Darren
Barbee
Oil and Gas Investor
Perma-Pipe International Holdings, Saudi Arabia Form Joint Venture
Perma-Pipe International Holdings will hold 60% of the joint venture, while Zamil Industrial Investment subsidiary Gulf Installation Group will hold the remaining 40%.
Winter Storm, Outages Reduce Cenovus Refining Capacity
Refining operations in Texas, Illinois and Canada were affected by extreme cold and other challenges, according to Cenovus Energy.
DCP Midstream to Sell Interests to Phillips 66 for $3.8 Billion
The cash deal, which includes the assumption of debt, will increase Phillips 66’s interest in DCP Midstream to 86.8% and offer potential synergies of at least $300 million.
US Pipeline Regulator Probing 60-bbl Leak on Colonial's Line 3
Colonial Pipeline's Line 3 pipeline was shut for unscheduled maintenance in response to a "product release" on Jan. 4.
Abundant Cash Flow Fueled Batch of Midstream Deals as 2022 Ended
Variety of transactions share little in common other than sharing little in common, expert says.
Hydrogen Initiatives Expand Opportunities for Midstream, But How Will Operators Respond?
Midstream investments face an uphill battle over supply and demand dynamics, permitting headaches and a lack of direct CCS incentives.
A&D Minute (Jan. 4, 2023): Williams' Monster Midstream Acquisition [WATCH]
Also in this week's A&D Minute: Targa Resources snatched up Blackstone's 25% stake in the Grand Prix NGL Pipeline, and check out which companies snuck midstream deals in before the new year.
Shell Shut One of Two Production Trains at Australian QCLNG Plant on Pipe Issue
The other LNG train remains operational while the plant undergoes maintenance until Jan. 16.
Targa to Buy Remaining Stake In NGL Pipeline From Blackstone For $1.05 Billion
Targa Resources will purchase a 25% stake from Blackstone Energy Partners after Targa acquired 75% interest in the pipeline in 2022.
Brazil's Petrobras to Play Leading Role on Refinery Expansion -New Energy Minister
New National Energy Transition Secretariat position will also be created to structure public policy around Brazil's prominency in clean energy.