Oil, Gas and Shale
Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




NEWS Click on text to read news by category: General | Product | People | Worldwide

Energy Transfer Signs LNG Supply Agreement with Shell

August 25, 2022

Energy Transfer LNG Export, a subsidiary of US-based midstream energy company Energy Transfer, has signed an LNG sale and purchase agreement (SPA) with Shell. As agreed, the company will supply 2.1 million tonnes of LNG per annum (mtpa) to Shell

Read more...

Europe’s Energy Crisis Underscores the Need for Fuel Diversity

August 25, 2022

The energy crisis in Europe keeps getting worse. Months of warnings are now becoming grim reality. European power prices are now equivalent to more than $1,000 per barrel of oil. The price of natural gas is 13 times its normal

Read more...

Tidewater to Acquire Swire Pacific Offshore for $190 Million

August 23, 2022

Tidewater, a US-based offshore service vessels provider, has agreed to acquire Swire Pacific Offshore (SPO), a subsidiary of Swire Pacific, for total of around $190 million. Through the transaction, Tidewater will add SPO’s fleet of 50 offshore support vessels (OSVs),

Read more...

Delfin Seeks More Time to Build U.S. Gulf of Mexico LNG Export Plant

August 23, 2022

U.S. liquefied natural gas (LNG) developer Delfin LNG has asked federal regulators to extend the amount of time it has to put the onshore part of its proposed Gulf of Mexico floating LNG export project off Louisiana into service until

Read more...

Crew Energy Divests Noncore Montney Assets for $130 Million

August 22, 2022

Crew Energy Inc. has successfully completed the sale of certain non-core assets at Attachie and Portage in northeast British Columbia for gross proceeds of $130 million. The net proceeds from the disposition will be used to redeem $128 million principal

Read more...

Warren Buffett Gets FERC Approval to Buy Half of Occidental’s Shares for $397 Million

August 22, 2022

The Federal Energy Regulatory Commission (FERC) authorized Warren Buffett’s Berkshire Hathaway Inc. to purchase up to 50 percent of Occidental Petroleum Corp., according to an order made public on Aug. 19. The order responds to a Berkshire Hathaway application filed

Read more...

U.S. Oil & gas Rig Count Falls for Third Week in a Row

August 22, 2022

U.S. energy firms this week cut the number of oil and natural gas rigs for a third week in a row even as they slowly increase production to pre-pandemic levels with shale oil output expected to hit its highest since

Read more...

Tellurian Completes $125.5 Million Haynesville Basin Acquisition

August 19, 2022

Tellurian, through its wholly owned subsidiary Tellurian Production (TPC), has closed on the acquisition of certain assets in the Haynesville from privately held EnSight IV Energy Partners and EnSight Haynesville Partners. The cash consideration at closing was $125.5 million, revised

Read more...

Judge Rules Oil Pipeline Dispute Between Enbridge and Michigan Belongs in Federal Court

August 19, 2022

A state of Michigan lawsuit that aims to force Enbridge Inc to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in the Great Lakes will be heard in federal court, a judge ruled on Thursday. The

Read more...

Continental Resources Promotes Doug Lawler to President & COO

August 19, 2022

Continental Resources has promoted Doug Lawler to president and chief operating officer. Doug joined Continental in February as chief operating officer and executive vice president following three decades in the oil and gas industry. “Since joining Continental in February, Doug

Read more...

Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




Advertisement