Company News

Pipeline Operator DCP Midstream Receives Acquisition Proposal from Phillips 66

U.S. refiner Phillips 66 on Wednesday offered to acquire the public units of DCP Midstream in a deal that would value the pipeline operator at $7.2 billion and bulk up Phillips' natural gas liquids business.

Pipeline Operator Energy Transfer Completes Sale of Stake in Energy Transfer Canada

Energy Transfer LP has completed the sale of its 51% interest in Energy Transfer Canada ULC (Energy Transfer Canada) on Tuesday to a joint venture which includes Pembina Pipeline Corporation and global infrastructure funds managed by KKR.

2022 Pipeline & Gas Journal Awards Finalists Announced

Pipeline & Gas Journal Awards judges have narrowed down nominations and are happy to announce the finalists for its annual event in November, which honors the midstream sector’s leading innovations and outstanding personal contributions to the industry.

Canada’s Trans Mountain Names Dawn Farrell as President, CEO

Canadian pipeline operator Trans Mountain Corp. has named Dawn Farrell, former top boss of electricity firm TransAlta Corp., as its CEO and president on Wednesday.

Artera Reveals Plans to Merge Otis Eastern and Minnesota Limited

Artera Services, one of the nation’s industry-leading providers of integrated infrastructure services to the natural gas industry, announced its plan to merge Otis Eastern Service, and Minnesota Limited, to form Otis Minnesota Services LLC.

Shell USA, Shell Midstream Partners to Merge in $1.96 Billion Deal

Shell USA Inc. has agreed to merge with Shell Midstream Partners LP in a deal valued at $1.96 billion, the company said on Monday.

Companies in the News July 2022

Companies in the News July 2022

Pipeline & Gas Journal Accepting Nominations for Annual P&GJ Awards

Pipeline & Gas Journal is accepting nominations for its annual Pipeline & Gas Journal Awards, which will honor the midstream energy segment’s leading innovations and outstanding personal contributions to the industry.

Pipeline Technique to Acquire Stanley Oil & Gas

Pipeline Technique has agreed to acquire the oil and gas division of Stanley Black & Decker, which includes CRC-Evans, Pipeline Induction Heat, and Stanley Inspection.

EnLink Midstream Founder, CEO Barry Davis to Retire

EnLink Midstream Chairman and CEO Barry E. Davis will retire from EnLink, the company he led the founding of, after more than 25 years of leadership, the company announced in a statement.

Aramco Americas Named as Host Sponsor for Carbon Intel Forum

Gulf Energy Information, producer of the Carbon Intel Forum, is pleased to announce that Aramco Americas will be Host Sponsor for the 2022 event to take place September 28 – 29 in Houston, Texas.

Shale Gas Producer Chesapeake Energy Aims to Expand Push into LNG

Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas adviser, according to a job listing, as it seeks to expand into the fast-growing export market.

Companies in the News June 2022

Sugar Land, Texas-based Rangeland Energy announced that it has secured a $300 million growth equity commitment from EnCap Flatrock Midstream to support the formation of a new entity, Rangeland Energy IV, which will pursue midstream acquisitions and development opportunities.

Companies in the News May 2022

DEKOTEC GmbH, Corrosion Resistant Alloys and AMECO.

What's New May 2022

Emerson, RegO, Sick, Dekotec, Esco Tool and Polygon.

What's New April 2022

News from Vermeer, NDT Global, Sensirion, Fine Tubes, NevadaNano and Ralston.

Advanced Cameras Measure Infrared Absorption from Methane

With ESG (environmental, social, governance) being today’s hot three-letter acronym, the industry is clearly focused on re-establishing itself as a clean-capable energy provider.

Companies in the News March 2022

Companies Pipeline engineering software developer Technical Toolboxes has been acquired by HKW, a private equity firm. The deal will provide the company with the resources it needs to grow, said CEO Drew Lafleur. Technical Toolboxes has provided software to support midstream engineering needs for..

What's New March 2022

News from OleumTech, Honeywell, NDT Global, Dynatrol, Antaira and Denso.

Magnetics Delivers Filtration for a Gas Receiving Station Application

Eclipse Magnetics Oil and Gas Division (Eclipse) has designed and delivered a bespoke magnetic separator to an international operating company for use within a gas pipeline pig receiver in North Africa.

BP Dumping Stake in Russia's Rosneft in Up to $25 Billion Hit

BP is abandoning its stake in Russian oil giant Rosneft, marking the most significant move yet by a Western company in response to Moscow's invasion of Ukraine.

Equitrans Nixes Summer Start of Mountain Valley Pipeline

Equitrans Midstream on Wednesday announced that it is no longer targeting a summer 2022 startup of its long-delayed Mountain Valley Pipeline (MVP) and is not yet able to provide an update on the project's in-service timing or overall cost.

Companies in the News February 2022

Companies   KTN Becomes Full Member of ROSEN Group   KTN AS, which has worked closely over the past five years with the ROSEN Group to provide in-line inspection (ILI) services for challenging pipelines, has become a full member of the ROSEN Group to provide its portfolio of services under the ROS..

What's New February 2022

News from Sensirion, Polygon, Rockwell, Trimble, RegO and Antaira.

Polyethylene Pipe Proves Capable in High-Temperature Saltwater Disposal

Performance Pipe’s PlatinumStripe 1800 Series Pipe was recently utilized to convey water from wells to a saltwater disposal facility in Desert Hills, near Orla, a small town in West Texas.

Clearfork Completes Acquisition of Azure Midstream

Azure Midstream Energy, a natural gas midstream company operating in North Louisiana and East Texas, announced Tuesday that it has closed on its sale to Clearfork Midstream.

Dakota Access Pipeline Suffers US Supreme Court Setback

The U.S. Supreme Court on Tuesday rejected a bid led by Dakota Access Pipeline operator Energy Transfer to avoid additional environmental review of a section that runs under an artificial lake and is opposed by nearby Native American tribes, leaving the pipeline vulnerable to being shut down.

NextEra Takes $800 Million Charge for Mountain Valley Pipeline

A unit of NextEra Energy recorded an $800 million impairment charge in the first quarter as the U.S. renewable energy company re-evaluates its investment in the long-delayed Mountain Valley Pipeline.

Decom Deploys 2 Pipeline Cutting Saws in Asia-Pacific

Decom Engineering Limited has consolidated a strong 2021 performance with a hat trick of international contract wins valued at more than $531,000 (£400,000).

SoCal Unveils Plan to Supply Los Angeles with Green Hydrogen

Southern California Gas, the largest U.S. natural gas utility, on Thursday unveiled a major proposal to deliver hydrogen produced by wind and solar energy to the Los Angeles area.