natural Gas Gathering System, Pipeline for $2.25 billion

- DTE Energy’s midstream business said on Friday it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale for $2.25 billion in cash.

Basalt to Acquire Natural Gas Transmission Business from Third Coast Midstream

A fund managed by Basalt Infrastructure Partners (“Basalt”) has announced it has entered into a definitive agreement to acquire Third Coast Midstream LLC’s natural gas transmission business (the “Natural Gas Transmission Business”).

Gas Futures Rise on Permian Highway Delay

U.S. natural gas futures for the winter of 2020-2021 gained the most of any contracts on Thursday after Kinder Morgan delayed the projected in service date for its $2 billion Permian Highway gas pipe in Texas to early 2021.

Woodside Targets FIDs on Browse, Scarborough Gas Projects

Australia's Woodside Petroleum has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project. Combined, the projects would require construction of 826 miles of subsea pipeline

TC Declares Force Majeure on Keystone Shipments after Storm

TC Energy Corp has declared force majeure on shipments on its 590,000-barrel-per-day (bpd) Keystone oil pipeline after a snow storm hit Manitoba over the weekend, disrupting operations.

Kinder Morgan Reports 'Momentous' Third Quarter

Kinder Morgan reported what CEO Steve Kean described as a "momentous" third quarter Wednesday as the company achieved a 13% increase in natural gas transport volumes and the completion of major pipeline and LNG projects in the period ended Sept. 30.

Phillips 66 Sets Rates for Gray Oak Crude Pipeline

— Phillips 66 Partners LP set spot rates of $4.75 a barrel to ship crude on its new 900,000-barrel-per-day (bpd) Gray Oak crude pipeline within points in Texas, according to a filing this week.

Rangeland Midstream Canada Begins Construction of Marten Hills Pipeline System

Rangeland Midstream Canada has commenced the construction of its Marten Hills Pipeline System.

ARB Midstream Announces Start-up of DJ Basin Crude Oil Gathering System

ARB Midstream subsidiary DJ South Gathering announced a key expansion of its fast-growing crude oil gathering and transportation system in the DJ Basin in northeastern Colorado.

Michels Corporation

Michels Corporation said it is celebrating its 60th anniversary by dedicating the year to the people, projects and values that have helped the company grow from a regional gas distribution contractor into one of the largest utility and transportation contractors in North America.  ..

Honeywell

Honeywell announced that PetroChina Guangdong Petrochemical Company will adopt advanced heavy oil processing technology from Honeywell UOP for its new, integrated petrochemical complex in China. The facility will have an annual crude processing capacity of 20 million tons, helping to meet a national..

Gate Energy

Houston-based Gate Energy announced the opening of its new Singapore office, marking its first permanent location outside of the United States.  Since opening its first office in 2000, the oil and gas engineering, commissioning and specialty field services company has grown to more than 400 employee..

Pipeline Equipment

Pipeline Equipment is the largest manufacturer in Oklahoma named to the annual Inc. 5000 list, with three-year revenue growth of 78%. The Tulsa-based company had revenues of $37.2 million, according to the listing of independent small businesses. P&GJ..

MVP Holdings

Wichita, Kansas-based energy logistics company MVP Holdings announced the opening of a Houston office to serve its growing customer base in the Permian Basin and South Texas. Industry veterans Clay Buford and Jamie George have joined MVP as senior directors of Crude Oil Marketing and will work out o..

Genscape

Real-time data and intelligence provider Genscape will become part of consultant Wood Mackenzie following a $364 million cash acquisition by WoodMac parent Verisk. Founded in 1999, Genscape has grown to become the world’s largest private network of in-field monitors. It distributes alternative energ..

Tube Tech International Launches Next-Generation Cleaning Robot

Tube Tech International Ltd. (TTIL) launched its next-generation cleaning robot, which the company said is capable of eradicating more than 90% of heat exchanger fouling.

LM Energy Completes Phase I of Touchdown System

LM Energy Holdings said it has completed first phase of its Touchdown Crude Oil Gathering System in the northern Delaware Basin and will begin transporting crude oil shortly for contracted customers in Eddy County, N.M.

Trans Mountain Restarts Construction on Pipeline Expansion

Trans Mountain Corp restarted construction on parts of its pipeline to nearly triple the flow of crude from Alberta’s oil sands to the British Columbia coast roughly a year after the project’s latest regulatory setback.

Tellurian Files for FERC Review of Permian Global Access Pipeline

Tellurian has asked the Federal Energy Regulatory Commission (FERC) to initiate a review of its proposed Permian Global Access Pipeline (PGAP) following an oversubscribed open season for the 625-mile natural gas project from West Texas to Southeast Louisiana’s growing LNG export market.

BP to Quit Alaska after 60 Years with $5.6 Billion Sell-Off

BP said it will sell all its Alaskan properties to Hilcorp Energy in a $5.6 billion agreement and exit the region where it has operated for 60 years.

In a Twist, LNG Takes NatGas Market Share in Europe

Europe’s two biggest suppliers of pipeline gas lost market share for the first time in at least four years as LNG imports into the region tripled between October and August.

Nice Try, But No Surcharge

After striking out on its U.S. Commerce Department request for exemption from steel tariffs, Plains All American tried a new approach this year – and promptly whiffed again.