Company News
Pipeline Company Recognizes April as National Safe Digging Month
Georgia’s Colonial Pipeline is reminding homeowners and contractors that safe digging must remain a priority to protect people and prevent damage to critical utility services.
Aramco Pipeline Investors to Refinance Loan with Bonds Next Year
EIG will lead a yet-unnamed consortium to issue billions of dollars in bonds across two or three transactions to replace bank debt backing an investment in Saudi Aramco’s oil pipeline assets, two sources said.
Companies in the News April 2021
Companies Chevron U.S.A. and Brightmark expanded their joint venture to produce and market renewable natural gas (RNG) from dairy biomethane projects across the United States. Subsidiaries of their RNG joint venture currently own RNG projects in Western New York, Western Michigan, Central Flor..
People in the News April 2021
People Stempien AVANGRID announced the appointment of Catherine S. Stempien to the role of president & CEO of Avangrid Networks, its largest business unit, which serves 3.3 million customers with electric and gas service through eight companies in Maine,..
New Analysis Tool Can Help Solve Gas and Steam Transient Problems in Pipelines
Applied Flow Technology (AFT) says its new AFT xStream analysis software tool can help engineers rigorously evaluate and solve gas and steam transient engineering problems they have only been able to guess at in the past.
Phillips 66 Opts for Pipeline Control Center Operations Pilot
Phillips 66 selected Crux OCM, a system of robotic industrial process automation (RIPA), for an oil and gas operations pilot program. The program will incorporate the company’s pipeBOT, which requires fewer manual commands for control room operations.
Energy Defense Fund Pilots Method to Measure Offshore Emissions
Environmental Defense Fund (EDF) will collaborate with Neptune Energy to test a first-of-its-kind approach for measuring oil and gas methane emissions from offshore oil and gas facilities.
SSE Thermal and Equinor Planning UK Hydrogen and Carbon Capture Projects
The projects would utilize the parallel hydrogen and CO2 pipeline infrastructure being developed by the Zero Carbon Humber (ZCH) partnership – which includes Equinor and SSE Thermal – and offshore CO2 infrastructure.
TC Energy Seeking Renewable Energy to Power Pipelines
TC Energy Corporation is seeking to identify potential contract and/or investment opportunities in wind energy projects that could generate up to 2,500,000 megawatt hours per year or 620 megawatts of zero-carbon energy to meet the electricity needs for a portion of its pipeline assets along its U.S. corridor.
Aramco Agrees to $12.4 billion Deal to Sell Stake in Pipelines
Saudi oil producer Aramco has agreed a $12.4 billion deal to sell a 49% stake in its pipelines to a consortium led by U.S.-based EIG Global Energy Partners.
VVC Exploration Expanding Helium Portfolio, Acquires Gas Property in Kansas
The Monarch Lease is a 1,720-acre property in the Byerly Field in Greely County, Kansas. It includes six formerly producing gas wells connected to the Tumbleweed Midstream pipeline.
What's New April 2021
Updates from Sensirion, Ralston, Cortec, Weldcote, AIO and BPS are included in this month's What's New.
Archaea Energy, Aria Energy Combine to Form RNG Development, Advancement Company
The business combination with Archaea and Aria, one of the largest companies in the North American landfill gas (LFG) sector, will create a significant U.S. RNG platform.
Canadian Pipeline Companies See Natgas Opportunities in Shift to Green Energy
Natural gas and liquids will continue to play a prominent role in the energy economy for decades to come, one executive said, even as a transition to cleaner energy evolves.
Phillips 66 Warns U.S. Winter Storm Pushing First-quarter Loss Past Forecast
U.S. refiner Phillips 66 on Monday predicted that its first-quarter loss would be larger than expected, citing the severe winter cold snap that battered its U.S. Gulf Coast petrochemical operations.
Exxon Sues Energy Transfer Over Charges From Pipeline Dispute
Exxon Mobil Corp’s XTO Energy shale unit filed a breach of contract lawsuit against Energy Transfer LP over disputed payments for the Dakota Access Pipeline, according to a Texas state court filing.
Canada’s Inter Pipeline Gets $325 million Grant for Petrochemical Plant
Canada's Inter Pipeline Ltd, which is fighting a hostile takeover bid by Brookfield Infrastructure Partners, will receive a C$408 million ($325.15 million) grant from the Alberta government in support of its Heartland Petrochemical Complex.
Midcoast Energy Completes CJ Express Pipeline Expansion
Texas-based Midcoast Energy completed its CJ Express pipeline expansion project, and it is now in service, the subsidiary announced.
ABB Leak Detection, Greenhouse Gas Measuring System Can Help Satisfy PIPES Act
HoverGuard can help operators of USA’s three million miles of pipeline infrastructure increase their safety and environmental capabilities in line with the USA 2020 PIPES Act, the company announced.
Industry Group Says Biden’s Infrastructure Plan Misses Opportunity for Pipelines
U.S. President Joe Biden plans to pay for his $2 trillion infrastructure plan with higher corporate taxes, which is facing criticism from Republicans and industry support groups including the American Petroleum Institute who say it will kill jobs.
Russia's Transneft Posts 26% Fall in 2020 Net Profit
Russian oil pipeline monopoly Transneft's net profit fell by 26% last year to 133.2 billion roubles ($1.8 billion) as lower volumes of oil were transported amid global production cuts and the COVID-19 pandemic.
Annova Cancels Texas LNG Export Facility Project
Annova LNG announced the immediate cancellation of its liquified natural gas (LNG) export facility under development in Brownsville, Texas, due to changes in the global LNG market.
INEOS Energy to Sell Norwegian Oil and Gas Business to PGNiG for $615 million
INEOS Energy has agreed to sell its Norwegian oil and gas business to Poland's PGNiG Upstream Norway AS for $615 million.
Saudi Aramco Sends Request for Pipeline Deal Financing
Saudi Aramco has sent a request for proposals to banks for financing it wants to offer to investors looking to lease its pipelines, three sources said, a sign the oil giant is progressing with plans to extract value from its assets.
Top U.S. Gas Utility Sets Net Zero Emissions Goal for 2045
Southern California Gas Co, the largest U.S. gas distribution utility, set a target to achieve net zero greenhouse gas emissions by 2045, aligning with the state's target to become carbon-neutral within 25 years.
Lucid Energy Commissions Cryogenic Processing Plant in the Delaware Basin
The Red Hills V plant has the capacity to process 230 million cubic feet of natural gas per day (MMcf/d) and brings the total capacity of Lucid’s natural gas processing franchise in the northern Delaware Basin to 1.2 billion cubic feet per day.
Baker Hughes Flexible Pipe Technology Should Overcome Challenges of Pre-Salt Subsea Developments
Baker Hughes reached a significant technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments.
Friedrich Vorwerk’s Energy Expertise Could Attract Investors
German energy infrastructure company Friedrich Vorwerk is guiding investors to expect its initial public offering (IPO) to price at 45-48 euros ($53.55-$57.12) per share, one of the bookrunners organizing the deal said on Monday.
Peak Utility Services Acquires Superior Pipeline Services
Peak Utility Services Group announced the acquisition of Superior Pipeline Services (SPS), a leading natural gas utility services contractor in Texas.
Enbridge Asks Canada for Support of Oil Pipeline in Dispute with Michigan
Enbridge Inc asked the Canadian government to champion its Line 5 oil pipeline in a legal battle with the state of Michigan, which is trying to shut down the pipeline over concerns it could leak into the Great Lakes.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- 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
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
