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Praxair and BASF to Build New Syngas Processing Plant, Louisiana

November 17, 2017

Praxair, Inc. and BASF signed a long-term agreement for Praxair to design, build, own, and operate a new syngas processing plant at BASF’s facility in Geismar, Louisiana. The new plant, which will start up in 2020, will produce high-purity carbon

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Rosehill Resources to Expand Its Delaware Basin Position with $77.6 Million Acquisition

November 17, 2017

Rosehill Resources Inc. has agreed to acquire up to 9,100 net undeveloped acres and certain producing oil and gas properties in the Southern Delaware Basin. The agreement remains subject to customary closing conditions and purchase price adjustments. “We believe this

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NOW Enters International Distribution Agreement with Badger Meter for Oil and Gas Production Market

November 17, 2017

NOW Inc.’s U.S. subsidiary DNOW L.P. has entered an exclusive international distribution agreement with Badger Meter. DNOW will distribute and service the diverse line of Badger Meter flow measurement and control technologies to DNOW oil and gas customers worldwide. “We

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Enable Midstream Acquires Align Midstream for $300 Million

November 17, 2017

Enable Midstream Partners, LP has closed on its agreement to acquire Align Midstream, LLC, a midstream company with natural gas gathering and processing facilities in the Cotton Valley and Haynesville plays of the Ark-La-Tex Basin, for approximately $300 million, subject

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Incremental Oil and Gas Starts Recompletion Program at Silvertip Gas Field in Bighorn Basin, Wyoming

November 16, 2017

Incremental Oil and Gas says that it has commenced the gas recompletion program at its Silvertip Field located in the Bighorn Basin, Wyoming, US. Following is the update given by the company for the Silvertip Field: • First Lance Formation

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Chevron Phillips Opens Polyethylene Units at $6 Billion USGC Petrochemicals Project, Texas

November 16, 2017

Chevron Phillips Chemical Company has commissioned the two polyethylene (PE) units of its $6bn US Gulf Coast (USGC) Petrochemicals Project. Located in Old Ocean, Texas, the new PE assets will have capacity to produce up to 1,000,000 metric tons annually

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Cenovus to Divest Its Stake in Weyburn Oil Project to Whitecap for $940 Million, Canada

November 16, 2017

Cenovus Energy has reached a deal to divest its stake of 62.1 percent in the Weyburn oil project in the Canadian province of Saskatchewan to Calgary-based Whitecap Resources for a sum of $940m. The Weyburn project is a carbon-dioxide enhanced

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Bechtel Signs $15.2 Billion EPC Deal for Driftwood LNG Export Facility, Louisiana

November 16, 2017

Bechtel has signed four engineering, procurement and construction (EPC) agreements, worth $15.2bn, with Tellurian for 27.6 million tons per annum (mtpa) capacity Driftwood LNG export facility in the US. Planned to be built in four phases near Lake Charles, Louisiana,

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U.S. Oil Infrastructure Needs to Expand to Handle Explosive Growth of American Crude Exports

November 15, 2017

U.S. oil infrastructure needs to expand in the next several years to handle the explosive growth of American crude exports, or put pressure on the price of domestic oil, Reuters reports. While U.S. capacity to export crude oil is unknown,

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U.S. and China Sign Agreement to Advance $45 Billion LNG Project in Alaska

November 15, 2017

The US and China have come up with a joint development agreement to advance the $45bn liquefied natural gas (LNG) export project in Alaska, which is considered to be a strategic gas infrastructure project for the American state. In this

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