Petroleum

Enterprise Begins Initial Service on TW Products System

Retrieved on: 
Thursday, March 7, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, Multimedia, Natural gas, Gasoline, Transport, NGL, Atlas, Enterprise Products, EPD, Security (finance), Chaparral, JAL, Risk, Partner, Petroleum

Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced that the first phase of its Texas Western Products System (“TW Products System”) is now in service with the start of truck loading operations at the company’s new Permian terminal in Gaines County, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20240307497958/en/
    Enterprise's Hobbs TW Products terminal is located in Gaines County, Texas.
  • (Photo: Business Wire)
    “Once completed, the TW Products System will provide supply reliability and diversity to the historically underserved gasoline and diesel markets in the southwest United States,” said A.J.
  • Utilizing a batched delivery system will give the company the ability to continue transporting mixed NGLs and NGL purity products in addition to gasoline and diesel.

Enterprise to Participate in Investor Conferences

Retrieved on: 
Monday, March 4, 2024
Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, Natural gas, Transport, NGL, Atlas, Conference, Enterprise Products, EPD, Partner, Petroleum

The latest investor deck that may be used to facilitate the investor meetings can be accessed under the Investors tab on the Enterprise website.

Key Points: 
  • The latest investor deck that may be used to facilitate the investor meetings can be accessed under the Investors tab on the Enterprise website.
  • Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
  • Please visit www.enterpriseproducts.com for more information.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240304414255/en/

SCF Partners Acquires Flowchem, Val-Tex, and Sealweld, Leading Providers of Specialized Solutions for Midstream Infrastructure Operations and Maintenance

Retrieved on: 
Monday, March 4, 2024
Oil, Gas, Manufacturing, Energy, Other Energy, Chemicals, Plastics, Acquisition, Multimedia, Lubricant, Pipeline, SCF, PIM, Safety, Partnership, Petroleum

The PIM business manufactures highly specialized chemicals and other products for midstream infrastructure, and consists of three businesses: Flowchem, Val-Tex, and Sealweld.

Key Points: 
  • The PIM business manufactures highly specialized chemicals and other products for midstream infrastructure, and consists of three businesses: Flowchem, Val-Tex, and Sealweld.
  • Our strategic growth plan will now accelerate under a new and focused board with significant energy and infrastructure experience.
  • Aging midstream infrastructure and rising utilization further augment the need for these solutions.
  • Together with the leadership team, we look forward to creating value in the company’s next chapter of growth.”

Acquia Announces 2023 Partner Award Winners

Retrieved on: 
Thursday, February 29, 2024
Software, Technology, Internet, Other Technology, Paragon, CMS, Drupal, SCSK, DXP, Cyber-Duck, Partner, MVP, DCX, Organization, Ecosystem, AWS, Petroleum

Acquia , the digital experience leader, today announced the winners of the 2023 Partner Awards, which showcase the top performers in Acquia’s partner ecosystem.

Key Points: 
  • Acquia , the digital experience leader, today announced the winners of the 2023 Partner Awards, which showcase the top performers in Acquia’s partner ecosystem.
  • The company recognized 24 organizations globally based on superior customer outcomes, innovative work with the open source Drupal content management system (CMS) and the Acquia digital experience platform ( Acquia DXP ), and revenue performance.
  • “Each of our 2023 winners went above and beyond to deliver value to customers and enable the creation of game-changing, productive digital experiences,” said Darren Burris, VP of Channels at Acquia.
  • Learn more and find an Acquia partner at https://www.acquia.com/partners .

The Global Market for Biofuels Report 2024-2035, with 200 Profiles of Leading Biofuels Producers and Technology Providers - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 27, 2024
Alternative Energy, Energy, Other Energy, Aviation, Transport, Biofuel, Growth, Market, Biomass, Petroleum, Policy, Carbon, Renewable energy

The "Global Market for Biofuels 2024-2035" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Biofuels 2024-2035" report has been added to ResearchAndMarkets.com's offering.
  • The Global Market for Biofuels 2024-2035 provides a comprehensive analysis of the global biofuels market and emerging alternatives through 2035.
  • Granular feedstock, process technology and application assessments provide insights for stakeholders to position across the evolving biofuels value chain.
  • Types covered include:
    Market analysis including key players, end use markets, production processes, costs, production capacities, market demand for biofuels including:

Woodside Releases Full-Year 2023 Results

Retrieved on: 
Monday, February 26, 2024
Oil, Gas, Energy, Environment, Climate Change, Utilities, Petroleum, BHP, NPAT, Natural gas, Sale, Carbon, Angel, FID

Woodside CEO Meg O’Neill said she was tremendously proud that at a time of inflationary pressures, Woodside continued to return strong dividends to shareholders while delivering on our strategy to thrive through the energy transition.

