Targa Shares Up, Then Down on Buyout Rumors

Share prices for Targa Resources Corp. (TRGP) and Targa Resources Partners LP (NGLS) took a roller coaster ride late Thursday and into Friday on rumors of their possible purchase by Energy Transfer Equity LP (ETE), but talks with ETE have ended and no deal is on the table, the midstream energy giants said. Read More

First of Five Pipelines in Mexico to Seek Bidders

News reports out of Mexico City on Thursday cited the nation's chief electricity regulator as identifying the first of five new natural gas transmission pipelines that are on the drawing board to serve state-run generation plants. The first will be a $400 million line between Ojinaga and El Encino in the north-central state of Chihuahua. Read More

Wanted: Next Generation for North American Energy Projects

The North American oil and natural gas industry has no shortage of projects in the queue, but it is beginning to suffer from a shortage of skilled and professional employees, leading the American Petroleum Institute (API) to launch an initiative to help inform -- and possibly employ -- interested job seekers. Read More

Wyoming Asks BLM for Pipeline Rights-of-Way

Wyoming Gov. Matt Mead on Thursday unveiled a state plan to establish pipeline corridors through federal lands. An application by the state has been submitted to the U.S. Bureau of Land Management (BLM) to establish 1,150 miles of pipeline corridors. Read More