Business news

Kinder Morgan has increased its cash dividend by 5% and announced results for 1Q20.

Increases in natural gas production came primarily from associated gas recovered from oil wells in the Bakken and Three Forks formations.

The company has secured a capital commitment of US$400 million from an ArcLight Capital Partners managed fund and the Camelback Midstream management team.

TC PipeLines, LP has announced a US$0.65 distribution for the first quarter 2020.

This award comes as the company celebrates 20 years of designing and manufacturing subsea protection solutions.

GAZ-SYSTEM has signed agreements for the purchase of gas fittings necessary for the construction of pipelines.

Chad Teply will lead the Williams team responsible for delivering projects across the company’s 24 state footprint.

The company received the award for its Atmos Wave leak detection product.

The EIA has reported that US total energy exports exceeded imports in 2019 for the first time in 67 years.

One of Wintershall’s crude oil processing facilities is marking 20 years of action.

The statement follows the announcement of new initiatives that will preserve jobs and provide needed liquidity for the sector.

The company has acquired producing oil and gas assets and related midstream assets, including 77 miles of gathering lines, pipelines, and related facilities and equipment.

ConocoPhillips is to voluntarily curtail 225 000 bpd of oil and reduce 2020 cash uses by an addition US$3 billion.

The company has invested in its market intelligence product, SubseaIntel, so that its members can access the latest global opportunities when the economy starts to recover from the coronavirus pandemic.

Transneft Siberia starts cycle of geotechnical monitoring of Zapolyarye-Purpe oil trunk pipeline facilities.