Business news

PetroChina Canada will no longer be a committed shipper on the Trans Mountain oil pipeline after assigning its contracts to another party, reports Reuters.

Gas from the Breagh field is exported through the 110 km Breagh pipeline to TGPP – which is owned and operated by NSMP – where gas is processed and delivered into the National Transmission System.

Baker Hughes, an energy technology company, has announced its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to enhance the reliability of energy supply and support local decarbonisation efforts.

Trans Mountain has entered into an agreement with Hifi Engineering to deploy fibre optic network for monitoring and leak detection on the Trans Mountain Expansion Project.

Energy related emissions are at the cusp of a prolonged period of decline for the first time since the industrial revolution says DNV’s Energy Transition Outlook.

Enbridge Inc., in collaboration with Microsoft, is utilising artificial intelligence (AI) to drive advancements in safety, emissions reduction, and asset optimisation across its operations.

Pigs Unlimited International, LLC, has acquired the assets of the manufacturing division of Pipeline Pigging Products.

Reuters has reported that Italgas will buy rival 2i Rete Gas in a €5.3 billion (US$5.8 billion) deal.

Martin Midstream Partners L.P. has announced a definitive agreement and plan of merger, pursuant to which Martin Resource Management Corporation would acquire all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries.

Latest acquisition enables leading TIC services provider to further expand its capabilities in the fast-growing aerospace, space, defence, and energy industries.

OPITO launches new energy industry council to address skills gap and competence challenges.

Tailwater Capital has announced that it has entered into definitive agreements with Summit Midstream Corporation, whereby Summit will acquire Tall Oak Midstream and its subsidiaries for a total consideration of approximately US$450 million.

Intensifying Middle East crisis pushes prices; high spare capacity keeps them in check for now – Rystad Energy's oil macro market update.

Department of Transportation substantially increases grant funds supporting state pipeline and underground gas storage safety programmes.

GlobalData: Gulf of Mexico's oil and gas operations recover as Hurricane Helene moves north.