Business news

Coastal GasLink Pipeline Ltd. submits application for environmental assessment certificate.

DCP Midstream will construct a new sour natural gas processing plant in Lea County, New Mexico, which will service producers in the Permian Basin.

The Shah Deniz and South Caucasus Pipeline consortia have awarded further key stage 2 contracts.

According to the US Energy Information Administration (EIA), crude oil inventories at Cushing are down 29% over the past seven weeks.

The Confederation of British Industry (CBI) comments on the recent UK budget.

Metinvest Group will supply large diameter pipes fabricated from internally produced pipe-making plate for oil and gas pipelines in Iraq.

Summit Midstream has closed the previously announced acquisition of Red Rock Gathering Company for a total cash consideration of US$ 305 million.

ICF International has released its ICForecast Energy Outlook for the second quarter of 2014.

NWGA’s 2014 natural gas outlook highlights potential for increased regional demand.

According to INGAA Foundation, US$ 641 billion in energy infrastructure is needed.

Ceona has announced the completion of a new US$ 290 million debt facility to finance its Ceona Amazon vessel and a new vertical pipelay system.

Suretank has produced a highly specialised container for the transportation of a new range of pipeline recovery tools.

Joint Industry Project to enhance the offshore leak detection approach.

Ramco Tubular Services acquires Pipetech International; expands pipe services in the UK.

Kongsberg Maritime technology has been chosen for 10 Petrobras pipelaying newbuilds.