NGL pipeline in Texas
Enterprise Products Partners L.P., (EPD) Enbridge Energy Partners L.P., (EEP) and Anadarko Petroleum Corp. (APC) have agreement to design and construct a new natural gas liquids (NGL) pipeline that will originate from Skellytown, Texas in Carson County and extend approximately 580mi to NGL fractionation and storage facilities in Mont Belvieu, Texas.
USD 7 billion gas, power project
Chevron Corp. will likely reach an agreement with state-run PetroVietnam by late September to jointly finance and build a USD 7 billion project in Vietnam. ConocoPhillips spinoff to close in 2Q 2012
ConocoPhillips (COP) expects to complete the spinoff of its refining arm in the second quarter of 2012. Under the deal, stockholders will receive one share in the new refining company for every two ConocoPhillips shares they presently own.
Primoris wins 56.5 million in pipeline contracts
Primoris Services Corp. has won new contracts for pipeline projects in California, Pennsylvania, and Wyoming with an estimated total value of USD 56.5 million. The Underground division of Primoris's wholly owned subsidiary, ARB, Inc.
Boeing funds Dalhousie project for aerospace
The Boeing Company is making an investment in Dalhousie University to support research and development projects that will strengthen the aerospace industry’s potential and competitiveness in Canada and across the globe.