Conference: Atlantic LNG executive touts firm’s competitive edge

LNG from the US cannot compete with supplies from Atlantic LNG (ALNG), says Nigel Darlow, ALNG’s chief executive officer. Speaking this week at the Trinidad and Tobago Energy Chamber’s annual energy conference in Port of Spain, Darlow noted that much was made of the US becoming an LNG exporter and its potential impact on ALNG, […]


24 Jan 2017 16:00:00 EST – The latest stock information is now available for your stocks

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Eni, NNPC to partner on Port Harcourt refinery revamp

Italy’s Eni SPA and Nigerian National Petroleum Corp. will work together on the modernization of NNPC subsidiary Port Harcourt Refining Co Ltd.’s (PHRC) refining complex in Rivers State, Nigeria. Source: News


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EnQuest to buy stakes in Magnus field, other assets from BP

EnQuest PLC is to buy a 25% stake in Magnus oil field in the UK North Sea from BP PLC, along with smaller interests in the Sullom Voe oil terminal, the Northern Leg Gas Pipeline, and the Ninian Pipeline System for $85 million. Source: News


Magellan Pipeline settles federal charges from spills in 3 states

Magellan Pipeline Co. LP settled federal charges that it violated the federal Clean Water Act in gasoline, diesel, and jet fuel spills in Texas City, Tex.; Nemaha, Neb.; and El Dorado, Kan., the US Department of Justice and Environmental Protection Agency jointly announced. Source: News


Targa to buy Permian midstream assets for up to $1.5 billion

Targa Resources Corp. has agreed on behalf of subsidiary Targa Resources Partners LP to acquire 100% of the membership interests of Outrigger Delaware Operating LLC, Outrigger Southern Delaware Operating LLC, and Outrigger Midland Operating LLC for $565 million cash and up to $935 million in additional cash as potential earn-out payments. Source: News