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

Trans Mountain Expansion Faces Fresh Lawsuit from Ecojustice and Partners

July 11, 2019

Ecojustice Canada alongside Raincoast Conservation Foundation and Living Oceans Society, has filed a lawsuit with the Federal Court of Appeal challenging the Canadian government’s re-approval of the C$7.4 billion Trans Mountain expansion project. The environmental groups are set to argue

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Plains All American Launches Open Season on Western Corridor Pipeline System

July 10, 2019

An affiliate of Plains All American Pipeline has launched a binding open season for long-term commitments for light crude oil transportation service on its Western Corridor Pipeline System. The open season service will originate in northern Montana for delivery to

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Chevron Phillips and Qatar Petroleum to Jointly Develop U.S. Gulf Coast Petrochemical Project

July 10, 2019

Chevron Phillips Chemical Company and Qatar Petroleum have signed an agreement to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the United States. The U.S. Gulf Coast II Petrochemical Project (USGC II) will include

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Sequitur Energy Resources Acquires Callon Petroleum’s Producing Properties for $264.6 Million, Texas

July 10, 2019

Sequitur Energy Resources affiliate, Sequitur Permian, recently acquired producing properties located in Reagan and Upton Counties, Texas from Callon Petroleum Operating Company and other undisclosed sellers. “This transaction is an excellent bolt-on acquisition at attractive metrics, which complements our existing

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Lucid Energy Enters Gas Gathering and Processing Agreement with XTO Energy, New Mexico

July 10, 2019

Lucid Energy Group has executed a new long-term natural gas gathering and processing agreement with XTO Energy, a subsidiary of ExxonMobil. Under the new agreement, XTO will deliver natural gas production from a portion of its leasehold position in southeastern

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Ecuadorian Plaintiffs End Fraudulent Litigation Against Chevron in Canadian Lawsuit

July 10, 2019

A group of Ecuadorian plaintiffs whose litigation against Chevron Corporation has been exposed as a fraud and bribery scheme by courts in the United States and elsewhere has ended its Canadian lawsuit against the company. Following dismissals of their claims

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Woodfibre LNG Project Receives Key Permit for Its Processing and Export Facility, Canada

July 9, 2019

Woodfibre LNG, which is proposing to build a LNG processing and export facility in British Columbia, Canada, has secured facilities permit from the BC Oil and Gas Commission (BC OGC) for the project. The LNG facility is planned to be

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UGI to Acquire TC Energy’s Subsidiary Columbia Midstream Assets for $1.275 Billion

July 9, 2019

UGI, a Pennsylvania-based energy distribution company, has agreed to acquire the US midstream assets held by TC Energy’s subsidiary Columbia Midstream Group (CMG), for about $1.275 billion. The acquisition will be executed by UGI’s subsidiary UGI Energy Services. MIDSTREAM ASSETS

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Weatherford Files for Bankruptcy Protection

July 9, 2019

The oilfield services company Weatherford International filed for Chapter 11 bankruptcy protection Monday, after struggling to assimilate the companies it bought during a quest for growth, taking on too much debt and fighting to recover from falling oil prices in

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Inter Pipeline Completes Kirby North Connection Project, Canada

July 9, 2019

Inter Pipeline Ltd. has successfully placed into service a diluent and bitumen blend pipeline connection to Canadian Natural’s Kirby North oil sands project. The connection is underpinned by a long-term take-or-pay agreement that will provide Inter Pipeline with stable cash

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