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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
ONEOK’s EnLink/Medallion Deal is Market-wise, Financially Astute
In addition to bolstering its multi-basin network, ONEOK pulled off a $5.9 billion transaction while leaving its credit rating intact.
Oil Prices Jump 4% on US Storm, Israel-Iran Fears
Oil prices jumped about 4% on Oct. 10 on a spike in U.S. fuel use before Hurricane Milton barreled across Florida, Middle East supply risks and signs that demand for energy could grow in the U.S. and China.
LNG Sector Under Fire as Activists’ Lawsuits Surge
ESG litigation is increasingly affecting the LNG industry while, more broadly, nearly 70% of climate-related cases are filed in the U.S.
Enbridge Embraces AI to Advance Operations with Microsoft Tools
Enbridge, which has been at work on a software modernization project since 2020, is collaborating with Microsoft for improvements to efficiency and emissions reductions.
Howard: The Implications of ONEOK's M&A Binge
ONEOK’s M&A binge has propelled it to near the top of the sector. With so much midstream consolidation, what are its implications?
Florida Gas Stations Run Empty Amid Panic Ahead of Hurricane Milton
Terminals, pipelines and gas stations are shutting down in Florida as the state readies for the impacts of Hurricane Milton.
Finding Solutions in Unconventional Plays
How the industry is addressing the challenges and opportunities surrounding produced water.
Tailwater E&P CEO Details Recent Core Permian Acquisition
Tailwater E&P CEO Doug Prieto said the firm put together funding for the deal from institutions, investors and family offices looking for “high quality assets that have durable cash flow.”
As Midstream Wobbles on IRA and ESG, a New Trend Opens Up for Sector
Enthusiasm for the Inflation Reduction Act (IRA) and ESG in the midstream sector is waning. Players are turning to a new trend—asset-backed securitization.
Sable Offshore Plans Restart of Subsea Pipeline After 2015 Shutdown
Sable Offshore Corp. says the permits needed to begin operations on the Santa Ynez line offshore California, which shut down due to an oil leak in 2015, are not yet in place.