Pipelines Archives - Page 42 of 44

TransCanada Awarded Contract to Build US$550 Million Natural Gas Tula – Villa de Reyes Pipeline in Mexico

April 11, 2016

MEXICO CITY, MEXICO and CALGARY, ALBERTA–(Marketwired – April 11, 2016) TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has been chosen to build, own and operate the Tula – Villa de Reyes pipeline in Mexico. Construction of the pipeline is supported by a 25-year natural gas transportation service contract for 886 million cubic feet a day with the Comisión

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

Inter Pipeline Announces April 2016 Cash Dividend

April 11, 2016

Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.13 per share for April 2016. This dividend will be paid on or about May 16, 2016 to shareholders of record on April 22, 2016. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $3.4

Interstate NatGas Pipeline Applicants Must Include 19 Exhibits: FERC

March 22, 2016

New Rule Reinstates Pipeline Application Requirement Effective March 22, 2016, FERC has made a correction to the requirements for those applying for interstate natural gas pipeline approval. The change reinstates the exhibits required to be attached to each certificate application by interstate natural gas pipelines. The rule is available at the Federal Register online here. Summary information for the new FERC

NatGas Pipeline Delayed to Mid-‘17, Another Pipe Approved by 4 States to Transport Bakken Oil

March 11, 2016

Williams Company Delays Constitution Pipeline Williams Company (ticker: WMB) announced on March 10, 2016, that plans for the Constitution pipeline, that will carry natural gas to the New York and New England markets, have been delayed. The delay is in accordance with the Federal Energy Regulatory Commission and the U.S. Fish and Wildlife Service. The window set forth under environmental

LNG Update: U.S. Export Terminals and Infrastructure in the Works

March 4, 2016

The lifting of the ban on the export of liquefied natural gas (LNG) in the United States has led to a flurry of activity in the Gulf Coast region, and several other coastal areas, as companies plan export terminals for the growth of LNG shipments abroad. The first U.S. export set sail from Sabine Pass on February 24, 2016, and

Russian Pipeline Major TMK Swings Away from the U.S. Toward Opportunity in Iran

February 10, 2016

Shifting sanctions force Russia’s TMK into different markets; company plans U.S. layoffs TMK Group, a major supplier of oil and gas pipeline around the world, is looking eagerly toward increased business in Iran as sanctions against the country are removed following the implementation of the Iran Nuclear Deal. The company believes about 20% of global oil brought to the surface

Range Resources to Benefit from Mariner East 1 Startup

January 19, 2016

Range expects annual uplift of $90 million in net cash flow once all three pipelines are online Range Resources (ticker: RRC) has always prided itself on optionality and takeaway capacity, and the commissioning of the Mariner East 1 pipeline is about to add to its portfolio. Mariner East 1 will be fully operational in February 2016, according to an article

Amendments to Strengthen Natural Gas Pipelines Pass Senate Committee

December 9, 2015

Amendments address safety of natural gas pipelines and transparency related to oil spills The Senate Commerce, Science and Transportation Committee today included three amendments when it passed pipeline reauthorization legislation (S. 2276). Two of the amendments by Massachusetts Sen. Ed Markey address “lost and unaccounted for natural gas from aging, leaky pipelines,” according to a statement from Sen. Markey’s office. “A

TRC Completes $130 Million Acquisition of Willbros Professional Services

December 2, 2015

Majority of the proceeds will be used to pay down Willbros debt TRC Companies (ticker: TRR), an engineering, environmental consulting and construction management service company, announced yesterday that it has completed its acquisition of the Professional Services business segment of Willbros Group (ticker: WG). The all-cash transaction amounted to $130 million, less a balance of $7.5 million to be paid

Canada’s Energy Audible: New Prime Minister Justin Trudeau Making his Mark on the Industry

November 17, 2015

Justin Trudeau, the newly elected Prime Minister of Canada, has been in office for less than two weeks but is already making waves in the nation’s energy industry. In a mandate letter to the Minister of Transport, Trudeau outlined the first steps of his policy and called for a “renewed, nation-to-nation relationship with Indigenous Peoples, based on recognition of rights,

What’s Next for Keystone XL? TransCanada’s Keystone Chief Spells it Out

November 6, 2015

An interview with Corey Goulet, President of Keystone projects for TransCanada. Editor’s Note: In March 2015, Oil & Gas 360® interviewed Corey Goulet, boss of the Keystone XL pipeline project. Today (Nov. 6, 2015), the U.S. State Department and the Obama Administration officially denied TransCanada’s application to build the Keystone XL pipeline. In light of today’s announcement, Oil & Gas 360®

New Pipeline will Triple Azerbaijan’s NatGas Piped to Europe, Avoiding Russia

October 14, 2015

303 mile pipeline expansion in Azerbaijan is the first leg of a 1,993 mile journey to southern Europe Construction or preliminary work has begun on three pipelines designed to flow natural gas supplies from Azerbaijan to consumers in Turkey, Bulgaria, Greece and Italy, according to the Energy Information Administration (EIA). The South Caucasus Pipeline Expansion (SCPX) is proposed to take

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