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

Enterprise Begins Service on Rancho II Pipeline, Permian Basin and Eagle Ford Shale

September 24, 2015

Enterprise Products Partners L.P. has begun service on its Rancho II pipeline between Sealy, Texas and the partnership’s ECHO terminal in southeast Houston. The 88-mile, 36-inch diameter pipeline will transport various grades of crude oil, condensate and processed condensate from

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Kinder Morgan Extends Binding Open Season for Utica Marcellus Texas Pipeline

September 24, 2015

Kinder Morgan, Inc. has extended its current binding open season to review shipper comments and interest received to date, as well as continue to seek commitments for the proposed Utica Marcellus Texas Pipeline (UMTP) project, which would transport natural gas

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Intertek Expands Shale Testing Capacity in Permian Basin with New Laboratory in Midland, Texas

September 24, 2015

Intertek has expanded shale testing capacity with a new laboratory in Midland, Texas to support the shale industry’s rapid growth in the Permian Basin. In this facility, Intertek will provide critical industry support on a wide range of exploration, production

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Crude Oil Prices Back Under Pressure

September 24, 2015

Crude oil prices were back under pressure overnight in the face of uncertainty about the outlook for the Chinese economy ahead of data tomorrow. Confusion about the future direction of US interest rates and the strength of the US economy

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Austin Raising $3.3 Million to Fund Colorado, Kentucky, Mississippi Oil and Gas Assets Development

September 24, 2015

Austin Exploration is raising up to $3.3 million through a two for three rights issue priced at $0.015 to fund drilling across its Colorado, Kentucky and Mississippi oil and gas assets. This represents a 25 percent discount to the share

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Atlantic Coast Pipeline Files with FERC to Build $5 Billion Interstate Natural Gas Pipeline

September 21, 2015

Atlantic Coast Pipeline, LLC has formally applied to the Federal Energy Regulatory Commission (FERC) for permission to build a 564-mile interstate natural gas transmission pipeline designed to meet the need for cleaner electricity generation, satisfy the growing demand for natural

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Velocity Midstream and CVR Energy Execute LOI for Construction of SCOOP and STACK Plays, Oklahoma

September 21, 2015

Velocity Midstream Partners, LLC wholly owned subsidiary Velocity Central Oklahoma Pipeline LLC has entered into a letter of intent (LOI) with CVR Energy, Inc. related to Velocity’s construction of a crude oil gathering and transportation system through the fairways of

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IHS: Opening of Mexican Energy Industry Driving Energy Infrastructure Investment

September 21, 2015

The recent opening of the Mexican upstream energy industry, combined with access to abundant U.S. natural gas feedstock from Texas, is driving significant energy infrastructure investment on both sides of the border. That infrastructure, along with planned access to more

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Energy Department Unveils $70 Million for Innovation Institute on Oil & Gas Smart Manufacturing

September 21, 2015

The Department of Energy is providing up to $70 million in funding for the next Clean Energy Manufacturing Innovation Institute, which will be focused on smart manufacturing. With this investment, the department aims to support research and development advancements that

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Majority of American Voters Believe Ongoing Keystone XL Delay Hurts U.S. Energy Security and Economy

September 21, 2015

A majority of U.S. voters of all political persuasions agreed that the years of Keystone XL delay have hurt our energy security and economy, according to a new poll conducted for API by Harris Poll. “As we mark seven years

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