Finance - News

US Approves Work On EQT Mountain Valley Natural Gas Pipe

U.S. federal energy regulators approved EQT Midstream Partners LP's request to proceed with construction along various segments of its $3.5 billion Mountain Valley natural gas pipeline from West Virginia to Virginia.

June 19, 2018

EV Energy Partners Begins ‘New Chapter’ As Harvest Oil & Gas

EV Energy Partners, an MLP, filed for Chapter 11 in early April. Parent firm EnerVest and its EnerVest Operating unit did not file for bankruptcy.

June 11, 2018

Goodnight Midstream Expands Credit Facility To $320 Million

Goodnight Midstream, a leading midstream water infrastructure company, recently expanded its revolving credit facility to $320 million.

June 8, 2018

Questerre Settles Lawsuit; Consolidates Quebec Position

Questerre Energy reported on June 4 that it has executed a letter of intent with a senior E&P company to settle outstanding litigation and acquire all their assets in the St. Lawrence Lowlands, Quebec.

June 4, 2018

Saudi Aramco Restructures Non-Oil Assets Ahead Of IPO

Saudi Aramco has created a subsidiary to house its multibillion-dollar pension fund and could spin off its aviation division ahead of its planned IPO.

June 4, 2018

Canada Finance Minister Defends Trans Mountain Purchase

Canada’s decision to buy Kinder Morgan Canada Ltd.’s Trans Mountain pipeline was brought about by a “particularly problematic” situation and is not a symbol of how things get done in the country, the finance minister said on May 30.

May 31, 2018

Oil Sinks Further As OPEC, Russia Look To Raise Output

Oil prices extended losses on May 28 as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing.

May 28, 2018

Senate Democrats Want Trump To Prod OPEC To Lower Oil Prices

U.S. Senate Democrats on May 23 urged President Donald Trump to try to prod OPEC to take steps to lower oil prices and suggested that millions of Americans will see tax cut proceeds canceled out by higher fuel costs.

May 24, 2018

Kuwait Petroleum Plans $2.6 Billion Loan For LNG Terminal

A Kuwait Petroleum Corp.-owned firm plans to borrow up to $2.6 billion from banks and export credit agencies to build a LNG import terminal, banking sources said on May 23.

May 23, 2018

UPDATE: DUG Permian—Grow, Grow, Grow Your Well Performance

Conference’s first day winds up with a keynote describing a swift production ramp-up and a roundtable discussion tackling where the output is heading and market impact.

May 22, 2018

BP Invests In Israeli Fast-Charge Battery Company

The investment, BP Ventures said, is part of a push to tap into the growth in electric vehicle technologies and infrastructure.

May 22, 2018

South Korean Firm Invests $250 Million In Brazos Midstream

South Korea's SK Holdings said in a statement that the investment in Brazos Midstream would be made through its U.S.-based unit Plutus Capital.

May 18, 2018