Infrastructure

Inter Pipeline Scuttles Pembina Merger, Accepts $6.9B Brookfield Takeover Bid

Inter Pipeline Scuttles Pembina Merger, Accepts $6.9B Brookfield Takeover Bid

Toronto-based Brookfield Infrastructure Partners LP won a prolonged takeover contest for Inter Pipeline Ltd. (IPL) in Calgary today after adding an all-cash option to its bid for shareholder support and raising the total offer to about C$8.6 billion ($6.9 billion). At a cost of a deal-breaking penalty of C$350 million ($280 million), IPL canceled a…

July 26, 2021
Inter Pipeline Said Sticking with Pembina Offer After Brookfield Launches Second Bid

Inter Pipeline Said Sticking with Pembina Offer After Brookfield Launches Second Bid

Calgary takeover target Inter Pipeline Ltd. rejected a second uninvited bid Thursday by Toronto-based Brookfield Infrastructure Partners. Inter Pipeline said a combination announced Tuesday (June 1) with Calgary-based Pembina Pipeline Corp. would be a better industrial match with growth prospects. Both firms have pipeline, processing and storage networks, and Inter Pipeline is building a new…

June 4, 2021
Medallion Testing Support to Move Permian Oil to South Texas

Medallion Testing Support to Move Permian Oil to South Texas

Medallion Pipeline Company LLC has launched a nonbinding open season through June 25 for the capacity it leases on the Epic Crude Oil Pipeline. The 30-inch diameter Epic oil system extends from Orla, TX, in the heart of the Permian to the Port of Corpus Christi in South Texas. It transports oil from the Permian’s…

May 25, 2021
Tense FERC Meeting Exposes Rift Over GHG Emissions, Natural Gas Pipeline Policy

Tense FERC Meeting Exposes Rift Over GHG Emissions, Natural Gas Pipeline Policy

Policy differences over greenhouse gas (GHG) emissions provided the tinder that ignited a tense public debate over a pair of seemingly mundane natural gas certificate orders during last week’s FERC meeting. A last-minute procedural move from Commissioner James Danly to amend orders on infrastructure expansions proposed by Northern Natural Gas (NNG) and Tuscarora Gas Transmission…

May 24, 2021
DAPL Avoids Shutdown in Latest ‘Twist’ in Oil Pipeline Litigation

DAPL Avoids Shutdown in Latest ‘Twist’ in Oil Pipeline Litigation

The Dakota Access Pipeline (DAPL) is free to keep flowing Bakken Shale oil while an environmental impact statement (EIS) is completed after a coalition of Native American Tribes failed in the first test for an injunction. U.S. District Court for the District of Columbia (DC) Judge James Boasberg last year axed a key permit for…

May 24, 2021
Lawmakers Pushing for Cybersecurity Mandates Following Colonial Ransomware Attack

Lawmakers Pushing for Cybersecurity Mandates Following Colonial Ransomware Attack

Following the six-day shutdown of the Colonial Pipeline Co. after a ransomware attack, a bi-partisan group of U.S. House lawmakers has revived legislation aimed at formalizing federal agencies’ responsibilities for securing pipelines against threats. In addition to codifying the responsibility of both the Transportation Security Administration (TSA) and the Cybersecurity and Infrastructure Security Agency for…

May 17, 2021
Mexico Natural Gas Market Spotlight: West Coast Supporting Demand, Prices

Mexico Natural Gas Market Spotlight: West Coast Supporting Demand, Prices

Strong demand on Mexico’s Pacific Coast helped prop up Waha’s May bidweek price, which jumped 31.0 cents month/month to average $2.685. Spurred by new infrastructure and demand on the West Coast, Mexico imports via pipeline from the United States have been unseasonably strong, spiking to a record 7.1 Bcf/d in mid-April. Analysts at Energy Aspects…

May 6, 2021
Enbridge Taking Partners to Transform Canada’s Wasted Natural Gas into RNG

Enbridge Taking Partners to Transform Canada’s Wasted Natural Gas into RNG

From a small start in Ontario, Enbridge Inc. has embarked on a Canada-wide campaign to produce renewable natural gas (RNG) on a large scale from trash rotting in waste dumps. The Calgary pipeline and gas distribution conglomerate said Wednesday it is partnering on an RNG project development partnership with waste management firm Walker Industries and…

May 3, 2021
COLUMN: Mexico’s Southeast Needs Urgent Natural Gas Planning, Investment

COLUMN: Mexico’s Southeast Needs Urgent Natural Gas Planning, Investment

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

April 23, 2021
Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says

Texas Freeze Demonstrates Need for Further Mexico-U.S. Energy Integration, Expert Says

Freezing weather in Texas in February and the subsequent energy supply problems on both sides of the U.S.-Mexico border underline a need for greater energy integration between the two countries, Lorena Patterson, senior energy specialist and strategist, told NGI’s Mexico Gas Price Index.   “I would advocate for greater integration between the markets, and more diversification…

April 16, 2021
‹ Previous 1 2 3 42