In a landmark acquisition that underscores the growing influence of Paret Mining LLC, Haitian-American oil magnate Emmanuel Fritz Paret has solidified his company’s position as a powerhouse in the U.S. oil and gas sector. The acquisition involves a vast 10,000-acre oil reserve in Bowling Green, Kentucky, encompassing 150 oil and natural gas wells with an […]
In a significant move toward its 2024 financial targets, TC Energy Corporation, along with its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P., has successfully completed the sale of the Portland Natural Gas Transmission System (PNGTS) for a gross purchase price of USD 1.14 billion. The transaction, initially announced in July […]
In a significant move to bolster North America’s energy infrastructure, Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared its entry into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP. This partnership is set to create a joint venture aimed at developing, constructing, owning, and operating crucial natural gas pipeline and storage assets. These […]
TC Energy Corporation (TSX, NYSE: TRP), a leading player in the energy sector, has taken a significant step forward by entering into a binding letter agreement with the Nisga’a Nation and Western LNG (the Buyers) for the sale of all outstanding shares in Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in […]