Company News

EnLink Midstream Founder Returns as CEO after Q2 Loss

EnLink Midstream’s executive chairman, Barry E. Davis, who led the company as CEO from its founding in 2014 to 2018, has resumed his role of CEO. The company announced its management change as it reported a net loss for the second quarter of 2019.

Oryx Secures $550 Million Investment From Qatar Investment Authority

Oryx Midstream Services (Oryx), the largest privately-held midstream crude operator in the Permian Basin, has announced that an affiliate of Qatar Investment Authority (QIA) has acquired a significant stake in Oryx from an affiliate of Stonepeak Infrastructure Partners (Stonepeak).

Caliber Midstream Acquires North Dakota Assets from American Midstream Partners

Caliber Midstream Holdings has acquired the North Dakota assets previously owned by American Midstream Partners.

Enbridge Kentucky Gas Pipeline to Remain Shut for at Least A Week

Canadian energy company Enbridge Inc said the section of its Texas Eastern pipeline in Kentucky that exploded on Thursday, killing one person, will remain shut through at least Aug. 12.

Black Bear Midstream Announces New L.A. Gas Agreement, Hints Further Expansion

Black Bear Midstream, a portfolio company of funds managed by Oaktree Capital Management, announced it has entered into a seven year gas gathering and processing agreement with a Cotton Valley producer in Desoto and Caddo Parishes, LA.

France's Total Sells Interest in Pipeline Network

Total has signed an agreement to sell a 30% interest in Société des Transports Pétroliers par Pipelines (Trapil) to Pisto SAS for €260 million (about $290 million).

Plains Adds Cactus II Surcharge to Offset Steel Tariffs

Plains All American Pipeline LP said on Friday it will tack on a fee for users of a new oil pipeline to pay for the cost of the Trump administration's tariffs on imported steel, with analysts and traders calling it the first U.S. energy pipeline operator to do so.

Enbridge Texas Eastern Pipeline Remains Shut after Kentucky Blast

Canadian energy company Enbridge Inc said the section of its Texas Eastern pipe damaged in a fatal explosion Thursday remained shut while the company works with federal and state officials to investigate the incident.

Enbridge Solicits Bids for Mainline Pipeline

Enbridge said on Friday it would invite bids for contracted space on its Mainline system, as shippers compete to move oil on the country’s congested pipeline networks.

UGI Completes $1.28B Columbia Midstream Acquisition

Energy distributor UGI Corporation said its Energy Services subsidiary has completed an acquisition of equity interests of Columbia Midstream Group from TC Energy for $1.275 billion.

Magellan Midstream CEO Sees New Texas Pipelines Cutting Spot Shipments After 3rd Qtr

Pipeline operator Magellan Midstream Partners LP expects new pipelines to ease a crude oil bottleneck in the Permian basin and squeeze the price differential between Midland, Texas, and Houston, cutting spot shipments on two of its Texas pipelines, Chief Executive Officer Mike Mears said on Thursday.

Concho Resources, Solaris Water Midstream Form Produced Water Management JV in Delaware Basin

Concho Resources Inc. and Solaris Water Midstream have announced the formation of a strategic joint venture focused on optimizing produced water logistics at scale in the Northern Delaware Basin.

U.S. Court Lifts Order Blocking Keystone XL Pipeline Work

TC Energy Corp's long-delayed Keystone XL oil pipeline took a small step forward this week, after a U.S. court overturned an injunction that barred certain work on the project, the company said.

Williams Seeks FERC Approval for Marcellus & Utica Takeaway Expansion

Williams has announced that its Transco interstate pipeline has filed an application with FERC seeking authorization for its Leidy South project, which is proposed to carry natural gas from the Marcellus and Utica plays to the East Coast.

Plains to Allocate Unused Cactus II Space to Committed Shippers

Plains All American LP said on Wednesday it would allocate unused space on its Cactus II crude pipeline to committed shippers if spot shipments fall below the 10% of capacity set aside for those shipments.

