Company News

Russia's Gazprom Seeks More Capacity to Transport Gas Through Ukraine — Naftogaz

The head of Ukraine's state natural gas firm Naftogaz said Russia's Gazprom has approached them seeking to book more transport capacity on its natural gas pipelines to Europe.

Produced Water Spills from Husky Energy Oil Pipeline

A produced water spill was discovered during a routine inspection on a Husky Energy oil pipeline in northwestern Alberta on Monday.

Exxon to Cut 14,000 Jobs as Pandemic Hits Oil Demand

Exxon announced on Thursday that it would cut its global workforce by about 15% or about 14,000 jobs as the coronavirus pandemic has continued to suppress oil demand around the world.

TC Energy Sees Higher Costs for Coastal Gaslink Pipeline

TC Energy told investors on Thursday that it expects the cost for its Coastal Gaslink Pipeline in British Columbia to rise compared to previous estimates due to increased scope, permitting delays, and impacts from the pandemic.

China's Sinopec Completes Qingdao-Nanjing Gas Pipeline Construction

China's Sinopec announced on Tuesday it had completed construction of a natural gas pipeline connecting the Qingdao LNG terminal to Nanjing city in the Jiangsu province.

EQT Corp to Buy Chevron Appalachian Assets, Pipeline Stake, for $735 Million

EQT announced it has agreed to purchase assets from Chevron in the Appalachian basin, including a stake in Laurel Mountain Midstream, for $735 million.

Enterprise Crude Pipeline Transport Volumes Drop Over 26% on Oil Price Plunge

Enterprise Products reported on Wednesday that crude volumes on its pipelines fell 26.1% as lower fuel demand caused by the coronavirus pandemic forced producers to slash output.

TC Energy to Begin Construction on NGTL Expansion Project

TC Energy has received approval from the Canadian government for its 2021 NOVA Gas Transmissions Ltd. (NGTL) System Expansion Project.

Cenovus Energy to Cut Up to 25% of Combined Workforce After Husky Deal — Companies

Cenovus Energy announced on Tuesday plans to cut between 20 and 25% of its workforce once it finalizes the acquisition of Husky Energy.

DTE Energy to Spin Off Gas Pipeline Business

Michigan utility DTE Energy announced on Tuesday it is spinning off its gas pipeline business into a publicly-traded company.

Canada's Cenovus to Buy Husky for $2.9 Billion

Canada's Cenovus Energy has agreed to purchase Husky Energy for nearly $3 billion as the industry is forced to consolidate amid the pandemic continues to suppress demand.

Judge: Michigan Regulator Can Evaluate Enbridge Pipeline Tunnel Plan

A Michigan judge ruled on Friday that a state regulatory agency has some authority to evaluate Enbridge's Line 5 pipeline tunnel plans, but should not consider broader implications of the pipeline's contribution to climate change in its evaluation.

IEnova Expects Mexican Export Permit for Costa Azul LNG This Year

IEnova, a unit of Sempra Energy, still expects to receive a permit from Mexico for its Costa Azul LNG export facility by the end of the year.

Gulf Energy Information Introduces Hydrogen Data with New Platform

Gulf Energy Information has launched Global Energy Infrastructure (GEI), a comprehensive dataset covering projects across the energy industry.

Brooge Energy Begins Preconstruction Work on Phase III Oil Storage Facility

Oil storage firm Brooge Energy has begun preconstruction work on Phase III of its storage facility outside the Straight of Hormuz in the United Arab Emirates.

Kinder Morgan Permian Highway Still on Track as Profit Falls

U.S. pipeline operator Kinder Morgan told investors on Wednesday that its Permian Highway pipeline was still on track to begin service in 2021 even as quarterly profit fell 10% due to lower shipping volumes.

FERC Approves Kinder Morgan Acadiana Expansion Project

The U.S. Federal Energy Regulatory Commission has approved Kinder Morgan Louisiana Pipeline’s Acadiana Project.

Kleinfelder Completes Acquisition of Gas Transmission Systems

San Diego-based Kleinfelder Group said it has acquired utilities and pipeline services firm Gas Transmission Systems (GTS) for an undisclosed sum.

Fluor Awarded Pipeline Construction, Maintenance Contract in Peru

Fluor has been awarded a pipeline construction and maintenance contract in Peru by Compañía Operadora de Gas (COGA) under the Consorcio Mantenimiento de Gasoductos del Peru (CMgP) consortium.

Shale Producer Pioneer Natural to Buy Parsley Energy for $4.5 Billion

Pioneer Natural Resources announced on Tuesday its intention to purchase Parsley Energy in an all-stock deal valued at $4.5 billion.

ROSEN Group Headed for Hydrogen

With more than 30 years of experience in pipeline integrity management, the ROSEN Group is investing in a new challenge to support operators in the transition toward a low-carbon future.

Majors Win Distinguished Pipeline Safety Awards

Citgo, Colonial and Marathon were the big winners of the American Petroleum Institute (API) 2019 Distinguished Pipeline Safety Awards.

Blackbuck Resources Acquires Whites City Water Infrastructure from Cimarex Energy

Blackbuck Resources has acquired water infrastructure assets from Cimarex Energy.

TechnipFMC Awarded EPCI Contract for Equinor Breidablikk Pipelay and Subsea Installation

Oil and gas services frim Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract for Equinor's Breidablikk subsea pipelaying project.

ConocoPhillips to Buy Concho Resources for $9.7 Billion

ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector continued to consolidate amid lower fuel prices and demand.

ADNOC to Divest 20% Stake in Gas Pipeline Assets

ADNOC has announced a 20% sale of its gas pipeline assets to the Abu Dhabi Pension Fund and a regional holding company, ADQ.

Enbridge Completes North Dakota Stretch of Line 3 Replacement Project

Enbridge announced on Wednesday that the Canadian pipeline company has completed the North Dakota portion of its Line 3 replacement project.

Illinois Approves Expansion of Dakota Access Oil Pipeline

Regulators in Illinois approved on Wednesday Energy Transfer's expansion plan for the Dakota Access pipeline.

Oryx Launches Binding Open Season on Proposed New Gathering System

Oryx Midstream has launched a binding open season to solicit shipper interest in a proposed new gathering system to transport crude from Eddy County, New Mexico to an interconnect with the Trans Permian Pipeline System.

Trans Mountain Agrees to Reroute Pipeline Around Indigenous Area

After years of litigation, Trans Mountain has agreed to reroute a portion of its expansion project around an indigenous area, according to a filing with Canadian energy regulators.