Ithaca Energy has agreed to acquire Siccar Point Energy, Aberdeen, doubling Ithaca’s recoverable reserves and supporting production of at least 80,000-90,000 boe/d through the next decade, the company said in an Apr. 7 release. Consideration…
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Refining market analysts suggest high prices won’t easily go away
Amid frustrations over diesel and gasoline prices, a refiners’ association Apr. 4 held a news briefing to talk about the crude supply problems, recovering product demand, and domestic infrastructure limits that are supporting the…
Kinder Morgan-backed Ruby Pipeline files Chapter 11
Kinder Morgan Inc.-backed Ruby Pipeline LLC, a natural gas pipeline joint venture with Pembina Pipeline Corp., filed to reorganize under Chapter 11 of the Bankruptcy Code in response to a $475 million unsecured bond repayment…