Regulators OK $27 Billion Megamerger of Canadian Pacific, Kansas City Southern Railroad

Canadian Pacific Railway and Kansas City Southern’s new CPKC rail system creates the only crude-by-rail and refined products network spanning Canada to Mexico.

CEO: Enbridge Building North American ‘Super System’ Through Investment, M&A

Calgary-based midstream giant Enbridge is investing billions to grow its oil and gas pipeline network and storage capacity, President and CEO Greg Ebel told Hart Energy.

Williams’ Zamarin on Adding Pipe: ‘We’re Not Giving Up’

Currently, “anyone can effectively bring … litigation against one of our projects and it gets you caught in the courts forever,” said Chad Zamarin, Williams Cos. executive vice president, corporate strategic development, who argued a minimum reasonable threshold should be required. 

E&P Highlights: March 13, 2023

Here’s a roundup of the latest E&P headlines including first gas offshore Egypt and FEED updates in the upstream oil and gas industry.

Putin Ally Says US, UK Sowing Deception Over Nord Stream

Last week the New York Times reported that intelligence reviewed by U.S. officials suggested that a pro-Ukraine group — likely comprised of Ukrainians or Russians — attacked the pipelines in September.

Keystone Pipeline Oil Flows Won't Change After US Orders Pressure Cut, CEO Says

The Keystone Pipeline has already been operating within the requirements of the new order from the Pipeline and Hazardous Materials Safety Administration, CEO François Poirier said in an interview.

A&D Minute: Canada's Baytex Energy Expands in Eagle Ford in a Big Way [WATCH]

Also in this week's A&D Minute: Aramco completed its acquisition of Valvoline's global products business for $2.65 billion and pipeline operator Enbridge acquired a 5-Bcf salt cavern storage facility in Texas for $335 million. 

Nord Stream Pipelines’ Saboteurs Still Unknown, NATO Chief Says

The New York Times reported on March 7 that new intelligence reviewed by U.S. officials had indicated that a pro-Ukrainian group sabotaged the Nord Stream pipelines that carried natural gas from Russia to Europe.

NGL Energy Partners Sells Off Marine Fleet to Pay Debt

NGL Energy Partners, a midstream MLP, said it was selling its towboats and tank barges for about $111 million.

Kremlin: Nord Stream's Future is Decision for All Shareholders

Moscow does not see relations with the West improving enough in the foreseeable future for the Nord Stream gas pipelines to be needed.