Investment funds managed by Morgan Stanley Energy Partners have made a “majority equity investment” for an undisclosed amount in Durango Midstream, to support Durango’s midstream businesses in the Midcontinent region of the U.S.
Canadian pipeliner TransCanada’s Keystone XL Pipeline on Monday passed what should be its final major hurdle – excluding inevitable lawsuits – as the Nebraska Public Service Commission (NPSC) voted 3-2 to approve the route for the roughly 1,200-mile line.
The Steel Alliance Against Counterfeiting (SAAC) claims the majority of the Gulf Cooperation Council’s (GCC’s) oil and gas industry supports the tightening of controls on imports of pipe from certain markets.
Construction of the Atlantic Coast Pipeline cleared another regulatory hurdle last Friday, as the U.S. Forest Service issued a favorable Record of Decision authorizing construction, operation and maintenance of the line on Forest Service lands.
Russia’s largest steelmaker in terms of market share, MMK, said on Monday it has signed a long-term natural gas supply deal with Gazprom worth 40.41 billion roubles ($679.85 million), Kallanish Energy learns.