Thursday, June 4, 2026
Pembina to Acquire Kinder Morgan Canada and Cochin Pipeline for CAD $4.35 Billion - Oil & Gas 360

Pembina to Acquire Kinder Morgan Canada and Cochin Pipeline for CAD $4.35 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360 Pembina Pipeline Corporation will purchase Kinder Morgan Canada and U.S. portion of Cochin Pipeline for CAD $4.35 billion Pembina Pipeline Corporation (stock ticker: PBA), a midstream service provider based out of Calgary, has entered into agreements to acquire Kinder Morgan Canada Limited (stock ticker: KMLGF) and the U.S. portion of the

Citgo Gets U.S. Subpoena Related to Venezuela Bribery Probe - Oil & Gas 360

Citgo to Appoint New CEO to Navigate Political, Legal Turmoil – Sources

From Reuters Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert and native Venezuelan to run a company facing legal attacks and working under U.S. sanctions against parent Petroleos de Venezuela (PDVSA). Citgo cut ties with PDVSA earlier this year after U.S. President

Illinois Frac Ban

Illinois Decision to Allow Fracing will Stand

A judge in southwestern Illinois has denied a bid by a landowners group to suspend the state’s new rules for high-volume oil and gas drilling, ruling that the plaintiffs failed to show they would suffer immediate harm if fracing was to go forward, reports Kentucky.com. Madison County Circuit Judge Barbara Crowder rejected the request for a preliminary injunction on Friday,

Colorado Energy Overhaul Bill Achieves Final Passage, Heads to Governor Polis - Oil & Gas 360

Lawsuits are Already Underway in Illinois to Stop Oil & Gas Development

It didn’t take much longer than a cup of coffee before the lawsuits began to fly after Illinois completed its new oil and gas rules last week, which would have opened the door to new energy development that some business leaders called a coming boom. Landowners and an environmental activist organization are suing the governor of Illinois and the head

New Drilling Rules Pass in Illinois

Illinois Prepares to Join the Energy Boom

After a Year of Haggling, Lawmakers Greenlight New Drilling Rules On Nov. 6, lawmakers in Illinois signed off on rules to regulate high-volume oil and gas drilling and completions, paving the way for what local industry hopes will result in unleashing the energy boom in southern Illinois. An Illinois “fracing law” was passed by the state legislature in 2013 and