Key Points: 
  • Woodside CEO Meg O’Neill said she was tremendously proud that at a time of inflationary pressures, Woodside continued to return strong dividends to shareholders while delivering on our strategy to thrive through the energy transition.
  • “Woodside is supplying energy the world needs from a high-quality portfolio which is geographically advantaged to meet growing demand for LNG.
  • “The Scarborough Energy Project received four key environmental approvals in December 2023 and was 55% complete at the end of the year.
  • We also commenced concept select for Angel carbon capture and storage, which has the potential to address Woodside Scope 1 emissions and customer emissions.

Enterprise to Acquire Interest in Panola NGL Pipeline From Western Midstream

Retrieved on: 
Wednesday, February 21, 2024
Oil, Gas, Energy, Natural gas, Transport, NGL, Sale, Atlas, Enterprise Products, EPD, Security (finance), Hand, Risk, Partner, Petroleum

Enterprise Products Partners L.P. (NYSE: EPD) today announced that its affiliate has entered into a definitive agreement to acquire member interests in Panola Pipeline Company, LLC (“Panola”) from an affiliate of Western Midstream Partners, LP (“Western”) in a debt-free transaction for $25 million in cash consideration.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE: EPD) today announced that its affiliate has entered into a definitive agreement to acquire member interests in Panola Pipeline Company, LLC (“Panola”) from an affiliate of Western Midstream Partners, LP (“Western”) in a debt-free transaction for $25 million in cash consideration.
  • Enterprise executed a definitive agreement to acquire Western’s 15 percent equity interest in Panola.
  • Panola owns a 253-mile pipeline that transports mixed NGLs from natural gas processing plants in East Texas, including Enterprise’s Bulldog plant, to multiple destinations, including the partnership’s NGL fractionation complex in Chambers County, Texas.
  • Subject to the rights of other Panola owners to participate in the sale of Western’s interest, upon closing of this transaction, Enterprise will own up to 70 percent of Panola.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for March

Retrieved on: 
Tuesday, February 20, 2024
Banking, Professional Services, Finance, EIP, Plan, Internal Revenue Code, Hamas, New York Stock Exchange, Petroleum, Investment, Natural gas, AIB (NI), Terrorism, FTP, Federal Reserve, ERISA, Risk, Federal, COVID-19, Judgement, MLP, FINRA, Trustee, Policy, Uncertainty, Security (finance), FTA, Infection, Life insurance

First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.

Key Points: 
  • First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.
  • Under the Plan, the Fund intends to continue to pay a recurring monthly distribution that reflects the distributable cash flow of the Fund.
  • This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains.
  • The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector.

Pure Storage Unveils Strategic Evolution of its Partner Program, Built for the Subscription Economy

Retrieved on: 
Thursday, February 29, 2024
EDI, Growth, Partner, Automation, Pure Storage, PSTG, Salesforce, MSRP, Service, Petroleum

SANTA CLARA, Calif., Feb. 29, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced significant updates to its robust partner program, delivering heightened value and performance to partners, tailored to their unique business models. These enhancements reflect Pure Storage's service-led strategy to enable new levels of scale, consistency, and preference for partners as the only storage vendor to deliver subscriptions entirely through the channel.

Key Points: 
  • The ability to adapt to the subscription economy is increasingly defining the success of businesses across industries.
  • Pure Storage has aligned partner feedback, customer needs, and its company strategy to deliver continuous innovation to the Partner Program.
  • Enhanced Partner Intelligence Tools: Pure Storage is launching a Partner intelligence dashboard that gives Partners visibility into all of their engagements with Pure Storage and customers from current business and pipeline, as well as guided proactive recommendations on upgrade/upsell/renewal opportunities.
  • -- Wendy Stusrud, VP, Global Partner Sales, Pure Storage
    To learn more about becoming a Pure Partner, visit Pure Storage's partner page .

Supreme Court dismisses Secure Energy's application to appeal the successful challenge of Secure and Tervita merger

Retrieved on: 
Monday, February 26, 2024
Bureau, Petroleum, Tribunal, Natural gas, Competition Bureau, Secure, Sale, WCSB, Competition, SCC, Columbia, Federal court, Cave, Tervita, Supreme court, Water, Oil

GATINEAU, QC, Feb. 26, 2024 /CNW/ - The Competition Bureau welcomes the Supreme Court of Canada's (SCC) decision to dismiss an application by Secure Energy seeking leave to appeal the Bureau's successful challenge of the merger of two rival suppliers of oilfield waste services.

Key Points: 
  • GATINEAU, QC, Feb. 26, 2024 /CNW/ - The Competition Bureau welcomes the Supreme Court of Canada's (SCC) decision to dismiss an application by Secure Energy seeking leave to appeal the Bureau's successful challenge of the merger of two rival suppliers of oilfield waste services.
  • The Bureau recently approved R360 Environmental Solutions Canada Inc. as the buyer of the 29 facilities.
  • The facilities include 17 treatment, recovery, and disposal facilities, 4 standalone water disposal wells, 6 landfills and 2 caverns.
  • Secure acquired these facilities as part of the merger.