Tuesday, March 4, 2025

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

Deal creates Montney/Marcellus/Utica Midstream Export Opportunity AltaGas Ltd. (ticker: ALA) and WGL Holdings, Inc. (ticker: WGL) announced on Jan. 25, 2017, they have entered into a definitive agreement and plan of merger for AltaGas to acquire WGL in an all cash transaction (the “Transaction”) valued at approximately C$8.4 billion. WGL is a diversified energy infrastructure company which is the sole

Freeport Up and Running: Phillips 66 Ships First LPG Cargo Abroad

In another little milestone heralding the acceleration of U.S. energy exports, Phillips 66 (NYSE: PSX) said that Friday it loaded its first contracted LPG cargo on the Commander, a very large gas carrier (VLGC) that departed the Freeport, Texas, terminal on Dec. 16. The company said that the Freeport LPG Export Terminal is now fully operational and has the ability to

Oil’s Rush to Create Plastic May Be a Wrong Turn - oil & gas 360

Energy Prosperity Comes in Many Forms

Ethane’s domino effect in Pennsylvania The shale energy revolution is famous for jump-starting natural gas production in Appalachia, with Pennsylvania and Ohio at the center of a drilling boom during the past decade from which thousands of people flourished from good jobs related to natural gas extraction. But putting people to work drilling and producing natural gas and building pipelines to transport it

Flaring Innovation: An Interview with Brian Cebull, CEO of GTUIT

The Bakken Shale and the state of North Dakota are symbols of the hydraulic fracturing revolution, and innovations on hydrocarbon extraction continue to improve the process with each passing day. The technological advances vary across all lines of production, spanning from operations at the wellhead to lab research at the company headquarters. Among the innovators is GTUIT®, LLC, a privately

Dow Chemical Oil Prices

Dow Chairman Looks at Oil Prices, NGLs, Ethane Rejection

Chem Giant Planning for Growth in 2015 “We believe lower oil prices are a relative positive for Dow and a boost for the global economy.” “The old view of forecasting five years out almost seems to be out the door.” Following the company’s 2014 earnings release—the Dow Chemical Company (ticker: DOW) posted EPS of $3.11 for the year, a 25%