Business news - 14 January 2016

Plains All American Pipeline, L.P. announces US$1.5 billion private placement of 8% Perpetual Series A Convertible Preferred Units.

Synodon has announced the resignation of Deborah Rodrigo, Chief Financial Officer.

Subsea UK has announced its new industry network event, which will take place in Bristol, UK, on 27th January.

The decision is seen as a major victory for First Nations that could have an impact on future oil pipeline projects.

Evok Innovations, a partnership between the BC Cleantech CEO Alliance and two Canadian energy companies, Cenovus Energy and Suncor Energy, has officially launched.

Many people have been calling for Canadian Prime Minister Justin Trudeau to postpone Kinder Morgan’s Trans Mountain pipeline hearing, stating that he has not kept his promises regarding pipeline regulatory processes. Soon, the National Energy Board will hold hearings on the project, and by May 2016, the decision on whether to approve it or not should be made.

Southern Pipeline Services, LLC has acquired Compeaux Construction, which will aid them in upcoming pipeline projects.

Sound Energy has announced that it has entered into a binding agreement with Maghreb Petroleum Exploration S.A. for the purchase of MPE's 25% working interest in three onshore gas permits located in Morocco.

WFS Technologies drives down the cost of temperature monitoring of insulated subsea pipelines.