Midstream

Canadian company develops efficient new natural gas process

Retrieved on: 
Monday, June 6, 2022

"We are truly thrilled to offer SABR at this time to the natural gas processing industry", stated Gas Liquids Engineering Vice President Operations, Stuart MacKenzie.

Key Points: 
  • "We are truly thrilled to offer SABR at this time to the natural gas processing industry", stated Gas Liquids Engineering Vice President Operations, Stuart MacKenzie.
  • SABR stands for "Split ABsorber Reflux", covering multiple variations of the process, intended for increased recovery of natural gas liquids (NGL) from natural gas, in a variety of applications.
  • Gas Liquids Engineering has begun offering licensing of SABR to natural gas producers, midstreamers, and gas plant equipment fabricators.
  • Gas Liquids Engineering is a Calgary, Alberta, Canada based engineering firm specializing in natural gas and liquids processing, energy projects, and carbon capture and sequestration.

Civitas Names M. Chris Doyle Chief Executive Officer

Retrieved on: 
Monday, May 2, 2022

Civitas Resources, Inc. (NYSE: CIVI) (Civitas or the Company), today named Chris Doyle its next President and Chief Executive Officer, effective May 2, 2022.

Key Points: 
  • Civitas Resources, Inc. (NYSE: CIVI) (Civitas or the Company), today named Chris Doyle its next President and Chief Executive Officer, effective May 2, 2022.
  • At both companies, Mr. Doyle helped create a culture anchored on operational excellence, accountability, transparency, and leading ESG performance.
  • Ben Dell, Civitas Chairman and interim CEO, said: I am very pleased to welcome Chris to Civitas.
  • Following an extensive process, the Board unanimously agreed that Mr. Doyle was the right leader to help Civitas meet its significant potential.

Irresistible 2022-- the Global HR Event from The Josh Bersin Company--unveils its high-caliber CHRO speaker line up, and more

Retrieved on: 
Wednesday, April 27, 2022

It will examine the environment and experience for employees is in the post-Covid era.

Key Points: 
  • It will examine the environment and experience for employees is in the post-Covid era.
  • Once and for all, the power has shifted to employees who are looking for irresistible employers and work experiences.
  • With the Global Workforce Intelligence (GWI) Project, The Josh Bersin Company expands its support of market-leading businesses by helping them navigate the challenges of industry convergence while remaining future-focused.
  • Under the company's umbrella is the Josh Bersin Academy, the world's first global development academy for HR and talent professionals and a transformation agent for HR organizations.

Blueknight to be Acquired by its General Partner, Ergon

Retrieved on: 
Friday, April 22, 2022

The agreement follows the offer made by Ergon in October 2021 to acquire the Public Common Units and Public Preferred Units.

Key Points: 
  • The agreement follows the offer made by Ergon in October 2021 to acquire the Public Common Units and Public Preferred Units.
  • Following the receipt of the recommendation of the BKEP Conflicts Committee, the GP Board approved the transaction.
  • Ergon is a privately held company formed in 1954 and is based in Jackson, Mississippi, with over 3,000 employees globally.
  • Blueknight, Ergon and certain of their directors, executive officers and employees may be deemed participants in the solicitation of consents from Blueknight unitholders in connection with the proposed transaction.

National Fuel Announces Management Changes

Retrieved on: 
Wednesday, March 16, 2022

WILLIAMSVILLE, N.Y., March 16, 2022 (GLOBE NEWSWIRE) -- Today, National Fuel Gas Company (National Fuel or the Company) (NYSE: NFG) announced that Michael Kasprzak, President of National Fuel Gas Midstream Company, LLC (Midstream), will retire on April1, 2022.

Key Points: 
  • WILLIAMSVILLE, N.Y., March 16, 2022 (GLOBE NEWSWIRE) -- Today, National Fuel Gas Company (National Fuel or the Company) (NYSE: NFG) announced that Michael Kasprzak, President of National Fuel Gas Midstream Company, LLC (Midstream), will retire on April1, 2022.
  • Welch began his career with National Fuel in 2002 as a Management Associate and since has worked for various departments and divisions, holding positions such as Director of Investor Relations and Marketing Manager for the East Division of Seneca Resources.
  • Corcoran will maintain her existing responsibilities as Deputy General Counsel for National Fuel Gas Distribution Corporation and Assistant General Manager of the Land Department.
  • She joined National Fuel in 2013 as a law clerk and transitioned to a full-time attorney a short time later.

