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TC Energy to Acquire Remaining Stake in TC PipeLines for $1.48 Billion
October 8, 2020
Canadian energy company TC Energy has made an offer to acquire the remaining stake that it does not already own in TC PipeLines for about $1.48 billion. Under the non-binding offer, TC Energy intends to acquire the common units of
BHP to Acquire Hess’ Stake in Shenzi Field for $505 Million, Gulf of Mexico
October 8, 2020
BHP Billiton has entered into an agreement with Hess to acquire 28 percent stake in the Shenzi field in the Gulf of Mexico. The purchase price of the Shenzi field stake is $505 million. BHP is currently the operator of
LyondellBasell and Sasol Form Integrated Polyethylene Joint Venture in $2 Billion Deal
October 8, 2020
LyondellBasell and Sasol has announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density
House Passes Bills to Secure Energy Sector Against Cyberattacks
October 8, 2020
The House on Tuesday unanimously passed four bills aimed at securing the power grid and other energy infrastructure against cyberattacks. All four of the bipartisan bills were approved by voice vote, and supported by the leaders of the House Energy
Pennsylvania Joins Six States to Develop Carbon Capture Infrastructure Plan
October 8, 2020
Pennsylvania will join six states committed to the development of safe carbon dioxide transport and storage. Gov. Tom Wolf’s administration on Thursday said the state will join Kansas, Louisiana, Maryland, Montana, Oklahoma and Wyoming in signing a memorandum of understanding
Navigator Energy Services Launches Binding Open Season for Its Borger Express Pipeline System
October 7, 2020
Navigator Borger Express, an affiliated company of Navigator Energy Services, launched of a binding open season on its Borger Express pipeline system to provide shippers the opportunity to secure crude oil transportation services from Cushing, Oklahoma to Borger, Texas. Prior
Quorum Software Acquires Landdox
October 7, 2020
Quorum Software, a Thoma Bravo portfolio company, has acquired Landdox, the leading innovator in cloud-first land technology. The acquisition brings together deep industry DNA and leading-edge architecture to empower energy companies to reimagine land management for the future. “Over the
TransAlta and Tidewater Midstream to Sell Pioneer Pipeline to ATCO for $192 Million
October 6, 2020
TransAlta and its partner Tidewater Midstream & Infrastructure have signed an agreement with ATCO Gas and Pipelines, a subsidiary of Canadian Utilities, to sell Pioneer Pipeline for C$255 million ($192 million). Pioneer Pipeline is a 131km natural gas pipeline that
Governments of U.S., Israel, and UAE Agree to Form Joint Energy Strategy
October 6, 2020
The US, Israel and UAE governments have agreed to form a joint energy strategy moving forwards. The nations will come together to cooperate in various sectors — including oil and gas, renewables and energy efficiency — after the energy ministers
West Virginia Joins 17-State Coalition Seeking to Protect Pipeline Construction
October 6, 2020
West Virginia has joined a 17-state coalition in asking a federal appeals court to reverse a lower court ruling that brought pipeline construction to a halt nationwide, Attorney General Patrick Morrisey says. The coalition’s brief, filed late Wednesday, argues a
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