Enbridge to assume operation of Gray Oak oil pipeline in Texas

CALGARY — Enbridge Inc. says it has completed a deal that will see the Calgary-based pipeline giant become operator of the Gray Oak oil pipeline in Texas. Enbridge says its joint venture merger deal with Houston-based energy company Phillips 66 will result in a single...

Companies plan $2.6B investment in major Alaska oil project

ANCHORAGE, Alaska (AP) — Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska’s North Slope. Australia-based Santos and Spain-based Repsol made the announcement, which was lauded by state political...