Canada
Canada Likely to Delay Trans Mountain Pipeline Sale
The Canadian government will likely stall the sale of the Trans Mountain oil pipeline until after the national election in 2025.
Helmerich & Payne to Acquire KCA Deutag for $2B
H&P expects the acquisition of KCA Deutag to expand its international footprint, particularly in the Middle East, and enhance its global onshore drilling role.
Report: TC Energy Close to Selling $726MM Pipeline Stake to Indigenous Groups
The Canadian government has given preliminary approval for a loan to indigenous groups to buy a stake in TC Energy’s NGTL pipeline system.
Energy Transition in Motion (Week of July 19, 2024)
Here is a look at some of this week’s renewable energy news, including the launch of the California hydrogen hub.
Dividends Declared in the Week of July 15
Here is a selection of dividends declared in the week of July 15 for upstream, midstream and service and supply companies.
Despite 2Q Earnings Miss, Kinder Morgan Plans Gas Capacity Growth
Kinder Morgan's second quarter earnings fell short of expectations due to recent low gas prices, but remains bullish on natural gas demand and is moving ahead on projects in the Southeast U.S. and Williston Basin.
Detechtion Acquires Software Solutions Company EZ Ops
The acquisition of EZ Ops plans to enhance Detechtion’s presence in field service management and complements its Fieldlink product, which serves producers and service companies in inspection and maintenance.
US Wins $15B Arbitration Fight Over Keystone Pipeline Extension
Arbiters ruled that TC Energy had no case because NAFTA, under which the Canadian company planned the pipeline extension, was no longer in effect when the Biden administration canceled the project in 2021.
Upstream, Midstream Dividends Declared in the Week of July 8, 2024
Here is a selection of upstream and midstream dividends declared in the week of July 8.
Enverus Inventory Rankings: Pinpointing Shale’s Best Remaining Runway
The Montney Shale steals the spotlight in Enverus’ play rankings, while the Eagle Ford draws plaudits for its resilience.