Business news

Public Service Enterprise Group is looking to sell its 10% stake in the proposed PennEast pipeline.

Pine Brook and Riverstone co-lead a US$600 million line of equity investment for Admiral Permian Resources, LLC.

Air Kraft has won the Atlas Copco Distributor of the Year award, crediting energy-efficient equipment sales for their win.

Pembina Pipeline Corp. has declared its March 2017 common share dividend and the suspension of the dividend reinvestment plan.

It’s been reported that there will be short term growth for onshore pipeline installation activity, with stable long term prospects.

Crane ChemPharma & Energy is set to showcase it’s a new product at the 2017 Offshore Mediterranean Conference & Exhibition.

An increase in the cost of raw materials that are used to make coatings has forced paint suppliers to raise their prices.

Stock-Callers.com has provided a technical roundup on oil and gas stocks, from Williams Partners, Enbridge Energy Partners, Frank's and Boardwalk Pipeline Partners.

Over 130 groups nationwide have signed a pledge, agreeing to block the Trump Administration appointments to the Federal Energy Resource Commission. Opponents believe the commission is ‘recklessly’ permitting oil and gas pipelines.

Canyon Midstream has announced that it has begun construction of a gas gathering and processing system in Oklahoma's STACK play.

StraightLine HDD, Inc. has announced its acquisition of Armadrillco, Inc., which solidifies the company’s strategic position in the HDD market.

Sonomatic has opened its new multidisciplined non-destructive testing facility in Aberdeen, Scotland.

A newly appointed business development director has strengthened Ashtead Technology’s senior management team.

A US judge has denied a request to halt construction of the final section of the Dakota Access pipeline, while the company behind the project plans to start pumping oil through a section of the line by the week of 13 March.

According to the US Energy Information Administration, the Federal Energy Regulatory Commission has certificated seven new US interstate natural gas pipeline projects so far in 2017.