Power Outages from Nicholas Disrupt Energy Production, Vessel Activity
Nicholas made landfall as Category 1 hurricane on Sept. 13, the second storm in two weeks to hit major oil and refining hubs at the U.S. Gulf Coast which were just starting to recover.
Colgate Flips Occidental Petroleum Water Asset in Sale to WaterBridge
Colgate Energy agreed to sell the produced water infrastructure associated with its recent $508 million asset acquisition from Occidental Petroleum in the Permian Basin.
US Energy Firms Face Another Storm amid Slow Recoveries from Ida
Nicholas is the second cyclone to threaten the U.S. Gulf Coast energy complex after Hurricane Ida wreaked havoc on still-recovering oil production and refining facilities in late August and early September.
Chevron Forms JV to Advance Carbon Capture from Midcon, Gulf Coast Operations
Chevron’s partnership with Enterprise Products Partners has the potential to advance the U.S. oil major’s ongoing work to grow its lower carbon businesses with commercial scale, says Jeff Gustavson, president of Chevron New Energies.
Russia’s Nord Stream 2 Pipeline Completes Construction
The much-politicized Nord Stream 2 pipeline will double Russia’s gas exporting capacity to Europe via the Baltic Sea and will allow Moscow to circumvent its political foe Ukraine.
Enbridge Acquires EnCap Flatrock-backed Moda Midstream in $3 Billion Cash Deal
The acquisition of Moda Midstream, which includes 100% operating interest in the Ingleside Energy Center—North America’s largest crude export terminal—significantly advance Enbridge’s U.S. Gulf Coast export strategy.
Alaska Court Orders Regulators to Examine Hilcorp Pipeline Leak
The court said the Alaska Oil and Gas Conservation Commission improperly rejected a petition for a hearing on a leak from a Hilcorp Energy Co. pipeline that lasted for several months in 2017.
Energy Transfer to Buy Solar Energy from North Texas Project
Energy Transfer signed the 15-year power purchase agreement with San Francisco-based SB Energy for 120 megawatts of electricity from its Eiffel Solar project in northeast Texas.
EPIC Midstream Appoints Michael Garberding as CFO
Michael Garberding’s career has spanned across all aspects of corporate strategy, business development and finance and accounting in various energy companies, including as president and CEO of Enlink Midstream.
Venture Global Set to Become America's Top LNG Supplier to Poland
Venture Global CEO Mike Sabel said "pivoting towards cleaner natural gas from the United States will not only increase Poland's energy security but also decrease its carbon emissions."