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Inter Pipeline Awarded $408 Million Grant Under Alberta’s Petrochemicals Incentive Program
April 28, 2021
Inter Pipeline Ltd. will receive $408 million under the Alberta Petrochemicals Incentive Program (APIP). The grant has been awarded in support of Inter Pipeline’s Heartland Petrochemical Complex (HPC), a world-class integrated propane dehydrogenation (PDH) and polypropylene (PP) production facility, which
Canada’s SECURE Energy to Merge with Tervita in $2.3 Billion Deal
April 28, 2021
SECURE Energy Services and Tervita to merge to create a stronger midstream infrastructure and environmental solutions business. The combined company will have an implied total enterprise value of approximately $2.3 billion. Upon completion of the transaction, SECURE and Tervita shareholders
Tall Oak Midstream Acquires Redcliff Midstream
April 28, 2021
Tall Oak Midstream has acquired Redcliff Midstream, a provider of gas gathering, treating, and processing services to producers in Oklahoma’s STACK play. Financial terms of the transaction were not disclosed. Founded in 2017 as a wholly owned subsidiary of Canyon
Calima Energy to Acquire Canadian Oil and Gas Company Blackspur Oil for $13.5 Million
April 28, 2021
Calima Energy has signed a binding agreement to purchase 100 percent of the issued share capital of Canadian oil and gas company Blackspur Oil in a deal valued at around $13.5 million (C$17 million). Blackspur holds producing oil and natural
Shale Investor Dan Wilks Takes Active Stake in NexTier Oilfield Solutions
April 28, 2021
Shale investor Dan Wilks on Monday reported a 5.13 percent active stake in NexTier Oilfield Solutions, saying the shares of the U.S. provider of hydraulic fracturing services are “undervalued” and that he may push for a sale or other alternatives.
Tidewater Publishes Its 2020 Sustainability Report
April 28, 2021
Tidewater Inc. has published the company’s 2020 Sustainability Report. This report is Tidewater’s inaugural comprehensive and stand-alone sustainability report. The report presents the environmental, social, and governance (ESG) performance of Tidewater Inc., along with its management approach to material sustainability
West Virginia Rep. David McKinley Hosts Forum on Keystone XL Cancelation
April 27, 2021
Rep. David McKinley, R-W.Va., gathered a group of stakeholders together for a virtual forum on the cancellation of the Keystone XL Pipeline Project. The transnational oil pipeline, planned to run from western Canada to Texas, was canceled on the first
Methane Monitors to Be Used in Pilot Project at Two Chesapeake Energy’s Natural Gas Well Pads
April 27, 2021
Methane gas monitors will be installed on two Chesapeake Energy Corp. well pads in northern Pennsylvania as part of a pilot program aimed at eliminating direct greenhouse gas emissions by 2025. The pads, one each in Bradford and Wyoming counties,
Texas Tech University Partners with Premier Oilfield Group to Promote Oil and Gas Innovation
April 27, 2021
A first of its kind public and private partnership is gassing up between Premier Oilfield Group and Texas Tech University. It’s something both parties agree will be beneficial. The two are combining core repository samples, totaling over 500,000. This gives
Interior’s Haaland Revokes Trump-era Directives that Boosted Oil and Gas Access on Federal Lands
April 27, 2021
Interior Secretary Deb Haaland has revoked a series of Trump administration orders that promoted fossil fuel development on public lands and waters, and issued a separate directive that prioritizes climate change in agency decisions. The moves are part of a
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