The Supreme Court ruled 7-2 that natural gas suppliers including Duke Energy Corp. must defend against lawsuits claiming they manipulated prices during the 2000-2002 California energy crisis, Bloomberg said.
The money will support acquisition, development and operations of midstream, downstream petrochemical and fuel assets in U.S. and Canada. Next Wave handles NGL toll processing and manufacturing, among other projects.
Canada’s National Energy Board launched an online, interactivepipeline incident mapdetailing pipeline incidents in Canada since 2008. Data available include location, company and volumes released materials.
Riverstone Global Energy and Power Fund VI committed $67 million, and Riverstone Energy Ltd. committed $33 million. Newly formed Meritage Midstream Services III focuses on western Canadian emerging resource plays.
Pipeline projects to ship crude oil and natural gas products, such as TransCanada’s Keystone XL Energy East and Enbridge’s Northern Gateway, have received criticism resulting in project delays, Bloomberg said.