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Sunoco Logistics Partners L.P. , has launched a public offering of 7.7 million units of common stock. At Tuesday's closing stock price of $49.96 per unit, the offering would generate close to $385 million for the Philadelphia-based company.
The 7,242-foot-high peak is the highest point in the Black Hills and also billed as the highest point in North America east of the Rocky Mountains. It was named for Army Gen.
Pump jacks are seen in an oil field over the Monterey Shale formation near Lost Hills, Calif. Much of the U.S. oil industry wants to lift an export ban that followed the 1970s energy crisis.
Magnum Hunter Resources Corp said on Tuesday it will sell a stake in a natural gas gathering unit in U.S. Marcellus and Utica shale fields to the infrastructure investment unit of Morgan Stanley, giving the two co-ownership in the business valued at $1 billion. In addition, Morgan Stanley Infrastructure will also buy about 41 percent in Eureka Hunter from a unit of ArcLight Capital Partners LLC, a U.S. private equity company, for an unspecified amount.
Kinder Morgan has begun the process of seeking federal approvals for a natural gas pipeline project through northern Massachusetts that has already garnered significant local opposition. The Houston-based energy company on Monday filed a request with the Federal Energy Regulatory Commission seeking to use its so-called "pre-filing procedures."
The cost of the South Dakota portion of TransCanada Corp's Keystone XL pipeline has more than doubled to $1.974 billion in the last four years the project has awaited federal approval, the company said in a petition filed with the state Public Utilities Commission on Monday. The leap in costs from the previous 2010 estimate of $921.4 million is due to factors including the protracted regulatory process, inflation, currency changes, labour cost increases and materials storage, TransCanada spokesman Shawn Howard said.
The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday. The discovery by China National Offshore Oil Corp. was made about a month after its rig withdrew in July from Vietnam's exclusive economic zone to far less-contested waters closer to China.
Canadian Natural Resources Ltd. has been given the go-ahead to resume work at part of an oilsands project in eastern Alberta where a bitumen-water mixture was found oozing to the surface last year. But CNRL will be using a different extraction technique at Area 1 of its Primrose East oilsands site: low-pressure steamflood rather than high-pressure cyclic steam stimulation.
B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.
An Alberta woman has lost her appeal to sue the province's energy regulator over hydraulic fracturing on her property. Jessica Ernst launched a $33-million lawsuit against the Alberta government, the province's energy regulator and energy company Encana .
EQT Midstream Partners LP will be added to the Alerian Energy Infrastructure Index Friday after market close, replacing Genesis Energy Partners LP. The 30 constituents of the index, which is a composite of North American energy infrastructure companies, will be rebalanced in accordance with the existing index methodology, Dallas-based Alerian said.
After the booming success of the Fayetteville Shale Play, it was easy to get excited about the prospect of exploiting another geological formation deep under Arkansas soil.
Job opportunities are available if you want to work to protect the Louisiana coastal wetlands. Erosion is eating away at the coast, and though billions of dollars are being spent to restore it, there are more jobs than qualified workers to fill the positions.
The Henry Gas Processing Plant, a refinery and storage facility operated by Chevron Corp. subsidiary Sabine Pipe Line LLC, stands in Erath, Louisiana, U.S., on Thursday, Aug. 26, 2010. Natural gas futures fell to an 11-month low after an Energy Department report today showed that U.S. stockpiles rose more than forecast last week.
Authorities say that Chevron is still releasing natural gas from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker. Col. Mike Edmonson, the superintendent of the Louisiana State Police, said Sunday his agency and the U.S. Coast Guard intend to send a joint team to the platform Monday to start an investigation.
One person is dead and two others suffered minor injuries after a natural gas pipeline accident off the Louisiana coast. A Chevron spokesman said a contractor was killed in the accident that took place Saturday morning.
Updated: Wed Sep 17, 2014 06:56 am
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