Category: Pipelines

House passes Green’s bill to boost border-crossing energy projects

Before the House voted 238-173 to pass legislation streamlining permits for border crossing energy projects on Tuesday, Rep. Gene Green played a pivotal role lining up support for the measure.  More »

Rumored Targa deal a bust, but firm is ripe for buyout

The rumored $15 billion deal for control of a Houston natural gas pipeline operator never got past the initial talks, Targa Resources said after its shares soared on reports it was closing in on a sale.  More »

Enbridge’s toughest Gateway Pipeline tests still to come

Aboriginal and environmental groups are preparing legal challenges and blockades to halt construction of the pipeline.  More »

Shell to sell shares in US pipeline unit amid energy boom

Royal Dutch Shell Plc will sell shares in a U.S. pipeline business in the second half of this year as Europe’s largest oil company takes advantage of investor appetite for North America’s energy infrastructure.  More »

Canada OKs oil pipeline to the Pacific Coast

Prime Minister Stephen Harper has been a staunch supporter of Enbridge’s proposed Northern Gateway pipeline after the U.S. delayed a decision on TransCanada’s Keystone XL pipeline,  More »

Private equity firm adds $2.5B to energy infrastructure funding

First Reserve has closed on a $2.5 billion fund to back energy infrastructure, more than doubling the capital it had gathered to inject into pipeline, storage and liquefied natural gas projects.  More »

Southcross-TexStar deal focuses on Eagle Ford midstream

Southcross Energy LLC is buying a large part of TexStar Midstream Services – a midstream combination that will include 3,700 miles of pipeline, four processing plants and three fractionation facilities in the Eagle Ford Shale region.  More »

Williams buying rest of Access Midstream Partners for $6 billion

The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.  More »

Enterprise to build ethane export facility at Houston Ship Channel

Houston-based pipeline company Enterprise Products Partners has signed a 30-year agreement with the Port of Houston Authority and will build its previously-announced ethane export facility at the Houston Ship Channel, the company said Thursday.  More »

BP launches first FAA-approved commercial drones over Alaska land

BP has launched a landmark drone program in Alaska after winning the first federal approval to fly unmanned aerial vehicles over land for commercial purposes.  More »

Former Copano execs get $500M to start new pipeline firm

The executives who sold Copano Energy to Richard Kinder’s pipeline empire for $3.2 billion last year have lined up $500 million to start a new oil and gas pipeline company.  More »

Bulgaria halts work on Gazprom gas pipeline

Bulgaria’s prime minister has ordered on Sunday a halt to construction work on the Gazprom-led South Stream pipeline project planned to bypass Ukraine as a transit country and consolidating Russia’s energy grip in Europe.  More »