Business & Markets
Glencore, Qatari Fund Buy 19.5 % in Russia’s Rosneft
MOSCOW (AP) — Commodities giant Glencore and Qatar’s sovereign wealth fund have together acquired a 19.5 percent stake in Russia’s top state-controlled oil company, Rosneft, in a deal worth 10.5 billion euros ($11.3 billion), officials said Wednesday. The long-planned sale is part of the Russian go..
Medallion Midstream to Construct Southern Delaware Basin Crude Oil Pipeline
Medallion Midstream awarded contract for oil pipeline construction project in the Delaware Basin.
Sabal Trail Pipeline Construction Underway
Work underway on the Sabal Trail Pipeline construction project in Alabama.
Oil Industry Urges Trump to Approve Dakota Access Pipeline
The American Petroleum Institute and the MAIN Coalition want president-elect Donald Trump to approve the Dakota Access Pipeline construction project.
New England Natural Gas Pipeline Capacity Increases for First Time Since 2010
Pipeline construction projects help New England increase its natural gas pipeline capacity for the first time since 2010.
African Countries Agree to Build Gas Pipeline
Morocco and Nigeria agree to join forces on gas pipeline construction project.
Companies Respond to Corps' Pipeline Easement Denial
Companies issue statement claiming easement denial for the Dakota Access Pipeline construction project is a political move.
Army Corps of Engineers Denies Pipeline Easement
The U.S. Army Corps of Engineers will not grant an easement for the Dakota Access Pipeline construction project in southern North Dakota.
Dominion Midstream Partners Completes Acquisition of Questar Pipeline
Dominion Midstream Partners closed on the transaction to acquire Questar Pipeline, LLC, from Dominion Resourcesfor $1.725 billion. As part of the transaction, Dominion Midstream paid $823 million in cash to Dominion, issued $167 million of common units and $300 million of convertible preferred units..
Intertek to Provide Inspection and Expediting Services for Nord Stream 2
Intertek awarded inspection and expediting framework agreement for the Nord Stream 2 Pipeline construction project.
Open Season Set for San Andres Crude Gathering System in Permian Basin
Open season launched for the San Andres Crude Gathering System.
IEEE, FERC Align Efforts on Energy Infrastructure, Market Challenges
The Institute of Electrical and Electronics Engineers (IEEE) and its Power & Energy Society (PES) entered into a memorandum of understanding (MOU) with the Federal Energy Regulatory Commission (FERC) to address energy infrastructure and related market challenges created by recent significant changes..
Fulcrum Awarded Contract for Gas Pipeline Construction Project
Fulcrum Utility Services Limited awarded contract for gas pipeline construction project in the UK.
Prince Rupert Gas Transmission Signs Agreement with Gitxsan Hereditary Chiefs
TransCanada's Prince Rupert Gas Transmission pipeline construction project reaches agreement with 12 hereditary chiefs of the Gitxsan Nation.
New U.S. Border-Crossing Pipelines Bring Shale Gas to More Regions in Mexico
U.S. pipeline capacity for natural gas exports to Mexico has rapidly expanded in the past few years and currently stands at 7.3 billion cubic feet per day (Bcf/d). This existing cross-border capacity primarily supplies the Northeast and Central regions of Mexico. New capacity projected to be complet..
NEXUS Gas Transmission Project Approved
FERC gives green light to the NEXUS Gas Transmission Pipeline construction project.
OPEC Agrees to Oil Supply Cuts for First Time in Eight Years
VIENNA (AP) — OPEC has agreed to cut its oil production for the first time in eight years in an effort to boost crude prices. The cartel will cut 1.2 million barrels a day from its present output after its 14 members put aside differences at a meeting Wednesday to agree on individual production lev..
North Dakota Borrows $7M More for Pipeline Protest Costs
North Dakota to borrow an additional $7 million to cover law enforcement costs for protests of the Dakota Access Pipeline construction project.
Port Arthur LNG Files Federal Application To Construct Liquefaction, Export Facilities
Port Arthur LNG files application for natural gas pipeline construction project.
Honeywell Awarded Contract for TANAP
Honeywell Process Solutions to provide an integrated control and safety system for the Trans-Anatolian Natural Gas Pipeline construction project.
Canada Approves 2 Pipeline Projects, Rejects Another
Canada gives green light to two pipeline construction projects, but rejects another.
Trump Rollback Of Obama Climate Agenda May Prove Challenging
WASHINGTON (AP) — Once sworn into office, Donald Trump will be in a strong position to dismantle some of President Barack Obama’s efforts to reduce planet-warming carbon emissions. But experts say delivering on campaign pledges to abolish the Environmental Protection Agency and bring back tens of th..
Piedmont Natural Gas Wants to Build New Pipeline Beneath North Carolina River
Piedmont Natural Gas hopes to receive approval for natural gas pipeline construction project beneath the Cape Fear River.
GE Oil & Gas invests $25 million in Tellurian’s Driftwood LNG Project
GE Oil & Gas has made a $25 million preferred equity investment in Tellurian Investments Inc., which has an implied Tellurian Investment Inc. Common Stock value of $5.94 per share. Tellurian President and CEO Meg Gentle said, “This investment represents another step forward in the development..
Dakota Access Pipeline Protesters Told to Leave by Dec. 5
The U.S. Army Corps of Engineers has ordered protesters of the Dakota Access Pipeline construction project to leave by Dec. 5.
MDU Resources Subsidiary to Sell Its Share of ND Natural Gas Processing Plant
WBI Energy Midstream, an indirect, wholly owned subsidiary of MDU Resources Group, has agreed to sell 50% of its non-operating ownership interest in the Pronghorn natural gas processing plant near Belfield, ND. WBI Energy Midstream co-owns the plant and associated natural gas and oil-gathering pipe..
Obama’s Last Regulations To Impact Oil, Gas and Mining
The recent U.S. election has been one of the biggest news items the world over this month. And the change of presidents is also having some important effects on the natural resources business the past few weeks. As part of his last weeks in office, outgoing President Barack Obama has implemented a ..
60 Percent Of Russian Gas Pipelines Outdated, Expert Says
A total of 60 percent of all gas pipelines operating in Russia are between 40 and 50 years old, a manager at a Russian gas equipment repair company has said, flagging concerns over the deterioration of the gas infrastructure in the country. The problem with the too old gas pipelines must be solved ..
Pipeline Protest Policing Costs Surpass Emergency Spending
The cost to police protests of the Dakota Access Pipeline construction project exceed the amount of emergency spending authorized by the state.
New Infrastructure Aims to Increase Takeaway Capacity of Natural Gas from Utica Region
Completing new pipeline construction projects would help increase the capacity to transport natural gas from the Utica Shale.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
