Oil & Gas
Oil & Gas
FortisBC receives approval to adjust natural gas rates for Fort Nelson
FortisBC has received approval from the BC Utilities Commission (BCUC) to modify rates for Fort Nelson natural gas customers, effective January 1, 2017. The Fort Nelson gas cost recovery rate will increase by $0.792 per gigajoule...
Oil & Gas
BP approves Mad Dog Phase 2 project in the Deepwater Gulf of Mexico
BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment. Mad Dog Phase 2 will include a new floating...
Oil & Gas
MDU Resources Subsidiary Signs Sale Agreement for its Share of N.D. Natural Gas Processing Plant
WBI Energy Midstream, LLC, an indirect, wholly owned subsidiary of MDU Resources Group, Inc announced that it has entered into a purchase and sale agreement to sell its 50 percent non-operating ownership interest in the Pronghorn natural gas processing...
Oil & Gas
Natural Chem GroupAcquires Abengoa Ethanol Plant
Natural Chem Group (NCG) has acquired the ethanol plant in Portales, New Mexico via a bidding process. The new owner has plans to re-purpose the facility into an Eco-Fuels Blend Terminal with the ability to produce 4.5 million gallons...
Oil & Gas
Cielo Signs Commercial Purchase Agreement For Bio-Diesel Refinery
Cielo Waste Solutions Corp is pleased to announce that it has signed a Commercial Purchase Agreement with XR Resources Inc. to purchase a property (the "Property") located in High River, Alberta, on which there is an existing bio-diesel refinery....
Oil & Gas
Nigeria announces $246 million in Green Bonds for 19 projects including jatropha biofuels
In Nigeria, the government has released the guidelines for the $246 million in Green Bonds that it will invest in a wide range of renewable energy and agriculture including jatropha for both reforestation and for biofuel production. ...
Oil & Gas
GE Oil & Gas expands its services facility in Egypt in cooperation with GAFI
GE Oil & Gas has announced the expansion of its services facility in Egypt with an additional 2,000 square meter in the industrial free zone to now reach a total of 5,000 square meter. The expanded...
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