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

Canadian LNG Producer Pieridae Energy to Merge with Ikkuma Resources

August 28, 2018

Pieridae Energy, the owner of the proposed Goldboro liquefied natural gas (LNG) project in Canada’s Nova Scotia, has agreed to acquire Canadian oil and gas company Ikkuma Resources in an all-stock deal. The merger of the two companies to be

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Enbridge to Acquire Spectra Energy Partners for $3.3 Billion

August 27, 2018

Canada’s energy infrastructure company Enbridge has entered into an agreement to acquire its US master limited partnership Spectra Energy Partners (SEP) for $3.3bn. Under the agreement, the company will buy all of the 81.9 million public outstanding common units of

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OMERS to Acquire 50% Stake in BridgeTex Pipeline for $1.43 Billion, Texas

August 27, 2018

Canadian pension fund OMERS has agreed to acquire a stake of 50 percent in the BridgeTex pipeline, a crude oil pipeline system in Texas, for $1.438bn from its joint owners Plains All American Pipeline and Magellan Midstream Partners. The BridgeTex

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Koch Methanol to Invest $1.85 Billion in YCI’s Methanol Production Plant, Louisiana

August 27, 2018

Koch Methanol Investments has agreed to acquire an indirect minority stake in YCI Methanol One, which is constructing a $1.85bn methanol production plant in St. James Parish in the US state of Louisiana. In this regard, the global methane supplier

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Advantage Midstream and SandRidge Sign Agreement for Gas Processing in Colorado

August 27, 2018

Advantage Midstream has signed an agreement with SandRidge Energy to construct and operate a natural gas refrigeration plant and provide gas processing services for acreage in the North Park basin in Jackson County, Colorado. The agreement provides for the installation

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Enterprise and American Midstream to Optimize Gulf Coast Assets

August 24, 2018

Enterprise Products Partners L.P. and American Midstream Partners, LP have entered into an agreement under which American Midstream may elect to purchase a 25 percent interest in Enterprise’s Pascagoula natural gas processing plant. The purchase option is subject to certain

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Energy Transfer Receives FERC Approval to Bring Rover Pipeline’s Laterals Into Service

August 24, 2018

Energy Transfer Partners’ Rover Pipeline received approval from the Federal Energy Regulatory Commission (FERC) to commence service on the Burgettstown and Majorsville supply laterals effective immediately. FERC also approved the associated compressor and metering stations. This latest approval allows for

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Getka Energy Acquires Pacer Energy Terminal and Adjacent Acreage, Oklahoma

August 24, 2018

Crude oil logistics provider Getka Energy has closed on the purchase of the former Pacer Energy Terminal located in Cushing, Oklahoma. The 28-acre property houses crude oil storage tanks and several LACT units. The terminal is connected to Enterprise Products’

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Atlas Sand Company Opens Kermit Frac Sand Facility, Texas

August 24, 2018

Atlas Sand Company has had the grand opening of its Kermit, Texes facility. On July 29, 2018, the first scheduled deliveries of frac sand from the Atlas Kermit site were fulfilled. The Kermit facility’s anticipated production capacity is currently approximately

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Aggreko SelecTech Program Partners With San Jacinto College

August 24, 2018

Aggreko has entered into a partnership with San Jacinto College (San Jac) to host its enhanced SelecTech technician training program. The 12-month, 42-credit-course program combines classroom instruction with web-based learning modules and on-the-job training at Aggreko’s Pearland Service Center. Led

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