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IFM Investors Completes Acquisition of Buckeye Partners
November 7, 2019
Australian investment management firm IFM Investors, through its affiliated entities, has completed the acquisition of US-based midstream energy company Buckeye Partners. Under the terms of the merger agreement signed in May 2019, a wholly owned subsidiary of the IFM Global
Husky Energy Closes on Sale of Its Prince George Refinery for $163 Million
November 7, 2019
Canadian integrated energy company Husky Energy has closed the sale of Prince George Refinery to Tidewater Midstream and Infrastructure for C$215 million ($163.6 million). Located in Prince George City, British Columbia, Canada, the Prince George Refinery is capable of processing
Harvest Midstream Begins Construction of Ingleside Pipeline and Harvest Midway Terminal, Texas
November 6, 2019
Harvest Midstream Company, an affiliate of Hilcorp Energy Company, has started construction for the Ingleside Pipeline and the Harvest Midway Terminal. The Ingleside Pipeline is a new 24-mile, 24-inch oil pipeline that will originate from the Harvest Midway Terminal and
Sempra Energy to Sell Its Stake in Chilquinta Energía for $223 Billion, Chile
November 6, 2019
Sempra Energy has entered into an agreement to sell its equity interests in its Chilean businesses, including its 100 percent stake in Chilquinta Energía S.A., to State Grid International Development Limited (SGID). Sempra Energy’s interests will be sold for $2.23
Basalt to Acquire Natural Gas Transmission Business from Third Coast Midstream
November 6, 2019
A fund managed by Basalt Infrastructure Partners II GP Limited has entered into a definitive agreement to acquire Third Coast Midstream’s natural gas transmission business. “This investment represents a rare opportunity to invest in a portfolio of demand-driven, regulated ‘last-mile’
TriMas Enters Into Agreement to Sell Its Lamons Business for $135 Million
November 6, 2019
TriMas has entered into a definitive agreement to sell its Lamons business to First Reserve, a private equity firm focused on energy investing, for $135 million. “A key part of TriMas’ overarching strategy is to reposition our portfolio of businesses
SureWerx™ USA Acquires Sure Foot® Corporation
November 6, 2019
SureWerx™ USA, a leading global supplier of professional tools, equipment and safety products, has acquired Sure Foot® Corporation, the innovative company behind the Due North® brand of winter traction aids based in the Red River Valley of North Dakota. Terms
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.1 Million
November 6, 2019
Fuel Tech, Inc. has entered into multiple air pollution control (APC) contracts from customers in the U.S. and Europe. These awards have an aggregate value of approximately $2.1 million. An order was received for a Selective Catalytic Reduction (SCR) system
Diversified Gas & Oil Partners with WVU for Oil & Gas Training for High School Seniors
November 5, 2019
Four hundred West Virginia high school seniors will be able to enter a pipeline of future workers in the oil and gas industry through a training program initiated by the West Virginia University Extension Service Safety and Health Extension. The
Department of Energy Awards Strategic Petroleum Reserve Lease to ExxonMobil
November 5, 2019
The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy announced on October 16, 2019, that ExxonMobil Pipeline Company (EMPCo) has been awarded the new lease of the Strategic Petroleum Reserve’s Saint James Marine Terminal and Bayou Choctaw 36-Inch Pipeline
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