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Houston American Energy to Acquire Stake in Horizontal San Andres Project, Texas
May 24, 2018
Houston American Energy has agreed to acquire a 12.5 percent stake in a prospect covering approximately 650 gross acres (81.25 net mineral acres) in Yoakum County, Texas, US. The prospect is a Horizontal San Andres prospect located in the Northwest
PSE&G to Invest $1.8 Billion for Next Phase of Gas System Replacements Program
May 24, 2018
Public Service Electric & Gas Company (PSE&G) is set to begin next phase of its Gas System Modernization Program (GSMP II), which involves replacement of gas mains in order to improve reliability and safety for gas customers. The move follows
JupiterMLP Receives Permits to Begin Construction Improvements on Liquid Cargo Dock, Texas
May 23, 2018
JupiterMLP has secured the necessary permits from the Port of Brownsville Authority, the Texas Commission on Environmental Quality (TCEQ) and the U.S. Army Corps of Engineers (USACE) to begin construction improvements on Liquid Cargo Dock in the Port of Brownsville.
NextEra Energy to Acquire Gulf Power and Florida City Gas for $6.475 Billion
May 22, 2018
The owner of Florida’s largest power company on Monday dramatically expanded its reach in the state after announcing it was acquiring the main utility that serves nearly a half-million customers in northwest Florida. NextEra Energy announced it had reached a
Public Service Commission Wants Nebraska Supreme Court to Uphold Keystone XL Approval
May 22, 2018
An attorney representing the Nebraska Public Service Commission asked the state’s highest court Monday to uphold the agency’s approval of a route for the controversial Keystone XL pipeline across the state. Jay Bartel, an assistant state attorney general, said the
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
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