Business news

ShawCor Ltd. announces closing of previously announced US$ 200 million offering of common shares.

API President once urges President Obama to approve the Keystone XL pipeline.

Bakken net unrisked resource potential totals 4.1 billion boe, more than 17x greater than current Bakken proved developed reserves.

The company is looking to acquire an additional 17 800 net acres in the Permian Basin.

On 18 September 2014, the Senate confirmed Elizabeth Sherwood-Randall as the US Department of Energy’s Deputy Secretary.

PSEG Power has joined the PennEast pipeline project development group.

A working meeting between Russian President Vladimir Putin and Gazprom Management Committee Chairman Alexey Miller took place this week.

Cummins Power Generation to host global virtual event to introduce the next generation of high-horsepower generator sets.

Partnership with Morgan Stanley Infrastructure.

The application for a temporary injunction to halt Kinder Morgan pipeline is rejected.

Western sanctions on Russia will delay launch of new pipelines in Siberia.

The American Petroleum Institute has announced its support of the 21st Century Energy Workforce Development Jobs Initiative Act of 2014.

Senators introduced a bill this week that would curtail the government’s consideration time on cross-border oil pipelines.

Tennessee Gas Pipeline Co. has filed a proposal with the Maine Public Utilities Commission offering the State of Maine a long-term contract for natural gas pipeline capacity.

Jee Ltd has been awarded a three-year contract renewal from BP with potential value in excess of £4.5 million.