Master

A draft update to New Jersey’s 2011 Energy Master Plan (EMP) credits natural gas with helping to drive down the state’s energy costs.

Former FBI Director Louis Freeh was appointed last week as a special master to investigate apparent misconduct by one of the lawyers who helped manage BP plc’s $7.8 billion settlement fund with Gulf Coast plaintiffs over the deepwater Macondo well blowout in April 2010.

Former FBI Director Louis Freeh was appointed Tuesday as a special master to investigate apparent misconduct by one of the lawyers who helped manage BP plc’s $7.8 billion settlement fund with Gulf Coast plaintiffs over the deepwater Macondo well blowout in April 2010.

Devon Energy Corp. is renewing long-pursued efforts to form a midstream master limited partnership (MLP) to hold some of its natural gas gathering and processing assets in Texas, Oklahoma and Wyoming.

With acquisitions and infrastructure agreements in hand, Waltham, MA-based Global Partners LP, a publicly traded master limited partnership, is establishing a “virtual pipeline” for shipping North Dakota Bakken and Canadian crude oil to refineries on both the U.S. West and East Coasts.

Strategic investors and foreign buyers continue to press for deals in U.S. unconventional fields, but higher prices have pushed private equity (PE) momentarily to the sidelines, according to PwC US.

Master integrated planning in the shale natural gas and liquids markets reduces working capital and makes the end-to-end process more consistent and predictable, according to an analysis by PwC.

CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a new midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.

CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a new midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.