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Perma-Pipe Awarded $10MM in Contracts for Infrastructure Development in Saudi Arabia
Perma-Pipe International Holdings Inc. has been awarded $10 million’s worth of new contracts in Saudi Arabia, most of which will be delivered in the third quarter.
Williams Wins Latest Louisiana Court Battle with Energy Transfer
Williams and Energy Transfer, at loggerheads over pipeline rights of way, are also awaiting a FERC ruling over the Louisiana Gateway Project.
Trans Mountain Pipeline Begins Work
The first oil cargo tanker, Suncor’s Dubai Angel, will load at the expanded Trans Mountain Pipeline’s crude terminus in Vancouver.
Infrastructure Company Savage Acquires Houston’s Texon
Texon, a midstream service provider, will continue operations under its legacy brand.
The Latest
Analyst: US NGL Market Tightens Links to Crude, NatGas Production
A boost in propane and ethane development is tied to the opening of the Matterhorn Pipeline in the Permian, evidence of the increasingly closer link between different sectors of the energy industry.
Bakken Pipeline’s Oil-to-NGL Switch Could Prove Costly
Kinder Morgan’s challenge to ONEOK over Bakken NGL could upset the market’s balance.
Shell Sells Pipeline, Terminal Assets to Edgewater Midstream
Shell is selling its Sinco pipeline system and Colex terminal assets that have been historically integrated with the Deer Park Refinery, which Shell sold to Pemex in 2022.
ONEOK Secures Traffic for Growing Midstream Network with $5.9B Deal
ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating.
ONEOK to Acquire Permian’s EnLink, Medallion Midstream for $5.9 Billion
ONEOK will acquire Global Infrastructure Partners’ interests in EnLink Midstream and Medallion Midstream, which add scale in the Permian, Midcontinent and Louisiana, in separate transactions valued at $5.9 billion.
‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024
The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.
Objection: Energy Execs Indict DC Appellate Court’s LNG Rulings
An ongoing battle with the D.C. Court of Appeals may affect all future FERC-related projects.
Trans Mountain Appoints New CEO, President
Trans Mountain appointed Mark Maki to CEO, succeeding Dawn Farrell who will now be chairman of the board.
Canada’s Train Strike Goes Off—Then Back On—the Rails
After the Canadian government stepped in to end the work stoppage, the Teamsters Union indicated that the strike would go forward.
Enbridge Cuts Toll to Transport Crude from Canada to Gulf
The change comes three months after Canada tripled capacity to 890,000 bbl/d on the Trans Mountain Pipeline.