Acquisitions & Divestitures - Midstream

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SoCalGas: First Relief Well For Aliso Canyon Gas Leak is Progressing

Controlling the flow of the leaking gas will involve pumping heavy fluids into the target well, and this will begin in the next few days.

Erin Pedigo
Thu, 02/11/2016 - 12:38
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IHS Closes Acquisition Of OPIS

OPIS, the most complete source for U.S. refined petroleum pricing data, news and analytics for the downstream market, will remain based in Gaithersburg, Md.

Erin Pedigo
Thu, 02/11/2016 - 11:17
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Backed By Intervale, Entegra Will Expand US, Canada Pipeline Inspection Services

Entegra has engineering, R&D and inline inspection tool fabrication resources in Toronto and sales and field operations in Houston and Indianapolis.

Erin Pedigo
Thu, 02/11/2016 - 10:03
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Output Cuts Are Possible As Phillips 66 Sells Excess Crude

Unusual sales of excess oil added pressure to March/April WTI futures spread, with front-month discount widening to $2.37 a barrel on Feb. 10, the most since November 2015, Reuters said.

Erin Pedigo
Thu, 02/11/2016 - 09:38
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TransCanada Posts 4Q 2015 Loss On Keystone-related Charge

Company reported a net loss attributable to shareholders of CA$2.46 billion (US$1.76 billion), or CA$3.47 per share, in the fourth quarter ended Dec. 31, 2015, Reuters said.

Erin Pedigo
Thu, 02/11/2016 - 09:19
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EIV Capital Forms CAM Integrated Solutions, Provides $40 Million In Equity

Craig Pierrotti, CAM’s CEO, was executive vice president for CH2M’s oil, gas and chemicals. Mitch Stamper was a facilities engineering manager for East Texas and North Louisiana at Anadarko Petroleum. 

Erin Pedigo
Wed, 02/10/2016 - 14:47
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US Approves ConocoPhillips LNG Exports From Alaska

ConocoPhillips last received an export license from the federal government for the Kenai plant in April 2014. It also authorized the company to export about 40 Bcf of gas over a two-year period.

Emily Moser
Wed, 02/10/2016 - 06:21
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Attacks Halt Oil Pumping At Colombia's Cano Limon Pipeline

Rebel groups, the Revolutionary Armed Forces of Colombia (FARC) and National Liberation Army (ELN), have often targeted oil infrastructure, bombing pipelines and trucks carrying crude oil, Reuters said.

Erin Pedigo
Tue, 02/09/2016 - 14:57
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Chesapeake's Finances Could Affect Pipeline Companies Contracted With Producers

Experts said the way Chesapeake handles finances could be crucial for midstream pipeline companies, which have long-term contracts with producers to move, process and store energy products, Reuters reported. 

Erin Pedigo
Tue, 02/09/2016 - 11:53
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Cheniere Will Close Crude Oil Trading Desk

It was unclear how many traders and support staff would lose jobs. Crude trading and origination desk was formed in mid-2015 with hire of Nelson Lee from BHP Billiton, Reuters said.

Erin Pedigo
Mon, 02/08/2016 - 16:02
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Centurion Midstream Opens Houston Office

"Having a full-time presence in Houston will allow us to better support our growing customer base and attract additional talent as we enter a phase of rapid growth in our business," Tom Ramsey, CEO, said.

Erin Pedigo
Mon, 02/08/2016 - 09:52
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Pierce Junction Salt Domes Have Extra Crude Storage Capacity

Fairway found the extra space at salt domes previously used for brine production, which over time had prompted the cavern to grow, CEO Chris Hilgert said, Reuters reported.

Erin Pedigo
Fri, 02/05/2016 - 16:21

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