Tag: pipeline

EQT to Buy Mountain Valley Pipeline Owner for $5.5 Billion

(Bloomberg) — US natural gas producer EQT Corp. agreed to buy back former unit Equitrans Midstream Corp. for about $5.5 billion in stock, the latest in a flurry of deals in the oil and gas pipeline industry. Most Read from Bloomberg Equitrans owns the controversial Mountain Valley Pipeline venture, which is years behind schedule after […]

Enbridge to invest $500 million in pipeline assets, raises profit growth targets

(Reuters) -Pipeline operator Enbridge raised its short-term profit growth forecast on Wednesday and said it will invest about $500 million in expanding its pipeline and storage assets to improve its U.S. Gulf Coast presence. Enbridge, which operates North America’s biggest oil pipeline network, the Mainline, said it will acquire two marine docks and land from […]

Public forum held in Logansport to raise awareness of LEAP pipeline project

Mar. 3—A public forum discussing the LEAP pipeline gathered at the Logansport-Cass County Public Library Thursday evening, organized by Lafayette resident Sunny Miller. Residents from Cass and neighboring counties conversed about the pipeline plan and brainstormed ways to raise awareness about the pipeline. The LEAP pipeline, which stands for Limitless Exploration/Advanced Pace, is a project […]

Denmark ends probe into ‘deliberate’ Nord Stream pipeline blasts

By Stine Jacobsen and Louise Rasmussen COPENHAGEN (Reuters) -Denmark has dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, police said on Monday, becoming the second nation to do so after Sweden closed its own inquiry. The multi-billion dollar Nord Stream 1 and 2 pipelines transporting […]

Canada’s Oil Boom Threatens to Bring Back Pipeline Shortages

(Bloomberg) — Canada’s oil producers are poised to pour about half a million barrels of new daily output — more than the total production of some OPEC members — into world markets over the next year or so. Most Read from Bloomberg And while the deluge of new crude will be a boon to an […]

Dooley’s shares pipeline plans with Kandiyohi County Board and public

Feb. 10—WILLMAR — While only two miles of the planned 28-mile natural gas pipeline will be in Kandiyohi County, Dooley’s Natural Gas did a full public presentation on the proposed project at the Feb. 6 meeting of the Kandiyohi County Board . The public hearing was part of the project’s permitting process, required by the […]