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Oil Prices Rise on Worries Over Venezuelan Supply
May 22, 2018
Oil rose towards $80 a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global supply. Crude is trading at its highest level since late 2014, underpinned by
Global Partners to Acquire Champlain Oil’s Retail Fuel Assets in Vermont and New Hampshire
May 22, 2018
Global Partners has agreed to acquire the retail fuel and convenience store assets of Champlain Oil Company based in Vermont. The acquisition includes 37 company-operated gas stations with Jiffy Mart-branded convenience stores in Vermont and New Hampshire, and approximately 24
Ikkuma Resources to Sell Non-core Canadian Midstream Assets for $30 Million
May 21, 2018
Canadian oil and gas company Ikkuma Resources has launched the initial stage of a previously disclosed plan to sell its non-core infrastructure assets. Ikkuma has entered into a non-binding letter of intent to sell certain midstream assets for a purchase
Canuc Signs Letter of Intent to Acquire Full Circle Energy
May 21, 2018
Canuc Resources has signed a letter of intent (LOI) to acquire Ontario Corporation’s subsidiary Full Circle Energy. Full Circle’s principal corporate assets consist of 6 sections of undeveloped oil prospective acreage in southwest Saskatchewan, and a Farmin agreement that references
Williams to Acquire All Public Equity of Williams Partners L.P.
May 18, 2018
Williams and Williams Partners L.P. entered into an agreement where Williams will acquire all of the outstanding public common units of Williams Partners in an all stock-for-unit transaction at a 1.494 ratio of Williams common shares per unit of Williams
Salt Creek to Develop $100 Million Natural Gas Liquids Header System, Texas
May 17, 2018
Salt Creek Midstream, an affiliate of ARM Energy, has commenced development of SCM Alpine, a 445,000 barrels per day (bbl/d) capacity natural gas liquids (NGL) header system in the US. Planned to be commissioned in Q1 2019, the $100m project
Columbia Gas of Pennsylvania to Commence Pipeline Upgrade Project
May 17, 2018
Columbia Gas of Pennsylvania will commence gas pipeline replacement project in Brownsville, Fayette County, Georgia, to ensure the delivery of safe, reliable, and efficient natural gas to them for years to come. Starting in mid-May, Columbia Gas will replace more
Shell Midstream to Acquire Shell’s Stake in Amberjack Pipeline for $1.2 Billion, Gulf of Mexico
May 17, 2018
Shell Midstream Partners has agreed to buy out its parent company Royal Dutch Shell’s stake in Amberjack Pipeline Company, the operator of a 215km long crude oil pipeline in Gulf of Mexico, for $1.22bn. As per the deal, Shell Midstream
EQT Midstream, EQT GP Holdings, and Rice Midstream Partners Enter Streamlining Transaction
May 16, 2018
EQT Midstream Partners (EQM), EQT GP Holdings (EQGP), and Rice Midstream Partners (RMP) entered into a midstream streamlining transaction that includes: • EQM’s acquisition of EQT Corporation’s retained midstream assets and Gulfport Energy’s 25 percent ownership in the Strike Force
EIA: Cook Inlet LNG Pipeline Draft Document Reveals Devastating Impact on Endangered Belugas
May 16, 2018
A draft version of an application submitted by Alaska Gas Development Corporation (AGDC) to “take” marine mammals during the construction of a liquefied natural gas pipeline and terminal in Cook Inlet, Alaska suggests that the project could expose nearly half
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