Downstream

U.S. Pipeline Firms Poised to Follow Biggest Customers into M&A

This post was originally published on this siteU.S. energy pipeline and storage operators have spent two years watching the consolidation of oil and gas producers, and now they are gearing up for the merger wave to hit their sector, executives, investors, and analysts said. The midstream sector has a lot of specialized midsize firms and […]

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Canada’s Trans Mountain Expansion Startup Date Hangs on Final 2.5-Km Leg

This post was originally published on this siteLast segment goes through hard rock in rugged B.C. terrain Bloomberg News The startup date for Canada’s mega oil pipeline should be known within weeks as Trans Mountain Corp. drills through hard rock in British Columbia’s rugged Fraser Valley for the final stretch of the 1,150-kilometre conduit. “The next few

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The Struggling Battery Factory Behind GM’s Electric Vehicle Broblems

This post was originally published on this siteGM’s EV transition has been fraught with delays, including automation issues and software glitches Bloomberg News General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises chief executive Mary Barra made five years ago. It still has a long way to go.

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Chevron to Pay over $13 Million in Settlement for California Oil Spills

This post was originally published on this siteReuters Reuters – Chevron  will pay $13.1 million in settlement agreements with two California state agencies for past oil spills in Kern County, Bakersfield, the California natural resources agency said on Wednesday, as the major oil producing state strengthens regulations. Chevron, which has already paid for the cleanup costs

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U.S. Permit Reviews, Red Tape Provoke Energy Conference Debates

This post was originally published on this siteU.S. energy permitting delays and the need for streamlined new project reviews dominated conversations among oil and gas executives and lawmakers in meeting rooms and hallways at the CERAWeek energy conference this week. The fossil fuel industry historically has objected to red tape that slows or raises development

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BlackRock Ditched by Texas Fund Shows Limits of Fink Persuasion

This post was originally published on this siteTexas Permanent School Fund to pull $8.5 billion from firm Law restricts business with companies deemed oil boycotters It was just weeks ago when BlackRock Inc. Chief Executive Officer Larry Fink took the stage with Texas Lieutenant Governor Dan Patrick at an industry event in Houston. The chummy meeting between the Republican politician and the head

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