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

Aspen Technology Software to Help Improve Operations and Supply Chain Alignment for Shell

June 2, 2021

Aspen Technology said Shell Catalysts & Technologies is implementing Aspen Schedule Explorer™ software in multiple plants throughout North America and Europe. The supply chain management solution will improve coordination, communication and visibility for operations and supply chain personnel, which will

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Medallion Pipeline Launches Non-Binding Open Season for Capacity on Leased Capacity on EPIC Pipeline

June 1, 2021

Medallion Pipeline Company has launched a non-binding open season for its capacity that is leased on EPIC Crude Pipeline’s crude oil pipeline system. The open season will start May 24, 2021 at 9:00 a.m. central daylight time and will close

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XRI Acquires Hibernia’s Water Infrastructure Assets in Permian Basin

June 1, 2021

XRI Holdings has acquired the produced water infrastructure assets of Hibernia Energy III through its wholly-owned subsidiary, Celtic Disposal. Through this transaction, XRI will become the long-term provider to Hibernia of all water-related services to Hibernia, including delivery of completions

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BHE Compression Services’ CleanMachine™ Achieves Project Canary’s Certification for Midstream Equip.

June 1, 2021

BHE Compression Services and Project Canary said the CleanMachine™ compressor package has received the first-ever equipment-specific TrustWell™ Responsibly Sourced Gas certification for midstream equipment. The TrustWell™ certification has long been the recognized standard for operational excellence and environmental stewardship in

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Tellurian and Gunvor Sign 10-year LNG Agreement

June 1, 2021

Tellurian and Gunvor Singapore Pte Ltd (Gunvor) enter into a liquefied natural gas (LNG) sales and purchase agreement (SPA) for three million tonnes per annum (mtpa) for a ten year period, indexed to a combination of two indices; the Japan

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Oasis Petroleum to Acquire Diamondback Energy’s Bakken Asset in $745 Million Deal

May 28, 2021

Oasis Petrolem has entered into a definitive agreement to acquire select Williston Basin assets from Diamondback Energy in a cash transaction valued at approximately $745 million, subject to customary purchase price adjustments. The consideration is expected to be financed through

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Diversified Gas & Oil to Acquire Certain Upstream Assets from Indigo Minerals for $125 Million

May 28, 2021

Diversified Gas & Oil has conditionally agreed to acquire certain upstream assets and associated facilities in the Cotton Valley, from Indigo Minerals for $135 million. The acquisition includes producing areas located within the Cotton Valley/Haynesville producing area of northwest Louisiana

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Offshore Technology Conference and NAPE Join Forces for “Synergy in Energy” Event in August

May 28, 2021

The Offshore Technology Conference (OTC) and NAPE Summit have traditionally ranked among the leading annual energy conferences. This year organizers of the events are taking the unprecedented step of offering access to both events, which will take place in Houston

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Hess Ranked Top Energy Company on 2021 Best Corporate Citizens List

May 28, 2021

Hess Corporation has once again been recognized as the No. 1 energy company on the 100 Best Corporate Citizens list, ranking No. 35 on the 2021 list for outstanding environmental, social and governance (ESG) transparency and performance. The annual list

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ADM Successfully Completes Carbon Capture and Storage Decatur Project, Illinois

May 27, 2021

ADM and the University of Illinois have successfully completed the Decatur Project (IBDP) in the Illinois Bais. The Decatur Project is a carbon capture and storage (CCS) project designed to evaluate and test the technology at commercial scale. This is

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