Brookfield Asset Management is nearing a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation network, for more than $9 billion including debt, sources say. A formal announcement could come within weeks.
BW LPG Limited has signed a Memorandum of Agreement to sell two Very Large Gas Carriers (VLGCs) — the BW Pampero and BW Chinook — to BW LPG India, its joint venture with Global United Shipping.
Gulf Energy Information is pleased to announce that nominations are now open for the 2025 Gulf Energy Information Excellence Awards, the premier international honors recognizing outstanding innovation, leadership, and achievement across the global energy sector.
Elliott Investment Management has filed suit against Phillips 66, accusing the company of boardroom gamesmanship and seeking nomination rights for four director seats at the 2025 annual meeting.
Williams Cos. has announced that Micheal Dunn, Executive Vice President and Chief Operating Officer, will retire effective May 2, 2025. Dunn, who has been with the company for over three decades, has played a pivotal role in shaping Williams into a unified, industry-leading operating company.
Enbridge Inc. has appointed Steven W. Williams as its new Chair of the Board, effective May 7, 2025, following the retirement of current Chair Pamela L. Carter.
HYLAN, a market-leading provider of full-service turnkey communications solutions, electrical infrastructure design, and utility construction services, is expanding its capabilities with the launch of its new Pipeline Division.
Elliott Investment Management has built a $2.5 billion stake in Phillips 66 and is pushing for the sale of its midstream business. The activist investor argues that urgent changes are needed to boost shareholder returns, including divesting midstream assets and restructuring operations.
For the first time since 2022, Pipeline & Gas Journal will host a midstream event to discuss construction and corrosion challenges, and to explore what lies ahead in what is expected to be a more favorable regulatory and permitting climate.
Fletcher, who has served as NSMP’s chief commercial officer for the past year, takes over as the midstream operator continues efforts to support UK energy security and transition efforts.
ONEOK Inc. has completed its acquisition of EnLink Midstream LLC, strengthening its integrated midstream operations and diversifying its platform. The transaction was approved by EnLink unitholders at a special meeting on Jan. 30.
M Wright Services, a pipeline construction company based in Weatherford, Oklahoma, has received a minority investment from Velocity Management Advisors, a partnership of seasoned midstream professionals.
Northwest Natural Gas Company (NW Natural) has announced the appointment of Kim Rush as its next president, effective April 1, 2025. Rush, a 26-year veteran of the Portland-headquartered utility, will take on full strategic, financial, and operational responsibilities for the company.
U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp. for $16.4 billion, marking one of the biggest acquisitions in the history of the U.S. power industry.
Chevron is positioned to increase its free cash flow by $6 billion to $8 billion by next year, and reduce expenses by "a couple billion dollars," said Chevron CEO Michael Wirth on Wednesday.
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