Kinder Morgan: first quarter 2025 financial results and project update
Approves cash dividend of US$0.2925 per share (US$1.17 annualised); added US$900 million to project backlog; and closed US$640 million Outrigger acquisition.
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Penspen introduces energy transition training courses in Aberdeen
International energy consultancy to share learnings from extensive hydrogen and carbon capture portfolio.
Vaquero Midstream secures US$400 million for growth and system expansion
Vaquero Midstream secures US$400 million credit facility for specific growth and system expansion projects.
Energy Industries Council appoints three experienced energy leaders to its Board of Directors
New board members bring extensive expertise in technology services, commercial management, and process engineering to support energy transition challenges.
Global Underwater Hub and Subsea Innovation Cluster Australia join forces to boost subsea sector
Global Underwater Hub (GUH) to help UK companies capitalise on significant opportunities in Australia from oil and gas to decommissioning, CCS and offshore wind.
Vallourec in exclusive negotiations to sell Serimax for €79 million
Vallourec in exclusive negotiations to sell Serimax, its subsidiary specialising in welding solutions, for €79 million.
ABB delivers integrated automation and digital technology for India pipeline network
ABB delivers integrated automation and digital technology for IndianOil’s cross-country pipeline network.
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bp chair announces intention to step down; board launches search for successor
bp has announced that the company's board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.
Rystad Energy: OPEC+ may raise output if US supply disruptions deepen
Markets respond to US ‘Liberation Day’ and recent OPEC+ meeting.
Shell to sell interest in Colonial Enterprises Inc. to Brookfield subsidiary
Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc, has agreed to sell its 16.125% interest in Colonial Enterprises, Inc. to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P. and its institutional partners, for US$1.45 billion.
Phillips 66 completes acquisition of EPIC NGL
Phillips 66 has announced the completion of its previously announced acquisition of 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 (EPIC NGL) for total cash consideration of approximately US$2.2 billion.
Iberdrola sells Maine Natural Gas for nearly US$90 million to US energy company Unitil
Iberdrola said the transaction reinforces its strategy focused on the sale of non-strategic assets, portfolio optimisation with value creation, and capital discipline.
Izomax acquires IK Engineering and IK Group US Inc.
Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.
US Transportation Secretary advocates for enhancing pipeline safety
US Transportation Secretary Sean P. Duffy advocates for enhancing pipeline safety in new advisory.
Greenpeace ordered to pay US$660 million in damages for Dakota Access protests
The environmental group must pay more than $660 million in damages for defamation and other claims brought by the pipeline company.