VERBUND acquires OMV’s 51% stake in Gas Connect Austria
The contract signing took place on 23 September; closing is subject to regulatory approval and is expected in 2H21.
Business news
Advertisement
EIA: US crude oil exports have fallen in each month since record high in February
US crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the US EIA.
MPLX announces binding open season
The company is proposing the expansion of the SLC Core Pipeline System.
Russ Girling to retire as President and CEO of TC Energy
François Poirier will succeed Mr. Girling as President and Chief Executive Officer and will join the board 1 January 2021.
Trans Mountain and the City of Surrey announce CAN$500 000 community benefit agreement
The agreement will see an investment from Trans Mountain towards enhancing the local trail network in the Fraser Heights area of Surrey.
Michels announces promotions in HDD operations
Jeff Mueller has been promoted to Vice President of HDD operations, and Matt Smith has been promoted to General Manager of Contracts and Business Administration for HDD operations.
South American oil and gas pipelines hit hard by COVID-19
Deteriorating financial situation due to COVID-19 leads to productivity decline of South American oil and gas pipeline sector, says GlobalData.
Digitalisation makes oil and gas industry more vulnerable to cyberattacks
Growing digitalisation makes the oil and gas industry more vulnerable to cyberattacks, says GlobalData.
Vallourec launches the third edition of its Open Innovation challenge
Vallourec launches the third edition of its ‘Open Innovation Challenge’, dedicated to finding solutions to help its customers reduce their carbon footprint.
Brazos Midstream selects Quorum Software
Brazos Midstream has selected its myQuorum TIPS gathering and processing solution to streamline data, simplify the settlement process and increase data accuracy.
EIA: US natural gas exports have been declining since April
Net exports began declining in spring 2020 as a result of a global economic slowdown amid the spread of COVID-19.
Equitrans Midstream releases statement related to its Hammerhead Pipeline
The statement relates to a contract dispute and the related attempt by EQT Corporation and its financial advisor to market ETRN’s Hammerhead pipeline.
Plains All American announces director changes
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.
Energean report 1H20 results
The summary includes completion of installation of the 90 km pipeline that will deliver Energean’s gas sales into the Israeli market.
Enbridge to resume operation of east segment of Line 5 in the Straits of Mackinac
The company has received authorisation from the Pipeline and Hazardous Materials Safety Administration (PHMSA) and approval from the Michigan Circuit Court.