Company News
Black Bear Transmission Sells Alabama Gas Gathering Assets
The asset sale consists of more than 240 miles of natural gas pipelines, 26 active metered locations, and 1 active compressor station.
Germany’s Friedrich Vorwerk Plans to Expand in Hydrogen Market
German energy infrastructure firm Friedrich Vorwerk plans an initial public offering (IPO) on the Frankfurt stock exchange in the first quarter to accelerate growth in the hydrogen market, its biggest shareholder said.
Duke Energy Begins Replacing Aging Gas Pipeline
Construction got underway on the 12-mile Central Corridor replacement pipeline designed to run though Hamilton County, Ohio, which is in the southeast corner of the state and contains the city of Cincinnati.
Chevron to Buy Out Noble Midstream in All-Stock $1.32 Billion Deal
Chevron Corp will buy the shares of Noble Midstream Partners LP it does not already own in an all-stock deal that values the pipeline operator at $1.32 billion, a month after making a slightly smaller offer.
Canadian Natural Resources Beats Profit Estimates
Canadian Natural Resources Ltd, Canada's biggest oil producer, beat analysts' estimates for fourth-quarter profit and forecast much stronger cash flow this year, as crude prices staged a steady recovery from pandemic-driven lows.
Ameren Upgrading Natural Gas Pipeline in Illinois
Ameren Illinois customers in Champaign will see energy at work throughout the spring and summer as crews replace vintage steel pipeline and natural gas services with modern, corrosion-resistant polyethylene material.
Max Midstream Launches Open Season on Seahawk Pipeline
Seahawk Pipeline, a subsidiary of Max Midstream, is developing a crude oil pipeline in the Eagle Ford area from its Edna Terminal to the Seahawk Terminal in the Port of Calhoun, Texas, and wants to gauge shipper interest, the company announced.
APA Launches Australia's First Hydrogen-Ready Transmission Pipeline Project
Australia’s APA Group announced a landmark hydrogen pilot project to enable the proposed conversion of 43-kilometers (26.7 miles) of Parmelia Gas Pipeline in Western Australia into Australia’s first 100 percent hydrogen-ready transmission pipeline.
Kinder Morgan and Brookfield Sell Minority Interest in Natural Gas Pipeline Company of America
Kinder Morgan and Brookfield Infrastructure Partners agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America to a fund controlled by ArcLight Capital Partners for $830 million.
Occidental Petroleum Posts Larger Quarterly Loss on Asset Sale
Occidental Petroleum Corp posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an asset sale weighed on results.
Brookfield Launches Hostile Bid to Buy Canada's Inter Pipeline
Brookfield Infrastructure Partners said on Monday it formally launched its hostile bid to buy Inter Pipeline Ltd, weeks after the Canadian oil and gas transportation company rejected its unsolicited offer as inadequate.
Design and Engineering Starting for Oil Search’s Pikka Project in Alaska
Papua New Guinea-based Oil Search announced front-end engineering and design is beginning for phase 1 of its Pikka project on Alaska’s North Slope.
Spain’s Reganosa to Operate Sardinia’s First LNG Terminal
Spain’s Reganosa won a contract to operate and maintain the first liquefied natural gas (LNG) terminal on the Italian island of Sardinia, the company announced.
Inter Pipeline Undecided on Strategic Options after Brookfield Offer
Canada's Inter Pipeline Ltd said no decisions have been made as it initiates a strategic review of its options, a week after rejecting an unsolicited bid from its largest shareholder, Brookfield Infrastructure Partners.
Ford Shuts North American Plants due to Weather, Gas Supply Interruption
Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on Thursday with car manufacturing plants, with Ford saying several of its assembly plants have been shut.
Energy Transfer Upping NGL Investments as Oil Pipeline in Doubt
Energy Transfer LP executives said the company is deepening its investments in natural gas liquids (NGLs) as crude oil pipeline shipments decline and as the company faces the possible closure of its Dakota Access line.
TC Energy Profit Rises 13% on Earnings from U.S. Gas Pipelines
TC Energy Corp reported a 13.4% rise in fourth-quarter comparable profit on Thursday, partly helped by lower operating costs for its U.S. natural gas pipelines.
Energy Transfer to Acquire Enable Midstream for $7 billion
Dallas-based Energy Transfer and Oklahoma City’s Enable Midstream Partners are merging after agreeing that Energy Transfer will acquire Enable for an all-equity $7.2 billion deal.
U.S. Pipeline Operator Energy Transfer to Tap into Alternative Energy
Traditional oil and gas companies are under increasing pressure to invest more in renewable energy and carbon-capture technology to battle climate change.
CorEnergy Acquires Crimson’s California Pipeline Assets
CorEnergy Infrastructure Trust announced the acquisition of Crimson Midstream Holdings, a California Public Utilities Commission regulated crude oil pipeline owner and operator, for consideration valued at approximately $350 million.
Phillips 66 Selects Crux OCM for Pipeline Control Center Operations Pilot
Phillips 66 selected Crux OCM, a pioneer of robotic industrial process automation (RIPA) for oil and gas operations, for a pipeline control center operations pilot.
Companies in the News
Companies The ROSEN Group announced that it has joined the European Clean Hydrogen Alliance, which was launched by the European Commission last July as part of the EU strategies for energy system integration and hydrogen. In a statement, ROSEN said, “As a company committed to helping operators o..
Pipeline Tech Specialist STATS Group Promotes Employees to Senior Executives
Specialist pipeline technology company, STATS Group, has promoted two long-serving employees to senior executive positions.
SITE RG Goes from Strength to Strength in 2020
Despite the tough year of 2020, one Alberta-based integrated services provider business, SITE Resource Group (SITE), continues to thrive.
Tumbleweed Midstream Announces 10-Year Helium Sales Agreement
Colorado’s Tumbleweed Midstream announced it has executed a new 10-year helium sales agreement with a global tier one helium supplier, which will allow Tumbleweed to sell up to 10% of its helium production to third-party buyers.
Edge LNG Announces New Texas Facility
Edge Gathering Virtual Pipelines 2, a pioneer in delivering low-cost, high quality LNG to market by converting stranded and flared natural gas, unveiled its new facility in Midland, Texas, due to growing demand for its services.
Canada’s Pipetel Merges with Intero Integrity Services
Intero Integrity Services, backed by First Reserve, announced announce the completion of a merger with Pipetel Technologies, an innovative service provider to the gas utility industry specializing in robotic inline inspection of challenging pipelines.
Phillips 66 Announces Midstream Growth Along with Fourth Quarter Loss
Phillips 66 announced an adjusted loss of $507 million in the fourth quarter of 2020, compared to an adjusted third-quarter loss of $1 million.
JD Fields and HDM Tubes Building Spiralweld Mill in Texas
JD Fields & Company, a leading U.S. steel products distributor for oil & gas pipeline and civil infrastructure, announced plans for JDF/HDM Spiralweld Mill in Sinton, Texas.
Magellan Midstream, Enterprise Combine to Develop Houston Oil Futures Contract
The midstream infrastructure companies said the project is in response to market interest for a Houston-based index with greater scale and price transparency.
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- ONEOK, MPLX to Build $1.4 Billion LPG Export Terminal, Pipeline in Texas
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
