Enbridge bets big on US gas with $9.4 billion Dominion deal
“The assets we are acquiring have long useful lives and natural gas utilities are ‘must-have’ infrastructure for providing safe, reliable and affordable energy.”
Pipelines
Diver, contractor blame Paria for preventing pipeline worker rescue
Scrutiny of Paria Fuel Trading and contractor LMCS is mounting in Trinidad & Tobago following a deadly accident in late February.
Questions mount in Trinidad as pipeline accident kills four divers
Trinidad & Tobago’s Occupational Safety and Health Authority and Agency (OSHA) has launched an investigation into the death of a number of divers.
TechnipFMC lands large contract for Petrobras Buzios 6 field off Brazil
TechnipFMC has won a “large” engineering, procurement, construction and installation (EPCI) deal with Petrobras for the Buzios development off Brazil.
Enterprise to buy permian pipeline operator Navitas for $3.3billion
Enterprise Products Partners LP agreed to buy Navitas Midstream Partners LLC from Warburg Pincus LLC for $3.25 billion in cash to add natural gas pipeline and processing assets in the Permian Basin, the world’s most prolific shale basin.
Oil declines as hack-hit US pipeline works to restart flows
Oil fell as traders monitored the worsening fallout from the closure of the largest U.S. oil-products pipeline, and looked ahead to OPEC’s latest analysis of global supply and demand.
Oil up as cyberattack knocks out US pipeline
Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the U.S. out of action.
Keystone XL may be sold for scrap if Biden moves to kill it
The Canadian province that invested $1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds.