Oil, Gas and Shale
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Western Marketing, Inc. Acquires Fort Worth, Texas-based Felts Oil Sales

July 8, 2015

Western Marketing, Inc. (WMI) has acquired Fort Worth-based Felts Oil Sales. “We have no doubt that WMI is the best choice to carry this mission forward and to continue providing superior service to our automotive and heavy-duty fleet customers. All

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Valmec Secures $7.5 Million Additional Service Contracts Through Its Gas and Infrastructure Division

July 8, 2015

Valmec Limited has secured $7.5 million worth of additional service contracts through its gas and infrastructure divisions, further building its existing service contracts book. The contracts, which are based in Western Australia and at Moomba in South Australia, extend across

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Platts Global Energy Awards Now Accepting Nominations for 2015 Program

July 8, 2015

Nominations are now being accepted for the 2015 Platts Global Energy Awards, which recognize corporate and individual excellence in 17 awards categories. The awards program, often described as “the Oscars of Energy,” is now in its 17th year. The awards

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CB&I Awarded $115 Million EPC Contract for Ingleside Ethylene’s Storage Facility, Texas

July 8, 2015

CB&I has been awarded a contract valued at approximately US$115 million, as part of the scope of the ethylene project, by Ingleside Ethylene LLC, a joint venture between Mexichem, S.A.B. de C.V. and Occidental Chemical Corporation (OxyChem), a subsidiary of

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Chevron to Continue Sponsoring STEM Program at Carnegie Science Center, Pennsylvania

July 8, 2015

The Carnegie Science Center on Wednesday announced that it renewed a major sponsor of its Center for STEM Education and Career Development for three more years. Chevron Corp., a major energy company involved in Marcellus Shale natural gas drilling, will

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Pennsylvania PUC Finds Electric Power Generation Consuming More Natural Gas

July 8, 2015

The shift in the use of natural gas in Pennsylvania from residential and industrial consumption to electric power generation has been dramatic, with the trend accelerating around 2008 when Marcellus Shale production began to ramp up, according to a report

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SRBC Releases Report, Tests Indicate No Change in Water Quality from Marcellus Shale Drilling

July 8, 2015

The Susquehanna River Basin Commission (SRBC) today released its third report on water quality conditions in select watersheds in the Marcellus shale region of the Susquehanna River Basin. Prior to 2010, when SRBC began collecting the data through its state-of-the-art

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Entek Energy Targets Oil Production at the First of Three Horizontal Wells at Battle Mountain AMI

July 8, 2015

Entek Energy is targeting oil production with the spud of the first of three horizontal wells at the Battle Mountain AMI in the U.S. The company is fully carried for its 20 percent interest by GRMR, a private company associated

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U.S. Oil Drilling Increased for the Week After 29 Consecutive Weeks of Declines

July 8, 2015

Crude oil prices dropped on Friday as a rising U.S. rig count stoked more concern about global oversupply while the opening of an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market. A sharp move lower

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FourPoint Energy to Acquire Western Anadarko Oil & Gas Assets for $840 Million, Oklahoma

July 7, 2015

FourPoint Energy, LLC announced today the signing of definitive agreements to acquire oil and gas assets from Chesapeake Exploration L.L.C. (CEX) and CHK Cleveland Tonkawa L.L.C., whose preferred interest owners are funds managed by GSO Capital Partners LP, as well

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