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NEWS Click on text to read news by category: General | Product | People | Worldwide

House Votes to Give FERC Authority Over Approval of Interstate Natural Gas Pipelines

July 24, 2017

The House voted Wednesday to prevent future presidents from scuttling oil and gas pipelines, like the Keystone XL project, that run across international borders. Lawmakers voted to give the Federal Energy Regulatory Commission (FERC) authority over the approval of interstate

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Court Orders NEB to Reconsider Decision on TransCanada’s $5 Billion Pipeline Project

July 24, 2017

Canada’s Federal Court of Appeal has ordered the National Energy Board (NEB) to reconsider the provincial approval to TransCanada’s $5bn Prince Rupert Gas Transmission (PRGT) pipeline. The NEB has also been asked to determine if the pipeline project falls under

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NOAA Report: Oil and Gas Not to Blame for Methane Emissions

July 24, 2017

Government research published Tuesday indicates that drilling for oil and gas isn’t to blame for rising methane emissions. A collaborative effort between the National Oceanic and Atmospheric Administration (NOAA) and the University of Colorado, Boulder attempted to link rising methane

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Jobs Coming Back to U.S. Oilfields After Years of Decline

July 24, 2017

Oil jobs are coming back to the U.S. after three years of mass layoffs, according to new federal employment data. Bureau of Labor Statistics data shows the oil industry added 2,500 jobs so far this year, reversing a 27-month-long decline

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SemGroup Completes Acquisition of Houston Fuel Oil Terminal for $2.1 Billion

July 21, 2017

SemGroup has completed the acquisition of Houston Fuel Oil Terminal (HFOTCO) from investment funds managed by Alinda Capital Partners for around $2.1bn. Under the deal, SemGroup has paid $301m as initial payment and issued 12.4 million common shares to Alinda

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AG&P Launches New Business Unit in U.S. to Service LNG Industry

July 21, 2017

Atlantic, Gulf and Pacific Company (AG&P) has launched its new business unit in the US, in a bid to serve customers in the liquefied natural gas (LNG) industry. Based in Houston, the AG&P Engineering will provide advanced LNG services to

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Williams Partners Subsidiary Seeks FERC Approval for North Seattle Lateral Upgrade Project

July 21, 2017

Williams Partners’ Northwest Pipeline is seeking an approval for its North Seattle Lateral upgrade project in the US state of Washington from the Federal Energy Regulatory Commission (FERC). The project will be built by the Williams Partners subsidiary for Washington

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Mewbourne Oil Company Opens New Permian Basin Headquarters in Southeast New Mexico

July 20, 2017

Mewbourne Oil Company has opened new regional headquarters for operations in Southeast New Mexico’s booming Permian Basin. The Tyler, Texas-based company’s new facility underscores their long-term commitment to Hobbs, New Mexico and the Permian Basin with an eye toward growth

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Atlas Unveils New Website and Logo through Fueling Innovation Campaign

July 20, 2017

Atlas has launched its new website and logo as the Michigan-based company positions itself as an oil and gas industry leader committed to fueling innovation by introducing new technology and strategic nationwide partnerships. “Atlas is excited to remain a catalyst

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Tall Oak Midstream Forms New Company, Tall Oak Midstream III

July 20, 2017

Tall Oak Midstream’s founders have formed Tall Oak Midstream III, LLC with an initial equity commitment of up to $200 million from private equity firm EnCap Flatrock Midstream and Tall Oak management. In January 2016, Tall Oak sold its first

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