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TAC Energy Acquires Mutual Oil Co., Expands Operations in Northeast
June 7, 2016
TAC Energy, a division of The Arnold Companies (TAC), has acquired the wholesale unbranded business assets of Mutual Oil Co. Inc. effective June 1, 2016. TAC Energy will maintain all key sales and customer service associates from Mutual, who will
Devon Energy Divests Non-core Upstream Assets for $1 Billion, Texas
June 7, 2016
Devon Energy Corp. has entered into definitive agreements with undisclosed parties to monetize nearly $1 billion of non-core upstream assets in east Texas, the Anadarko Basin and an overriding royalty interest in the northern Midland Basin. These transactions are expected
Kinder Morgan Receives FERC Authorization for $2 Billion Elba Liquefaction Project, Georgia
June 7, 2016
Kinder Morgan, Inc. has received authorization from the Federal Energy Regulatory Commission (FERC) for the Elba Liquefaction Project. The approximate $2 billion project will be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. As previously
Holly Energy Acquires 50% Stake in Cheyenne Pipeline for $42.5 Million, Wyoming
June 7, 2016
Holly Energy Partners, L.P. has acquired a 50 percent interest in Cheyenne Pipeline LLC, owner of the Cheyenne Pipeline, in exchange for a contribution of $42.5 million in cash to Cheyenne Pipeline LLC. The other 50 percent interest is owned
Big-D Construction Completes BYU-Idaho Central Energy Facility Project
June 7, 2016
Big-D Construction has completed the BYU-Idaho Central Energy Facility located in Rexburg, Idaho. The new 28,000-square-foot building, on which construction began in 2013, has allowed BYU-Idaho to replace its coal-fired boilers with natural gas-fired boilers. The original heating plant, in
TCI Business Capital Extends Financing Program for Fort McMurray Post-Fire Restoration
June 6, 2016
TCI Business Capital will extend preferred pricing accounts-receivable financing to companies involved in rebuilding Fort McMurray and its surrounding areas, damaged as a result of wildfires. Companies providing goods and services to be used as part of rebuilding efforts will
Pembina Pipeline Enters $130 Million Contract for Duvernay Shallow Cut Gas Plant, Canada
June 6, 2016
Pembina Pipeline Corporation has entered into agreements with a multinational, investment grade customer to construct associated infrastructure relating to the company’s 100 million cubic feet per day (MMcf/d) shallow cut gas plant, Duvernay I. The supporting infrastructure includes condensate, gas
Callon Petroleum Completes Acquisition of Big Star’s Midland Basin Assets for $220 Million, Texas
June 6, 2016
Callon Petroleum Company has closed on the previously reported acquisition of certain assets in the Midland Basin operated by Big Star Oil and Gas, LLC, including approximately 17,298 gross (14,089 net) surface acres, primarily located in Howard County, Texas, with
EPA Releases First-Ever Standards to Cut Methane Emissions from Oil and Gas Sector
June 6, 2016
As a further step in the Obama Administration’s commitment to take action on climate change and protect public health, the U.S. Environmental Protection Agency (EPA) is implementing comprehensive steps to address methane emissions from both new and existing sources in
Fluor Close to Completion of Dominion’s Brunswick County Gas Power Station, Virginia
June 3, 2016
Fluor Corporation announced that it has achieved substantial completion for Dominion Virginia Power’s Brunswick County Power Station in Virginia, US. Fluor provided engineering, procurement, construction and commissioning services for the 1,358-megawatt natural gas-fueled power station in Brunswick County, Virginia. Fluor
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