The race for the position of Canadian Prime Minister continues as the October 19 elections approach, and candidates continue to spar over the importance of various pipeline projects throughout Canada. National polls last week showed the Conservatives at 31%, the Liberals at 30% and the New Democratic Party (NDP) at 29%, putting the Conservatives, the party of Canada’s current prime
20-year contracts already set for 96% of capacity Atlantic Coast Pipeline LLC (ACP), a joint venture between Dominion Resources (ticker: D), Duke Energy (ticker: DUK), Piedmont Natural Gas (ticker: PNY) and AGL Resources (ticker: GAS), filed with the Federal Energy Regulatory Commission (FERC) for the construction of its 564-mile pipeline that would supply natural gas to Virginia and North Carolina.
“The shale industry is hiring local workforce—that’s going to keep the money in the community…” Building pipelines to support the shale industry has contributed over one million working hours so far in 2015 for laborers in Ohio, according to the Laborer’s International Union of North America (LiUNA) in Ohio. The industry group expects that pipeline construction will constitute three million
An OAG360® Exclusive: Interview with John Hickenlooper, Governor of Colorado Listen to the interview Colorado enjoys robust energy development as an integral piece of its economy. It’s the seventh most productive oil state, sixth in natural gas production and it’s eleventh in the U.S. for coal production. According to the Business Research Division of the Leeds School of Business at
– $17 billion book value of assets and $15 billion of secured growth projects under development proposed to be transferred – Accretion expected to add 10% to Enbridge adjusted earnings per share from 2015 through 2018 – EIFH dividend growth rate expected to average 10% per year from 2015 to 2019 CALGARY, ALBERTA–(Marketwired – March 31, 2015) – Enbridge Inc. (TSX:ENB)
Enterprise, MarkWest, DCP, Anadarko Join Forces on Texas Pipe A joint venture to expand the Panola Pipeline was finalized on February 24, 2015, according to a press release by operator Enterprise Products Partners (ticker: EPD). Per the terms, EPD will retain a majority interest of 55% of the pipeline, while DCP Midstream Partners (ticker: DPM), Markwest Energy Partners (ticker: MWE)
Infrastructure in the Permian is about to receive a boost from Lone Star NGL, a joint venture between Energy Transfer Partners (ticker: ETP) and Regency Energy Partners (ticker: RGP). The two companies have approved the construction of the Lone Star Express pipeline, which will connect the Permian Basin to Mont Belvieu, the world’s largest natural gas liquids (NGL) hub, located
Nathan VanderKlippe, The Globe and Mail 6:44 AM, E.T. | October 31, 2014 Alberta’s new political leadership is calling on Ottawa to take another look at foreign investment rules blamed for a dramatic drop in energy investments from China.When the federal government gave its approval of the $15.1-billion (U.S.) takeover of Nexen Energy ULC in late 2012, it came with
NiSource Inc. (ticker: NI) said yesterday it will file a registration statement for an IPO of common units for a new MLP whose assets will consist of a 14.6% interest in CPG OpCo LP, which will own the natural gas transmission, midstream and storage assets of NiSource. NiSource, through its wholly owned subsidiary Columbia Energy Group, will own the general partner
ONEOK has laid enough pipe to go from Dallas to NYC five times and it’s not nearly enough. The current state of the United States oil and gas industry is indicative of a foot race between two Olympic athletes. In lane one is the upstream division, in lane two is the midstream. The stadium is packed – standing room only,
Cushing, Oklahoma’s giant crude oil storage hub will be linked to Colorado’s Niobrara/Codell shale oil production upon construction and completion of a new 550-mile pipeline between Weld County Colorado’s Wattenberg field and NGL Energy Partners’ (ticker: NGL) Cushing terminal. When completed and operating, the proposed Grand Mesa Pipeline, a joint venture project proposed by NGL Energy Partners LP and Rimrock
Avoiding Downtime During Winter Freeze is the Goal Access to infrastructure is a vital asset for oil and gas producers. Despite infrastructure investments as high as $40 billion per year, production from E&Ps continue to outpace the takeaway capacity in booming areas like the Marcellus and the Permian. Spot prices in Midland, Texas are trading at a $17 discount to
