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Atlantic Sunrise Files for Rehearing on FERC Certification of Pipeline Through Nesbitt Parcel, Pa.
March 30, 2017
A spokesperson for an intervenor in the proposed construction of the Atlantic Sunrise Expansion gas pipeline has filed a motion for rehearing concerning FERC’s certification of the massive construction project. Without a quorum to consider the rehearing request, the approval
Open Season for Trans Mountain Expansion Concludes, Canada
March 30, 2017
Trans Mountain has successfully concluded a supplemental open season for 22,000 barrels per day of capacity on its planned expanded pipeline, subject only to final shipper board approval for that volume. The company is pleased to have all available long-term
NTE Energy Secures North Carolina Utilities Commission Certificate for Its Reidsville Energy Center
March 28, 2017
NTE Energy was granted its final certificate of public convenience and necessity (CPCN) from the North Carolina Utilities Commission on January 19, 2017 for its Reidsville Energy Center, a required approval for the project to commence construction. Currently under development,
Five Exelon Utilities Issue Request for Proposals Regarding Aggregation of Capacity Resources in PJM
March 28, 2017
Five Exelon utilities — Atlantic City Electric, Baltimore Gas and Electric Company, Commonwealth Edison, Delmarva Power, and Potomac Electric Power Company — have issued a joint-utility request for proposals (RFP) from winter resources to aggregate with the Exelon utilities’ summer
RPSEA and SEAM Sign MOU to Partner on Future Cutting-Edge Energy Research
March 27, 2017
The Research Partnership to Secure Energy for America (RPSEA) and the SEG Advanced Modeling Corporation (SEAM), a subsidiary of the Society of Exploration Geophysicists (SEG), has signed a memorandum of understanding (MOU) to combine resources and jointly pursue research projects
M2 Infrastructure and TransCanada to Pursue Development of New Crude Oil Storage, Oklahoma
March 27, 2017
M2 Infrastructure LLC has entered into a memorandum of understanding with TransCanada Corporation to pursue construction of 6.2 million barrels of new crude oil storage at TransCanada’s terminal in Cushing, Oklahoma. Cushing is the most active crude oil trading hub
Enterprise Acquires Azure Natural Gas Gathering System in Texas and Louisiana for $189 Million
March 27, 2017
One of Enterprise Products Partners’ affiliates has execute a definitive agreement to acquire the midstream business and assets of Azure Midstream Partners, L.P. and its operating subsidiaries (Azure) in East Texas and North Louisiana. The agreement was the result of
Pioneer Natural Resources to Sell Northeastern Martin County Acreage for $266 Million, Texas
March 27, 2017
Pioneer Natural Resources has signed a purchase and sale agreement with an undisclosed buyer to sell its previously-announced acreage package in northeastern Martin County, Texas, for $266 million, subject to normal closing adjustments. The sale is effective January 1, 2017.
Marathon Oil to Buy More Permian Basin Acreage from Black Mountain for $700 Million, Mexico
March 24, 2017
Marathon Oil has agreed to buy an additional acreage of nearly 21,000 net surface acres in the Permian Basin for $700m from Black Mountain Oil & Gas and other private sellers. The newly bought land by Marathon which is primarily
TransCanada Suspends $15 Billion NAFTA Lawsuit Over Keystone XL Project
March 22, 2017
TransCanada has suspended its $15bn North American Free Trade Agreement (NAFTA) lawsuit which was filed against the US government for the Keystone XL pipeline project. The suspension of the challenge indicates that the firm seems to be pinning hopes on
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