Recent News

  • Nov 06, 2014
    Plains All American Pipeline, L.P. Enters into Agreement to Acquire 50% Interest in BridgeTex Pipeline Company from Occidental Petroleum Corporation
    Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it has entered into a definitive purchase and sale agreement with Occidental Petroleum Corporation for the purchase by PAA of Occidental’s 50% interest in BridgeTex Pipeline Company LLC (“BridgeTex”) for $1.075 billion. BridgeTex owns the BridgeTex pipeline, which is a new 300,000 barrel-per-day crude oil pipeline ...
  • Oct 24, 2014
    MarkWest Energy Partners Increases Quarterly Cash Distribution and 2014 Distributable Cash Flow Forecast
    DENVER–(BUSINESS WIRE)–MarkWest Energy Partners, L.P. (NYSE: MWE) (“MarkWest” or “the Partnership”) today announced that the Board of Directors of the General Partner of MarkWest Energy Partners, L.P., declared a cash distribution of $0.89 per common unit for the third quarter of 2014, for an implied annual rate of $3.56 per common unit. The third quarter ...
  • Sep 23, 2014
    Baffinland Begins Mining Iron Ore
    On September 8, 2014, Baffinland began mining and transporting ore to the port site where construction of its Milne Port continues, on schedule, with the intent of shipping first product during the open water season of 2015. Baffinland’s Mary River Project reached this milestone without a single Lost Time Injury during the last three years. OAKVILLE, ...
  • Sep 22, 2014
    MarkWest Utica EMG, L.L.C. and Ohio Gathering Company, L.L.C. Announce Definitive Agreements with American Energy – Utica, LLC
    DENVER–(BUSINESS WIRE)–Sep. 22, 2014– MarkWest Utica EMG, L.L.C. (“MarkWest Utica EMG”), a joint venture between MarkWest Energy Partners, L.P. (NYSE: MWE) and The Energy & Minerals Group, and Ohio Gathering Company, L.L.C. (“Ohio Gathering”), a joint venture between MarkWest Utica EMG and Summit Midstream Partners, LLC, today announced the completion of definitive agreements with American ...
  • Sep 10, 2014
    Statoil, GE and Ferus Natural Gas Fuels Expanding Flare Gas Solution in Bakken
    Expansion of GE and Ferus Natural Gas Fuels’ ‘Last MileTM’ Fueling solution pilot project to reduce energy costs, diesel consumption, and cut emissions for Statoil’s Bakken operations. NEW YORK—September 10, 2014—A joint venture of GE (NYSE: GE) and Ferus Natural Gas Fuels (Ferus NGF), along with Statoil, a leader in the oil and gas exploration and ...
  • Aug 21, 2014
    Battle in the Bakken: Alternatives to flaring
    CNBC’s Morgan Brennan reports on some of the creative ways drillers are cutting down on the controversial practice of burning off excess gas produced in the Bakken. -FULL STORY-