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Matheson Tri-Gas to Acquire Divested Assets in U.S. from Air Liquide
June 28, 2016
Matheson Tri-Gas has executed an agreement for the purchase of eighteen air separation plants in sixteen locations, two nitrous oxide plants, four CO2 plants, and related assets from Air Liquide in the United States. The agreement also includes Matheson’s purchase
NV Energy’s Sun Peak Power Plant Achieves 25 Years Without a Lost-time Accident
June 28, 2016
NV Energy employees at the 210-megawatt Sun Peak Generating Station have achieved a significant milestone this month by marking 25 years of safe plant operation without a lost-time accident. The employees also have worked more than two years without a
World Fuel Services to Acquire PAPCO and Associated Petroleum Products for $230 Million
June 27, 2016
World Fuel Services Corporation’s wholly-owned subsidiary has signed definitive agreements to acquire two U.S. land fuel distributors: PAPCO, Inc. and Associated Petroleum Products, Inc. (APP). The aggregate purchase price for both companies will be approximately $230 million and will be
Potash Ridge Enters MOU with SNC-Lavalin for Development of Blawn Mountain Project, Utah
June 27, 2016
Potash Ridge Corporation has entered into a memorandum of understanding (MOU) with SNC-Lavalin Inc. which establishes a long-term relationship between the corporation and SNC for the development of the Blawn Mountain Project in Utah. Under the terms of the MOU,
Suncor Energy Acquires Additional Interest in Canada-based Syncrude for C$937 Million
June 27, 2016
Suncor has closed the purchase of a five percent interest in Syncrude from Murphy Oil Corporation’s Canadian subsidiary. “The closing of this transaction further reinforces Suncor’s commitment to profitable growth and creating value for shareholders through strategic acquisitions. Despite speculative
Lone Pine Resources Canada and Arsenal Energy Enter Strategic Business Combination
June 27, 2016
Lone Pine Resources Canada Ltd. and Arsenal Energy Inc. have entered into a definitive agreement to affect a business combination by way of a plan of arrangement under the Business Corporations Act (Alberta). Completion of the arrangement will result in
New Mexico Public Regulation Commission Approves Emera’s Acquisition of TECO Energy
June 23, 2016
The New Mexico Public Regulation Commission (NMPRC) has approved a final order authorizing, among other things, Emera Inc.’s proposed acquisition of TECO Energy and the indirect acquisition of New Mexico Gas Company, Inc. (NMGC). “We are pleased that the New
Monterra Energy Advances Its Monterra del Centro Pipeline Project, Mexico
June 23, 2016
Monterra Energy has provided an update on its plans to build a new refined products pipeline system, consisting of four independent assets: (i) a port facility to receive product, (ii) a 1,200,000 barrel marine receiving terminal at Tuxpan, Veracruz, (iii)
BLM Reviewing Utah Utility Corridor for What Could Be Nation’s First Commercial Oil Shale Mine
June 22, 2016
A proposed oil-shale mine and processing plant would generate up to 23 million tons of spent shale, yet Enefit American Oil has not revealed how it intends to safely manage this waste, which would be in a chemically unstable state,
ABS Group to Develop Maintenance and Integrity Program for Kinder Morgan’s Elba Island LNG Project
June 22, 2016
ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG
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