Midstream assets included in the joint venture include a natural gas processing plant in Tioga, N.D. Hess Infrastructure will make an IPO of Hess Midstream Partners LP common units.
Frontline 2012 was spun off from Frontline three years ago and has since divested its dry-bulk and gas fleet to focus on crude oil and product tankers, Reuters said.
Ultralight condensate is increasingly part of the makeup of far West Texas and New Mexico output. It could be moved by rail if too light for pipelines, Reuters said.
Jonathan (JQ) Affleck was appointed by the board to replace Steven G. Twele as vice president and CFO of the general partner of World Point Terminals LP
A 670-kilometer natural gas pipeline will run from Groundbirch area near Dawson Creek, British Columbia, to proposed LNG Canada liquefied natural gas export facility near Kitimat, also in the province.
Multiple political and military trends, along with the rise in U.S. crude oil and natural gas production, are occurring at the same time. And that makes for an uneasy situation, Tom Petrie says.
The partnership could serve as a launching point for continued growth in the region, analyst says.
Cheniere Partners will close credit facilities and issue Bechtel Oil Gas and Chemicals Inc. a notice to proceed on Train 5. Trains 1, 2 were about 90.8% complete May 31.
Index of the four largest publicly traded U.S. railroads dropped 20% from November, Bloomberg said. Low natural gas prices drain coal demand; oil drilling slows. Petroleum carloads are down 0.6.
Only a portion of the Utica and Marcellus pipeline was up for sale, but a premium bid worth hundreds of millions changed CEO Gary Evans’ thinking.
When the previous 31,138 shares are added to this amount, Rex American can now buy back 531,138 shares. To date, the company has repurchased 466,444 shares priced at $62.53 each.
Sarah Miller replaced Craig Rainey, who retired, as leader of the natural gas infrastructure company’s legal team. She reports to Alan Armstrong, president and CEO. Miller joined Williams in 2000.