TC Energy, Ex-Columbia Execs Must Face Lawsuit over $10 Billion Deal

Judge rules that top execs will stand trial in suit by investors.

Pembina Can No Longer Predict Start Date for Oregon Jordon Cove LNG

The $8 billion Jordan Cove LNG export project in Oregon is one of several major energy projects that received strong support from former U.S. President Donald Trump but have since failed to move forward.

Judge Strikes Down Williams Cos.’ ‘Poison Pill’ Takeover Defense

Williams’ “poison pill” was found by a Delaware judge to be a disproportionate response to the threat that an activist investor might swoop in when the stock was at a low point during the start of the pandemic.

Enbridge Subsidiary Launches Green Hydrogen Injection Project

Gazifère, an Enbridge subsidiary, and Evolugen, the Canadian operations arm of Brookfield Renewable, revealed plans on Feb. 25 to build and operate one of Canada’s largest green hydrogen injection projects in Quebec.

Trans Mountain Seeks to Shield Insurers of Oil Pipeline

Disclosing Trans Mountain’s insurers publicly may result in pressure that shrinks its pool of potential insurers and raises premiums for the oil pipeline and its shippers, the corporation says.

Tailwater Capital Strikes Midstream Deal With NorTex

The NorTex Midstream deal follows the acquisition of Tall Oak II and III by Tailwater Capital last month in Oklahoma’s Arkoma STACK.

Cheniere to Provide LNG Cargo Emissions Data in Environmental Push

Cheniere Energy’s move to start providing greenhouse gas emissions data associated with each LNG cargo produced is a “critical first step for the industry” to improve its environmental performance, says CEO Jack Fusco.

Biden, Trudeau Move Past KXL Dispute with Climate Change Pledge

U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau made it clear during their first bilateral meeting that they wanted to put the Keystone XL pipeline dispute behind them and work together.

Macquarie Capital Launches LNG Project Development Platform

WaveCrest Energy will initially focus on Latin American and Asian markets, helping enable a switch to natural gas, Macquarie Capital said.

ArcLight Buys Stake in Kinder Morgan, Brookfield JV for $830 Million

The value of the sale to ArcLight implies an enterprise value of about $5.2 billion for NGPL, jointly owned by Kinder Morgan and Brookfield Infrastructure Partners, which represents 11.2 times its 2020 EBITDA.