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Diversified Gas & Oil Secures $500 Million to Acquire Certain Assets of CNX Gas
March 21, 2018
Diversified Gas & Oil, a U.S.-based acquirer and operator of oil and gas producing assets, has entered into a $500 million, five-year, senior secured revolving credit facility with a syndicate of seven U.S. banks, led by KeyBank. KeyBanc Capital Markets
CNX Resources Acquires Shirley-Pennsboro System from CNX Midstream Partners, W. Va.
March 20, 2018
CNX Resources (CNX) has completed its acquisition of a 95 percent stake in the Shirley-Pennsboro gathering system in the US from CNX Midstream Partners (CNXM). The Shirley-Pennsboro System gathers and transports gas in the core wet gas region of the
Energy Transfer Partners and Satellite Petrochemical to Build Export Terminal, U.S. Gulf Coast
March 20, 2018
Energy Transfer Partners and Satellite Petrochemical have entered into definitive agreements to form a joint venture, Orbit Gulf Coast NGL Exports, to construct a new export terminal on the US Gulf Coast. Orbit will also construct a 20-inch ethane pipeline
Phillips 66 Proposes Pipeline from St. James to Its Plaquemines Refinery, Louisiana
March 20, 2018
Phillips 66, the 40-percent owner of the proposed Bayou Bridge Pipeline, wants to build another 94-mile crude oil pipeline from what it calls the St. James oil market hub to its Alliance Refinery in Plaquemines Parish, with the pipeline crossing
Pennsylvania DEP Approves Construction of Birdsboro Gas Power Plant
March 19, 2018
Ares Management has secured an approval from the Pennsylvania Department of Environmental Protection (DEP) to move ahead with the construction of the $600m Birdsboro natural gas-fired plant in Berks County, Pennsylvania. The department has issued the necessary permits for the
Entergy Secures Approval to Build 128MW Gas Power Plant, New Orleans
March 19, 2018
Entergy New Orleans has secured an approval for the construction of its proposed 128MW gas-fired power plant in New Orleans in the US state of Louisiana from the New Orleans City Council. Dubbed as New Orleans Power Station, the new
Florida Power & Light Secures Approval to Build $888 Million Dania Beach Gas Power Plant
March 19, 2018
Florida Power & Light (FPL) has secured the approval of the Florida Public Service Commission (PSC) for its proposal to build the 1,163MW Dania Beach natural gas-fired power plant in the US state of Florida. Named as the Dania Beach
USD Group Expands Presence in Mexico with New Refined Products Terminals in Central Chihuahua
March 16, 2018
USD Group, through its subsidiary USD Marketing Mexico S. de R.L. de C.V., plans to expand its network of refined products destination terminals across Mexico, including two terminals in the Central Chihuahua area. The Ciudad Cuauhtémoc terminal development is expected
Amplify Energy to Sell Non-core South Texas Acreage for $20 Million
March 15, 2018
Amplify Energy has signed a deal to sell its stake in properties located in South Texas, US to an undisclosed buyer for $20m. The net proceeds from the sale are expected to be used to reduce outstanding borrowings under the
Chevron Commissions Ethane Cracker at Cedar Bayou Facility, Texas
March 15, 2018
Chevron Phillips Chemical Company has commissioned a new ethane cracker at its Cedar Bayou facility in Baytown, Texas. Said to be one of the largest and most energy efficient crackers in the world, the unit will have a peak production
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