Texas Pipeline Company Max Energy Teams With Macquarie to Offset Its Direct Emissions Under a Structure That Will Also Allow Max to Offer Carbon Services to Its Customers

Retrieved on: 
Thursday, February 24, 2022

Max Midstream Texas, LLC (Max Midstream), a Houston-based energy company and subsidiary of Max Energy Industrial Holdings US, LLC, has collaborated with Macquarie Groups Commodities and Global Markets (Macquarie) division to offset its direct greenhouse gas emissions.

Key Points: 
  • Max Midstream Texas, LLC (Max Midstream), a Houston-based energy company and subsidiary of Max Energy Industrial Holdings US, LLC, has collaborated with Macquarie Groups Commodities and Global Markets (Macquarie) division to offset its direct greenhouse gas emissions.
  • Macquarie retired the carbon offsets on behalf of Max Midstream at the Verra registry.
  • Max Midstream is entirely committed to environmental sustainability and its relevance in the energy transition, said Jon Novitsky, CEO of Max Midstream.
  • This agreement with Macquarie and our first retirement of offsets is just one of the first steps in our ESG journey.

RGC Resources, Inc. Statement Regarding Mountain Valley Pipeline Project

Retrieved on: 
Tuesday, February 22, 2022

It is likely that Midstream will recognize a material impairment charge in the fiscal second quarter.

Key Points: 
  • It is likely that Midstream will recognize a material impairment charge in the fiscal second quarter.
  • A public disclosure concerning the nature and amount of the impairment charge will be made in accordance with SEC rules.
  • Due to the impairment evaluation and the discontinuance of the summer 2022 in-service target for the MVP project, Resources is withdrawing its fiscal 2022 earnings guidance.
  • These statements include the Company's expectations regarding an impairment charge, earnings guidance, estimated completion for the MVP project and commitment towards completing the MVP project.

Advisory: 2022 Chevron Investor Day

Retrieved on: 
Tuesday, February 8, 2022

Chevron Corporation (NYSE: CVX), one of the worlds leading energy companies, will hold its annual investor day on Tuesday, March 1, 2022, at 10:00 a.m.

Key Points: 
  • Chevron Corporation (NYSE: CVX), one of the worlds leading energy companies, will hold its annual investor day on Tuesday, March 1, 2022, at 10:00 a.m.
  • Jay Johnson Executive Vice President, Upstream
    Colin Parfitt Vice President, Midstream
    Mark Nelson Executive Vice President, Downstream & Chemicals
    Bruce Chinn President and Chief Executive Officer, Chevron Phillips Chemical Company
    Roderick Green General Manager, Investor Relations
    To access the live webcast and dial-in details, visit www.chevron.com .
  • Chevron is one of the worlds leading integrated energy companies.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.

Hess Announces 2022 E&P Capital and Exploratory Budget

Retrieved on: 
Tuesday, January 25, 2022

Note: This budget excludes expenditures associated with the Midstream segment.

Key Points: 
  • Note: This budget excludes expenditures associated with the Midstream segment.
  • Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
  • More information on Hess Corporation is available at http://www.hess.com .
  • Forward-looking statements are based on our current understanding, assessments, estimates and projections of relevant factors and reasonable assumptions about the future.

Project Canary Expands Midstream Team, Leads Charge Towards Full Value Chain Certification of Energy Industry

Retrieved on: 
Wednesday, December 15, 2021

"Project Canary has made waves across the industry for its work in Upstream certification and continuous monitoring," said Mr. Edward Lush, Project Canary Head of Energy Transitions--Midstream. "From gathering to processing to transmission, bringing these high standards to the Midstream sector represents a key opportunity for the gas industry to cut emissions further and accurately assess environmental performance." 

Key Points: 
  • Edward Lush, Head of Energy Transitions--Midstream, will be responsible for leading the adoption of Project Canary environmental certification and use of performance data by Midstream customers.
  • Melissa Yuan, Midstream Certification Engineer, will play a critical role in enhancing and deploying Project Canary's Midstream assessment standards.
  • "Project Canary has made waves across the industry for its work in Upstream certification and continuous monitoring," said Mr. Edward Lush, Project Canary Head of Energy Transitions--Midstream.
  • Project Canary is an independent certification organization that measures, tracks, and delivers trusted ESG data across the energy value chain.