Altus Midstream Acquires Stake in Enterprise’s Shin Oak Pipeline

Altus Midstream has acquired a 33% interest in the Enterprise’s Shin Oak NGL pipeline, effective today.

First Cargo of U.S. LNG Under PSNiG, Cheniere Long-Term Agreement Arrives in Poland

The first cargo of liquified natural gas under the long-term contract between Poland’s state-owned natural gas company, PGNiG, and U.S. LNG provider Cheniere Energy arrived today at the President Lech Kaczyński LNG Terminal in Świnoujście.

Anadarko Values Western Gas Partners Stake at $8.4 Billion

Anadarko Petroleum released new financial details of its proposed combination with Occidental Petroleum that estimate the value of its share of midstream company Western Gas Partners LP at $8.4 billion.

EPIC Midstream New CEO Targets Year End for U.S. Crude Export Operations

EPIC Midstream Holdings LP has begun filling a new 400,000 bpd oil pipeline that stretches from the Permian Basin to the U.S. Gulf Coast.

Oil Storage Pools Set Ablaze in Colombia During Pipeline Repairs

Colombia's state-run oil company Ecopetrol said intruders deliberately set fire to crude oil retention pools it was using for storage during repairs to its bomb-damaged Caño Limón-Coveñas pipeline.

CNOOC Halts Work at Uganda Project Due to Ebola Outbreak

Oil producer China National Offshore Oil Corp said it has halted field work at its western Uganda project over an Ebola scare and would resume operations only after getting the green light from the health ministry.

Tellurian Finds Strong Demand for Permian Global Access Project

An open season for Tellurian's Permian Global Access Pipeline drew strong demand from West Texas natural gas producers seeking delivery to the Lake Charles, La., area, site of the company's planned Driftwood LNG export facility.

Enbridge Open to Rerouting Line 5 Around Wisconsin Reservation

Enbridge Inc. says it's willing to consider rerouting a major oil pipeline around the Bad River Reservation in northern Wisconsin.

Williams Begins Service on Deepwater Gulf Gathering Pipeline System

Williams announced today that it has acquired and placed into service the 16-inch Norphlet deepwater gathering pipeline system constructed by Shell, operator, and CNOOC Petroleum Offshore extending 54 miles from the Shell-operated Appomattox Floating Production System in 7,400-feet of water to the Transco Main Pass 261A junction platform, located approximately 60 miles south of Mobile, Alabama.

TC Energy Funding ‘Pipeline Academy’ at Louisiana Technical College

A Louisiana technical college has received a $1 million donation from TC Energy to enable students to gain hands-on pipeline experience at its new “pipeline academy.”

PUC Asks Minnesota Supreme Court to Deny Line 3 Challenges

Minnesota regulators have urged the state Supreme Court to deny challenges by opponents of Enbridge Energy’s proposed Line 3 oil pipeline replacement who say the project’s environmental review was flawed.

UK Supreme Court to Hear Nigerians' Case for Pursuing Shell Pipeline Spill Claim in England

The Supreme Court in London will hear an appeal by Nigerian farmers and fishermen to pursue claims in England against oil major Shell over oil spills in the Niger Delta, lawyers for the two affected communities said on Wednesday.

Transneft Sets Cap on Compensation for Pipeline Contamination

Russian oil pipeline monopoly Transneft on Wednesday set a cap of $15 per barrel for compensation stemming from contamination in its network.

Kinder Morgan Moves Closer to Construction of Third Permian Pipeline

Kinder Morgan is in discussions with customers about a third major Permian Basin natural gas pipeline, Permian Pass, which would deliver 2 Bcf/d of natural gas from Waha Hub to the Sabine area of the East Texas-Louisiana Gulf Coast.

Equitrans Midstream Appoints Diana M. Charletta as President

Equitrans Midstream has announced the appointment of Diana M. Charletta as president of Equitrans Midstream Corporation and of EQM Midstream Partners.