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ArcLight Buys Stake in Kinder Morgan, Brookfield JV for $830 Million

2021-02-23 21:00:00| OGI

The value of the sale to ArcLight implies an enterprise value of about $5.2 billion for NGPL, jointly owned by Kinder Morgan and Brookfield Infrastructure Partners, which represents 11.2 times its 2020 EBITDA.

Tags: million kinder morgan buys

Category: Industrial Goods and Services
 

Marketed: Ageron Energy Operated Eagle Ford Acquisition Opportunity in Dry Gas Window

2021-02-23 20:25:00| OGI

Ageron Energy, Grey Rock Energy Partners and Old Ironsides Energy retained TenOaks Energy Advisors for the sale of certain operated properties located in the dry gas window of the Eagle Ford Shale in South Texas.

Tags: energy opportunity window gas

Category: Industrial Goods and Services
 

Total Sells Stakes in $600 Million Renewable Energy Portfolios

2021-02-23 20:00:00| OGI

The farm-down transactions give 100% of Totals two portfolios of renewable energy projects an enterprise value of $600 million, according to the companys release.

Tags: total million energy sells

Category: Industrial Goods and Services
 

FERC to Examine Climate Changes Threat to Power Reliability Following Texas Freeze

2021-02-23 19:25:00| OGI

A decade ago, after a milder Texas cold snap led to power outages, FERC probed ways to protect the grid and wrote recommendations for winterization of natural gas and other installations.

Tags: power texas examine reliability

Category: Industrial Goods and Services
 

Occidental Awards Contract for Permian Basin Carbon Capture Project to Worley

2021-02-23 19:00:00| OGI

Worley said it had been awarded a FEED contract by 1PointFive, a JV between Occidental venture capital arm and private equity firm Rusheen Capital Management, for the Permian Basin facilitys first direct air capture unit.

Tags: project contract awards capture

Category: Industrial Goods and Services
 

Biden, Trudeau Aim to Move Past KXL Disagreement

2021-02-23 17:22:40| OGI

In Bidens first bilateral meeting with a foreign leader, the issues of climate change and China are expected to be the main topics.

Tags: past move aim disagreement

Category: Industrial Goods and Services
 

Senate Weighs Interior Nominee Haaland

2021-02-23 16:05:10| OGI

Republicans on the Energy and Natural Resources Committee are expected to grill her on fossil fuels.

Tags: interior senate nominee weighs

Category: Industrial Goods and Services
 

Analysts: CCS Uptake Grows, But Falling Short of Emissions Goals

2021-02-23 16:00:00| OGI

Higher carbon pricing is needed to meet net-zero emissions targets, analysts say.

Tags: short goals falling grows

Category: Industrial Goods and Services
 

Neptune Energy, Partners Crank Up Gja P1 in North Sea

2021-02-23 15:37:41| OGI

Neptune said the Gja Field is now expected to produce more than 100 million barrels of oil equivalent over 2010 production estimates.

Tags: north sea partners energy

Category: Industrial Goods and Services
 

TechnipFMC Snags Another Multimillion-dollar Subsea Contract

2021-02-23 15:25:00| OGI

TechnipFMCs latest contract, with state-owned Petronas, covers the development of 10 deepwater wells and their tieback to the Limbayong FPSO unit offshore Malaysia.

Tags: contract snags subsea multimilliondollar

Category: Industrial Goods and Services
 

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