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Pipeline Operator Enterprise Products to Buy Pinon Midstream for $950 Mln

Conventional Energy, Latest, Natural Gas, US News / By

Pipeline operator Enterprise Products Partners said on Wednesday it will buy smaller peer Pinon Midstream for $950 million in cash to expand its natural gas infrastructure. The oil and gas pipeline industry has seen increased consolidation since last year as U.S. production grows and as problems with permits for new pipelines have made existing operators …

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COMMENTARY: Vance Attacks Harris on Energy by Cherry-Picking Facts

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By

It’s dishonest to focus on affordability and ignore the risks — and costs — associated with emissions-driven climate change By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. A few days before …

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One Killed After Natural Gas Pipeline Explodes In Louisiana

Conventional Energy, Latest, Natural Gas, US News / By

The US Coast Guard is investigating a fatal blast at a natural gas pipeline in Louisiana. A contractor working on a pipeline near South Pass, Louisiana, went missing after an explosion and fire late Saturday, Coast Guard spokesman Ryan Schultz said. Local police found the deceased individual around 10 a.m. local time on Sunday. The …

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One Killed After Natural Gas Pipeline Explodes In Louisiana

Conventional Energy, Latest, Natural Gas, US News / By

The US Coast Guard is investigating a fatal blast at a natural gas pipeline in Louisiana. A contractor working on a pipeline near South Pass, Louisiana, went missing after an explosion and fire late Saturday, Coast Guard spokesman Ryan Schultz said. Local police found the deceased individual around 10 a.m. local time on Sunday. The …

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Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, Oil / By

Establishes QB Energy to Own and Operate the Piceance Assets Existing Quantum Portfolio Company KODA Resources to Own and Operate the Uinta Assets HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) — Quantum Capital Group (“Quantum”) and Caerus Oil and Gas (“Caerus”) today announced the closing of a transaction under which Quantum, via two separate portfolio companies, …

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US Natgas Prices Jump 5% to Four-week High on Hotter Forecasts

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) U.S. natural gas futures jumped about 5% to a four-week high on Monday on a decline in output and forecasts for hotter weather next week than previously expected that should boost the amount of gas power generators burn to keep air conditioners humming. Front-month gas futures for September delivery on the New York Mercantile …

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Woodside Gets Environmental Go-Ahead for Scarborough Project; Key Green Group Backs Down

CDN and International News, Conventional Energy, Latest, Natural Gas / By

Summary Shares up 1.3% VS fall in energy index Australia’s laws work in favour of fossil fuel interests – ACF Scarborough commissioning key growth catalyst – analysts (Reuters) – Woodside’s $12.5 billion Scarborough gas project in Western Australia has all primary environmental approvals in place, the firm said on Monday, after a green group agreed …

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TC Energy Completes Sale of Portland Natural Gas Transmission System

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines, US News / By

CALGARY — TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System. Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.14 billion to a BlackRock fund and investment funds managed by Morgan Stanley Infrastructure Partners. The partner, Northern New England Investment …

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US Natgas Rises More Than 4% on Hotter Weather Forecasts, Lower Output

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) -U.S. natural gas futures rose more than 4% on Wednesday, supported by a drop in output and forecasts of hotter weather for the second half of August that could boost cooling demand and increase gas consumption by power generators to meet air conditioning needs. Front-month gas futures NGc1 for September delivery on the New York Mercantile …

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Vantage Drilling International Ltd. Reports Second Quarter 2024 Results

Conventional Energy, Latest, Natural Gas, Oil, Press Releases / By

DUBAI, United Arab Emirates, Aug. 13, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net loss attributable to shareholders of approximately $14.2 million or $1.07 per diluted share for the three months ended June 30, 2024, based on weighted average shares outstanding, as compared to a net income attributable …

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