Industry News

    BP has signed an agreement with the Associated Landowners of the Ohio Valley (ALOV) to lease approximately 84,000acres in Trumbull County, Ohio in the Utica/Point Pleasant shale basin.

Westinghouse Electric Co. will be applying to the Department of Energy for up to USD452 million for the rapid development and deployment of the company’s small modular reactor technology in Cranberry, Pennsylvania.

    The Tennessee Valley Authority is taking steps to help the population nervous of nuclear power following last year’s reactor disaster in Japan.

    Oil producers in North America are hoping to ease the disconnect in the crude markets by addressing the reversal of the Seaway pipeline to run to refineries nest the Gulf of Mexico from the central United States.

Exelon Corporation and Constellation Energy have completed their merger, effective 12 March 2012. The merger creates one of the largest retail customer bases and the leading U.S. competitive energy provider with one of the cleanest and lowest-cost power generation fleets in the industry.

    A subsidiary of Foster Wheeler’s Global Engineering and Construction Group has been awarded the basic design and front-end engineering design contract by Complejo GNL del Este.

    The province of Alberta and Canadian federal governments have unveiled the Joint Canada-Alberta Implementation Plan for Oil Sands Monitoring, a plan to increase water, air, land and biodiversity monitoring of the country’s oil sands regions.

  Boardwalk Pipeline Partners, LP subsidiary, Boardwalk Field Services LLC will be constructing a cryogenic gas processing plant to serve producers in the Eagle Ford Shale and will be expanding its gathering system.

CRANE Energy Flow Solutions® has announced its recent hire of Javier Suarez, who will serve as Global Business Line Manager – Cast Steel Valves based in The Woodlands, Texas.

  NGL Energy Partners LP has acquired the assets comprising the propane and distillate operations of North America Propane (NAP) for about USD66.8 million.