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Telvent, a Canadian firm whose software systems and services are used to remotely manage more than half of the oil and gas pipelines in North America and Latin America, last Wednesday confirmed a security breach involving the project files of some of its customers.

Telvent, a Canadian firm whose software systems and services are used to remotely manage more than half of the oil and gas pipelines in North America and Latin America, Wednesday confirmed a security breach involving the project files of some of its customers.

Boardwalk Pipeline Partners LP and an affiliate leaped into the natural gas liquids business late Thursday by agreeing to pay $625 million in cash to buy PL Midstream, whose Choctaw and Sulphur salt dome hubs in southern Louisiana provide salt dome storage, pipeline transportation, fractionation and brine supply services for petrochemical producers in Louisiana.

Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to a midyear report on M&A activity.

DCP Midstream LLC is in the process of doubling its natural gas processing capacity in the Denver-Julesburg (DJ) Basin by the end of 2014 as drilling and completion technologies unlock more gas, the company said.

Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to the firm’s midyear report on M&A activity.

The U.S. Energy Information Administration (EIA) said it estimates that shale formations in the United States contain 483 Tcf of unproved technically recoverable natural gas and 33.2 billion bbl of unproved technically recoverable tight oil.

McMoRan Exploration Co., whose upstream spending has been eaten up by exploration activity in the shallow waters of the Gulf of Mexico (GOM), expects commercial production from the highly touted Davy Jones natural gas prospect to be in motion later this month.

McMoRan Exploration Co., whose upstream spending has been eaten up by exploration activity in the shallow waters of the Gulf of Mexico (GOM), now expects commercial production from the highly touted Davy Jones natural gas prospect to be in motion late this month.