Friday, December 19, 2025

Enbridge Energy Partners Approves Alberta Clipper Pipeline Drop Down Acquisition and 3 Percent Initial 2015 Distribution Increase

Enbridge Energy Partners L.P. (NYSE: EEP) (NYSE: EEQ) (“EEP” or the “Partnership”) announced today that agreement has been reached on the terms of the drop down to the Partnership of the remaining 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline from its general partner, Enbridge Energy Company, Inc., (“EECI”), a U.S. affiliate of Enbridge Inc. (NYSE:ENB)

LNG

The State of LNG in Australia

Some LNG projects in Australia in trouble Planned Australian liquefied natural gas (LNG) export projects are at risk as sinking energy prices make investments unviable, reports Reuters. A nearly 50% slump in Asian LNG prices this year has pressured any project without a Final Investment Decision (FID). Last week, Woodside Petroleum Ltd. (ticker: WPL) delayed the FID for its $40

Economy Grows Most Since ’03 on U.S. Consumer-Spending Gains

Story by Bloomberg The U.S. economy roared into overdrive in the third quarter as consumer and business spending fueled the biggest expansion in more than a decade. Gross domestic product grew at a 5 percent annual rate from July through September, the biggest advance since the third quarter of 2003 and up from a previously estimated 3.9 percent, revised figures

Hawaii Consumers Get Biggest Lift From Oil’s Collapse

Story by Bloomberg Hawaii, the U.S. state with the most expensive gasoline and power, also stands to get the most benefit from the collapse in oil prices. The string of remote Pacific islands is more dependent on oil than any other state, burning it in power plants as well as cars and trucks. The plunge in oil prices is already

Southwestern Energy Continues Appalachia Acquisition Spree with $394 Million Deal

One day after closing on its $4.975 billion acquisition for 413,000 net acres in West Virginia and southern Pennsylvania, Southwestern Energy (ticker: SWN) spent another $394 million to increase its working interest. On December 23, 2014, SWN secured a 20% stake of Statoil’s (ticker: STO) remaining working interest, which equates to 30,000 acres and 29 MMcfe/d net to Southwestern. The

Want to ban fracking? Be ready to pay up under Colorado Legislature bill

Story by the Denver Business Journal Counties that enact a ban on fracking would have to compensate the owners of mineral rights under a bill Rep. Perry Buck, R-Windsor, plans to introduce during the 2015 legislative session. Senator-elect Jerry Sonnenberg, R-Sterling, will sponsor a similar bill in the Senate, he said. “It’s only fair, if you have an asset like

Canadian E&P

Oil & Gas 360®’s Canadian E&P Wrap-up

After five weeks of reviewing Canada’s E&P companies, Oil & Gas 360® offers its wrap up on this particular section of the industry as we move into 2015. Based on EnerCom’s E&P Weekly report, which was used to gather all the financial metrics used in the Canadian E&P Weekly series, we have compared all of the companies together in one

Will Oil & Gas Operators Come Together with Local Homeowners in 2015? Oil & Gas 360

Will Oil & Gas Operators Come Together with Local Homeowners in 2015?

What to Expect Before You Begin Drilling 500 Feet from a Group of Million Dollar Homes Colorado’s Oil & Gas Task Force Offers Oil & Gas Operators, Local Homeowners Some Preliminary Solutions Drilling the Niobrara was a check-the-box kind of routine for most of the oil companies operating in northern Colorado for the past 50 years. Secure the leases, file the forms, get your