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NEWS Click on text to read news by category: General | Product | People | Worldwide

American Midstream to Sell Its Refined Products Terminals for $138 Million, Texas

February 22, 2018

American Midstream Partners has agreed to sell its refined products terminalling business to DKGP Energy Terminals, a joint venture between Delek Logistics Partners and Green Plains Partners, for about $138.5m. The transaction is expected to close in the first half

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Total to Create U.S. Gulf Coast Petrochemicals JV with Borealis and Nova

February 22, 2018

Total will form a joint venture (JV) for petrochemicals on the US Gulf Coast with Austrian polyethylene and polypropylene producer Borealis and Canadian plastics and chemical company Nova Chemicals. While the French oil and gas giant will hold a stake

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Stallion Acquires Oilfield Recycling Service Provider Basin Wastewater Solutions

February 21, 2018

Stallion Oilfield Services Ltd. has completed its acquisition of substantially all of the assets of Basin Wastewater Solutions, LLC (Basin), a leading provider of rig site potable water and wastewater recycling services. Basin is based in Carlsbad, NM and services

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Air Permit Issued for IGP Methanol’s Gulf Coast Methanol Park, Louisiana

February 21, 2018

IGP Methanol LLC was granted a title V Air Quality Permit by the Louisiana Department of Environmental Quality for their Gulf Coast Methanol facility, located in Plaquemines Parish, Louisiana. The Gulf Coast Methanol Park will consist of four identical methanol

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Enterprise Products to Convert NGL Pipeline to Crude Oil Service, Permian Basin

February 21, 2018

Enterprise Products Partners L.P. released plans to convert one of its natural gas liquids (NGL) pipelines that transports NGLs from the Permian Basin to the Texas Gulf Coast to crude oil service. The conversion is expected to be completed in

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DOE to Offer 77.3 Million Acres for Oil and Gas Exploration in Gulf of Mexico

February 20, 2018

The US Department of Interior is planning to offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida in lease sale for oil and gas exploration and development. Said to be the largest in US history, the region-wide lease

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Fieldwood Energy Files for Chapter 11 Bankruptcy Protection

February 20, 2018

Fieldwood Energy, along with its subsidiaries and certain affiliates, has filed for bankruptcy protection under Chapter 11 in the US, in a bid to restructure its balance sheet by reducing debt. The firm has made the voluntary filing in the

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Avangrid to Sell Its Gas Storage Business Enstor Gas to Amphora

February 20, 2018

Avangrid Renewables has agreed to sell Enstor Gas, which operates the gas storage business of its parent company Avangrid, to Amphora Gas Storage USA, an affiliate of ArcLight Capital Partners for an undisclosed price. Enstor Gas owns and operates natural

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TransCanada to Move Forward with $1.9 Billion NGTL Pipeline Expansion Project

February 19, 2018

TransCanada has decided to proceed with the C$2.4bn ($1.9bn) expansion of its NOVA Gas Transmission (NGTL) system in Alberta, Canada to help increase market access for suppliers in Western Canadian Sedimentary Basin (WCSB). TransCanada’s wholly-owned subsidiary NGTL will be responsible

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Linn Energy to Sell Stake in Conventional West Texas Assets for $119.5 Million

February 19, 2018

Linn Energy has agreed to sell its stake in conventional properties located in west Texas to an undisclosed buyer for about $119.5m. The properties to be sold consist of approximately 28,000 net acres in west Texas with 2017 net production

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