Business news

Robert V. Sinnott will be replaced by Kevin McCarthy, Vice Chairman of Kayne Anderson, as the company’s designated representative on the Board of Directors of PAA GP Holdings LLC.

The summary includes completion of installation of the 90 km pipeline that will deliver Energean’s gas sales into the Israeli market.

The company has received authorisation from the Pipeline and Hazardous Materials Safety Administration (PHMSA) and approval from the Michigan Circuit Court.

This transaction marks Black Bear’s second bolt-on acquisition, having acquired the Ozark system from Enbridge in April 2020.

PST patented and released the industry’s first real-time fluid identification and condition monitoring solution, which can identify any fluid inside a sealed container, tank or pipeline.

The company has announced the closing of a transaction with Laurel Mountain Midstream LLC, a joint venture between Williams Laurel Mountain, LLC and Chevron Northeast Upstream LLC.

Generally, the amendments provide for the reduction of near-term volume commitments in exchange for extending the term of the agreements.

Deep decarbonisation of the world’s energy system still 15 years away, DNV GL’s Energy Transition Outlook forecasts.

The company has recently significantly broadened its portfolio of midstream operations beyond its crude oil pipelines businesses.

The report predicts an increase in global energy demand will boost the market growth.

Changes in domestic production and declines in global demand for energy since mid-March have shifted energy trade balances back in the direction of net imports, according to the EIA.

ICGB, which is responsible for the implementation of the Greece-Bulgaria gas interconnector, has utilised the first tranche of the loan financing from the European Investment Bank.

Phillips 66 Partners announces open season for Gray Oak pipeline.

The natural gas midstream company has selected Quorum’s integrated suite to enhance operational efficiency and integrate measurement and gas gathering processes.

Ali Hassan Al-Kharari has been appointed as the company’s first Saudi Arabia general manager in response to growing business demand in the Kingdom.