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Phillips 66 Becomes Joint Venture Partner with Energy Transfer to Build Bakken Crude Oil Pipelines
Energy Transfer Equity, L.P. (NYSE:ETE), Energy Transfer Partners, L.P. (NYSE:ETP) (ETE and ETP collectively, “Energy Transfer”) and Phillips 66 (NYSE:PSX) announced that they have formed two joint ventures to develop the previously announced Dakota Access Pipeline (DAPL) and Energy Transfer Crude Oil Pipeline (ETCOP) projects. Energy Transfer holds a 75 percent interest in each joint venture and will operate both pipeline systems. Phillips 66 owns the remaining 25 percent interests and will fund its proportionate share of the construction costs. The DAPL and ETCOP projects are expected to begin commercial operations in the fourth quarter of 2016.

Cameron LNG Liquefaction Project Breaks Ground In Louisiana
More than 300 community, business and international leaders, along with several federal, state and local elected officials, today took part in a groundbreaking ceremony for the new $10 billion liquefaction export facilities at Cameron LNG in Hackberry, La. The project is being developed by a joint venture formed by Sempra Energy's (NYSE: SRE) Sempra LNG unit, GDF SUEZ S.A., Mitsui & Co., Ltd. and Mitsubishi Corporation, through a related company jointly established with Nippon Yusen Kabushiki Kaisha.

Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico
Chevron Corporation (NYSE:CVX) today announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet.

Crestwood Midstream Partners Announces Successful Non-Binding Open Season for MARC II Pipeline in the Marcellus Shale
Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood”) announced today that its subsidiary, Central New York Oil & Gas Company LLC (“CNYOG”), which owns the North-South and MARC I pipelines and the Stagecoach storage facility, has successfully concluded a non-binding open season to solicit interest for firm transportation of natural gas on a proposed new 30-mile pipeline extending CNYOG’s system to the proposed PennEast Pipeline, a new interconnect on Transco’s Leidy Line, and Transco’s proposed Atlantic Sunrise Expansion Project in Luzerne County, Pennsylvania. Crestwood has received non-binding indications of interest for firm transportation on the proposed MARC II Pipeline in excess of 700 million cubic feet per day (“MMcf/d”).

Spectra Energy Announces Crude Oil Pipeline from Rockies to Midwest
Spectra Energy (NYSE: SE) and Spectra Energy Partners (NYSE: SEP) today announced a proposed expansion of their oil pipeline network, with service from Guernsey, WY to Patoka, IL. This announcement is in response to strong market demand to move light, sweet, U.S. domestic crude from multiple supply areas, including the Bakken, the Denver-Julesburg Basin and the Powder River Basin, to Patoka, where shippers will be able to access Midwest and Gulf Coast markets. The expansion may enable future access to Eastern U.S. refiners as Spectra Energy continues to explore opportunities to serve those markets as well.

Ergon to Expand Capabilities at its Mississippi-Based Specialty Oil Refinery
Ergon Refining, Inc., (Ergon) today announced plans for a $150 million expansion at its Vicksburg, Mississippi, specialty naphthenic base oil refinery. The upgrades will include enhancements to the refinery’s crude distillation unit, modifications to its base oil hydrotreaters, and an expansion of its terminal tank farm to support new product offerings.

FERC Staff Issues Final Environmental Impact Statement on the Corpus Christi LNG Project
The staff of the Federal Energy Regulatory Commission (Commission or FERC) has prepared a final environmental impact statement (EIS) for the Corpus Christi LNG Project (Project). The Project is proposed by Corpus Christi Liquefaction, LLC and Cheniere Corpus Christi Pipeline, L.P. (collectively referred to as Cheniere). All land-based facilities associated with the Project are located in San Patricio County, Texas, with the marine facilities located in Nueces County, Texas.

Ezra's Subsea Services Division Finalises Triple Contract Signings With Noble Energy For Subsea Tie-Back Projects In The US Gulf
Ezra Holdings Limited (“Ezra” or “the Group”), a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division, EMAS AMC, has finalised three contracts with Noble Energy valued collectively at over US$300 million.

Grand Mesa Pipeline Announces Successful Open Season
NGL Energy Partners, LP (NYSE:NGL) and Rimrock Midstream, LLC are pleased to announce the completion of a successful open season for the Grand Mesa Pipeline (“GMP”) originating in Weld County, Colorado and terminating at NGL’s Cushing, Oklahoma terminal. Based on the execution of long-term binding agreements with multiple shippers, GMP has more than the requisite support to commence construction of the pipeline system to accommodate the committed volumes. Pipeline operations are anticipated to commence service in 2016.

Bechtel Selected To Design New Liquefied Natural Gas Project In Louisiana
Bechtel has been selected by Louisiana LNG Energy, LLC to provide front-end engineering and design for a new midscale liquefaction facility and export terminal in Louisiana, south of New Orleans on the Mississippi River. The design will center on a modular approach, which shortens the construction schedule and accommodates future expansion.

"Bechtel brings world-class expertise in the engineering, design, and construction of LNG liquefaction projects coupled with leadership in modularization and Gulf Coast self-perform work," said Jim Lindsay, chief executive officer of Louisiana LNG Energy.

“This is an exciting project that will harness the region’s energy potential,” said Jack Futcher, president of Bechtel’s Oil, Gas & Chemicals business unit. “We will apply our extensive project delivery experience to provide Louisiana LNG Energy the most efficient design for fast-track construction of the facility. We look forward to working with them.”

The new facility will have an initial export capacity of 2 million metric tons per annum of liquefied gas and will use Chart Energy and Chemicals’ proprietary liquefaction technology. The export terminal will be positioned to serve large liquefied natural gas (LNG) carriers. Completion of the project is expected in late 2017.

Bechtel is the global leader in the LNG industry. The company is responsible for a third of LNG liquefaction capacity under construction today, including four projects in Australia and the first LNG export facility in the United States.