Business news

The offering is expected to close on 15 January 2025, subject to the satisfaction of customary closing conditions.

Penspen adds to training portfolio with launch of new hydrogen repurposing course for 2025.

The 120 mile, 12 in., bidirectional pipeline provides critical ethylene transportation, connecting Gulf Coast Growth Venture’s petrochemical complex in Corpus Christi to storage facilities in Markham, Texas.

Phillips 66 has announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems for total cash consideration of US$2.2 billion.

EnCap Flatrock Midstream (EFM) has announced the execution of two separate definitive agreements to sell Ironwood Midstream Energy Partners II, LLC and all EFM-owned and outstanding Plains Series A Preferred Units to Plains All American, L.P for over US$800 million in cash.

Martin Midstream Partners L.P. has announced the termination of the previously announced Agreement and Plan of Merger dated 3 October 2024, with Martin Resource Management Corporation (MRMC), pursuant to which MRMC would have acquired all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries.

Pembina Pipeline Corp. has announced the closing of Pembina Gas Infrastructure Inc.’s (PGI) acquisition of a 50% working interest in Whitecap Resources Inc.’s 15-07 Kaybob Complex, effective 31 December 2024.

Oil and gas industry sees non-US hiring gaining momentum amid overall decline in jobs, says GlobalData.

EQT Corp. announced that it has closed on the formation and funding of its previously announced midstream joint venture (JV) with an affiliate of Blackstone Credit & Insurance.

The three interstate natural gas pipeline systems included in the sale are Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission.

Digitalisation could deliver long-term benefits to oil and gas industry, says GlobalData.

MISTRAS Group, Inc., a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, has announced that the Company’s Board of Directors has appointed Natalia Shuman as MISTRAS Group’s new President and Chief Executive Officer (CEO), effective 1 January 2025.

Kinder Morgan forecast higher earnings for 2025 as the US pipeline operator bets on growth in its natural gas pipelines and energy transition ventures, says Reuters.

The US Energy Information Administration has reported that from January 2021 through September 2024, crude oil production in Argentina increased by 50%, and natural gas production rose by 27%, lifting output of both fuels near the records set in the early 2000s.

Pembina Pipeline Corporation has announced its 2025 financial guidance and provided a business update.