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

Westwood Global Energy Acquires Houston-based Market Research Firm, Energent Group Software

May 17, 2017

Westwood Global Energy Group, the private equity-backed group of energy research, analysis and consulting companies, has acquired Houston-based market research firm, Energent Group Software LLC. Westwood’s strategic vision is to create best-in-class solutions for its customers. The addition of Energent’s

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FirstEnergy to Sell Portion of Former Hatfield’s Ferry Power Station to APV Renaissance

May 17, 2017

FirstEnergy’s Allegheny Energy Supply Company subsidiary has entered into an agreement for sale of a portion of the real property and certain assets at the former Hatfield’s Ferry Power Station in Masontown, Pennsylvania to APV Renaissance Partners Opco, LLC, of

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Pembina and Kuwait’s PIC Form JV to Develop Polypropylene Project, Canada

May 16, 2017

Pembina Pipeline and Kuwait Petroleum’s subsidiary Petrochemical Industries Company (PIC) have established a joint venture to go ahead with their proposed integrated propylene and polypropylene production facility in Canada. The companies have signed 50/50 joint venture agreements that includes binding

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Portland General Electric Scraps Plans to Build Two Natural Gas Plants

May 16, 2017

Portland General Electric has scrapped its plans to secure permits for two new natural gas-fired power plants in eastern Oregon, US. The amendment and permit, if approved, would have allowed for the construction of two new generating units at Carty,

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Energy Transfer Partners Merger with Sunoco Logistics Partners Will Create $75 Billion Oil and Gas

May 12, 2017

After an oil price downturn that saw prices plummet from $100-plus per barrel to half that, the U.S. oil and gas industry is consolidating and retooling. And in the midstream sector, which includes transporting and storing oil and natural gas,

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New York Agency Denies Permits for National Fuel’s Northern Access Pipeline Project

May 11, 2017

National Fuel Gas Supply Corporation (Supply) and Empire Pipeline, Inc., both wholly-owned subsidiaries of Western New York-headquartered National Fuel Gas Company, received information that the New York State Department of Environmental Conservation (NYS DEC) issued a denial of the Clean

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OEG Offshore Merges with Louisiana-based Cargo Specialist Paragon Industries

May 10, 2017

OEG Offshore, a leading global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, announces the merger of its US business with long established Louisiana based cargo unit and logistics specialist Paragon Industries, Inc.

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MGX Minerals Signs Water Handling and Lithium Extraction Agreement with Oil and Gas Operator

May 9, 2017

MGX Minerals Inc. has entered into an agreement for water handling and lithium extraction with a major oil and gas company (operator). The newly signed demonstration plant agreement outlines collaboration between MGX and a large U.S. based oil and gas

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PetroLegacy Energy Acquires Pioneer’s Midland Basin Acreage for $266 Million

May 8, 2017

PetroLegacy Energy II, LLC has closed on the acquisition of roughly 20,000 net acres in northeastern Martin County, Texas, from Pioneer Natural Resources Company for $266 million. This highly contiguous position in the northern Midland Basin is currently producing approximately

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Enterprise to Build Shin Oak NGL Pipeline from Permian Basin to Mont Belvieu, Texas

May 8, 2017

Enterprise Products Partners L.P. has begun construction of a new 571-mile pipeline to transport growing volumes of natural gas liquids (NGL) from the Permian Basin to Enterprise’s NGL fractionation and storage complex in Mont Belvieu, Texas. The Shin Oak NGL

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