Image - Inter Pipeline Announces Closing of Canadian NGL Midstream Acquisition

Inter Pipeline Announces Closing of Canadian NGL Midstream Acquisition

Inter Pipeline Ltd. announced today the successful closing of its acquisition of the shares of The Williams Companies Inc.'s and Williams Partners L.P.'s Canadian natural gas liquids ("NGL") midstream businesses ("Williams Canada") for cash consideration of $1.35 billion, subject to closing adjustments. This strategic acquisition, announced on August 8, 2016, includes two NGL and olefinic liquids extraction plants located near Fort McMurray, A...

Oil and Gas - Sep 23, 2016


Image - Canacol Energy Ltd. Doubles Natural Gas Drilling Activity In Colombia

Canacol Energy Ltd. Doubles Natural Gas Drilling Activity In Colombia

Canacol Energy Ltd. is pleased to provide a revised capital plan for 2016. The new capital plan accelerates the Corporation's natural gas opportunities in Colombia with three new gas wells. In addition, one new oil well will be drilled over the remainder of 2016. The revised 2016 capital plan has increased by $34 million, from $58 million to $92 million. In August, Canacol raised $35 million from long term strategic investors including follow-on ...

Oil and Gas - Sep 21, 2016


Image - Siemens and MAPNA to Start Transfer of Know-how for F-class Gas Turbines

Siemens and MAPNA to Start Transfer of Know-how for F-class Gas Turbines

Only six months after signing of the energy agreement with the MAPNA Group, Siemens has shipped the first F-class gas turbine for the project Bandar Abbas to Iran. This is the first stage of the bilateral contract covering the transfer of know-how for F-class gas turbine technology between Siemens and MAPNA.As part of the Bandar Abbas gas-fired power plant, this turbine along with the rest of the equipment which will be provided by MAPNA, will he...

Oil and Gas - Sep 20, 2016




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