NEWS— Click on text to read news by category: General | Product | People | Worldwide
Hackers Target U.S. Energy Infrastructure
September 12, 2017
The cyber espionage group known as Dragonfly is launching cyber attacks on energy infrastructure in the United States and Europe, according to the software company Symantec. Dragonfly attempted similar attacks between 2011 and 2014, before it was discovered by researchers
TransCanada May Scrap Energy East and Eastern Mainline Pipeline Projects
September 11, 2017
TransCanada’s $12bn Energy East pipeline and the Eastern Mainline projects are in doubt after the company filed a letter to Canada’s National Energy Board (NEB) seeking a 30-day suspension of their applications. The move from TransCanada comes after last month’s
Magellan and Valero to Undertake $755 Million Pipeline System Expansion, Texas
September 11, 2017
Subsidiaries of Magellan Midstream Partners and Valero Energy will jointly undertake construction of a 217km-long refined petroleum products pipeline along with other infrastructure enhancements in Texas with an investment of $755m. In this regard, Valero’s subsidiary V-Tex Logistics and Magellan’s
Xcel Energy Foundation Donates to the American Red Cross to Assist with Hurricane Harvey Relief
September 8, 2017
Xcel Energy has made a donation of $100,000 to the American Red Cross to assist with Hurricane Harvey relief and recovery efforts. The company is making the contribution through the Xcel Energy Foundation, a non-profit organization. “The heartbreaking devastation has
Canadian Natural Resources to Acquire Cenovus Energy’s Pelican Lake Oil Assets for $1 Billion
September 7, 2017
Cenovus Energy has entered into an agreement with Canadian Natural Resources (CNRL) to sell its Pelican Lake heavy oil operations for $975m. The sale also includes Cenovus’ other miscellaneous assets in northern Alberta. The assets have a total production capacity
Refineries and Oil Rigs Shuttered by Harvey Coming Back Online
September 7, 2017
Oil industry infrastructure that was shut down as Hurricane Harvey ravaged the Gulf Coast of Texas is starting to come back online, Axios reports. Eight refineries representing 11.4 percent of U.S. refining capacity are beginning procedures to restart, a process
Department of Energy Fast Tracks Natural Gas Exports
September 7, 2017
The Department of Energy announced a proposed rule Friday that fast-tracks small scale export of natural gas to countries in Central America and South America. Many of the countries in South America do not generate enough liquefied natural gas demand
Jacobs to Acquire CH2M to Create Premier $15 Billion Global Solutions Provider
September 6, 2017
Jacobs Engineering Group Inc. and CH2M HILL Companies Ltd. have entered into a definitive agreement under which Jacobs will acquire all of the outstanding shares of CH2M in a cash and stock transaction with an enterprise value (EV) of approximately
Valiant Midstream Secures $150 Million Equity Commitment from Tailwater Capital
September 6, 2017
Valiant Midstream, headquartered in Oklahoma City, has received a $150 million commitment from a Dallas-based energy private equity firm, Tailwater Capital. Valiant Midstream is focused on providing innovation, energy and results to midstream customers in the Mid-Continent and across North
Williams Partners Receives Key Permits for Atlantic Sunrise Project, Pennsylvania
September 6, 2017
Williams Partners L.P. said that the Pennsylvania Department of Environmental Protection (PADEP) and U.S. Army Corps of Engineers have issued required permits for the Atlantic Sunrise pipeline project, an expansion of the existing Transco natural gas pipeline to connect abundant
Page 640 of 754 pages ‹ First < 638 639 640 641 642 > Last ›
