Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Shell Begins Main Construction Phase of Petrochemicals Complex in Potter Township, Pa.

November 15, 2017

Royal Dutch Shell’s subsidiary Shell Chemical Appalachia has started the main construction phase of its new petrochemicals complex in Potter Township in the US state of Pennsylvania. The petrochemicals complex is expected to have an annual production of 1.6 million

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China Energy to Invest $83.7 Billion in Shale Gas and Chemical Projects, West Virginia

November 15, 2017

China Energy Investment has signed a memorandum of understanding (MOU) with the state of West Virginia to invest $83.7bn in shale gas, power and chemical projects in the US state. The MoU is part of the US-China Business Exchange trade

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Canadian Association of Petroleum Producers: Methane Action Plan Can Cut Emissions by 45 Percent

November 10, 2017

The Government of Alberta has committed to reduce methane emissions by 45 percent. Industry has a competitive plan to achieve this commitment in the most efficient way that will protect 7,000 jobs and balance environmental and economic priorities, according to

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Freestone Resources and Dynamis Energy Sign Merger Agreement

November 9, 2017

Freestone Resources and Dynamis Energy have signed a merger agreement under which Freestone and Dynamis will combine their businesses in an all-stock deal. Upon completion of the transaction, Dynamis shareholders are expected to own 75 percent of the new combined

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Chevron Moves Forward with Kaybob Duvernay Shale Development Program in Alberta, Canada

November 9, 2017

Chevron Canada, a unit of US-based Chevron, has announced its decision to move ahead with the development its leaseholdings in the Kaybob Duvernay area of west-central Alberta. The initial development program, which follows completion of three-year appraisal program by Chevron,

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U.S. Court Orders Stay on Williams Partners’ Atlantic Sunrise Pipeline Project, Pa.

November 9, 2017

Construction work on Williams Partners’ $3bn Atlantic Sunrise natural gas pipeline expansion project in Pennsylvania has come to a temporary halt in Lancaster County following an order from a federal appeals court. The US Court of Appeals for the District

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Total to Acquire Engie’s Upstream and Midstream LNG Assets for $1.5 Billion

November 9, 2017

Oil giant Total has signed an agreement to acquire French utility Engie’s upstream and midstream LNG assets in the US, for $1.49bn. Under the terms of the deal, Total will acquire 16.6 percent stake in the Cameron LNG liquefaction plant

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SRC Energy to Acquire Noble Energy’s DJ Basin Assets for $608 Million, Colorado

November 9, 2017

Texas-based Noble Energy has agreed to sell nearly 30,200 net acres from its non-core DJ Basin position in Colorado to SRC Energy for a sum of $608m. SRC Energy, which is based in Denver, Colorado, is an independent operator in

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OPEC Already Considering $70 a Barrel for Oil

November 7, 2017

As recently as OPEC’s last meeting, back in May, several oil ministers were talking quite casually about $50 a barrel as a good price for crude. Don’t expect that to be repeated when they convene again at the end of

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Senate Approves Nominees for Energy Oversight Commission

November 7, 2017

The Senate has approved two more members of the federal commission that oversees the nation’s power grid and natural gas pipelines, including President Donald Trump’s choice for chairman. On voice votes Thursday, senators approved Republican Kevin McIntyre to chair the

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