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AEP Generation Resources Issues RFP for Limestone to Cardinal and Conesville Power Plants
October 3, 2017
AEP Generation Resources Inc. (AEPGR), a competitive generation subsidiary of American Electric Power Company issued a request for proposal (RFP) for the supply of limestone to Cardinal and Conesville power plants. AEPGR seeks a three-year term, starting in 2018 and
PG&E Hosts Grand Opening for Its New Gas Safety Academy in Winters, California
September 29, 2017
Pacific Gas and Electric Company (PG&E) opened its new Gas Safety Academy in Winters, Califfornia, the third in a series of its gas safety facilities to open since 2013. The Academy will serve as the primary training center for employees
American Midstream Begins Crude Oil Delivery Into Dakota Access Pipeline
September 28, 2017
Texas-based American Midstream Partners has started delivery of crude oil from the Bakken crude oil gathering system into the $3.8bn Dakota Access Pipeline (DAPL). The 80.5km-Bakken crude oil gathering system located near Watford City in North Dakota has a production
Brookfield to Acquire 60% Stake in Bermuda-based Teekay Offshore Partners for $750 Million
September 28, 2017
Brookfield Business Partners has acquired 60 percent interest in Bermuda-based Teekay Offshore Partners for around $750m. Teekay Offshore offers marine services and solutions focusing mainly on production and logistics to the offshore oil industry. The firm is a publicly traded
International Petroleum to Acquire Cenovus’ Suffield Assets for $413 Million, Canada
September 28, 2017
Canadian oil company Cenovus Energy has agreed to divest its Suffield crude oil and natural gas assets in southern Alberta to International Petroleum Corporation (IPC) for a sum of C$512m ($413.2m). The Suffield assets of Cenovus include properties on Canadian
Phillips 66 Partners to Acquire Stake in Bakken Assets for $2.4 Billion
September 28, 2017
Phillips 66 Partners (PSXP) has entered into a $2.4bn transaction with energy giant Phillips 66 to buy the latter’s pipeline and other assets in the Bakken basin in the US. The transaction, which marks the largest ever till date for
PDC Energy to Acquire Bayswater’s Wattenberg Gas Field for $210 Million, Colorado
September 28, 2017
PDC Energy has agreed to acquire select assets in the Wattenberg Gas Field in the Denver Basin in Colorado from Bayswater Exploration & Production and certain related parties for a sum of nearly $210m. The bolt-on acquisition comprises around 8,300
Veresen Submits FERC Application for LNG Export Terminal and Gas Pipeline, Oregon
September 28, 2017
Veresen has submitted applications to the US Federal Energy Regulatory Commission (FERC) to construct and operate liquefied natural gas (LNG) export terminal and related gas pipeline in Oregon. The applications have been submitted for Jordan Cove energy project and Pacific
Tally Energy Services to Focus on Building North American Shale Products and Services Company
September 27, 2017
Tally Energy Services, a private equity backed firm with a buy and build strategy in specialized North American shale products and services, recently launched its operations in Houston, Texas. With sponsorship from RedBird Capital Partners and Sallyport Investments, Tally Energy
American Midstream Acquires Panther Asset Management for $52 Million
September 27, 2017
American Midstream Partners, LP has acquired 100 percent of the assets in Panther Asset Management, LLC for a total consideration of approximately $52 million. The consideration consisted of approximately $39 million cash from borrowings under the partnership’s revolving credit facility
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