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Contango Oil & Gas to Acquire Mid-Con Energy Partners in All-stock Merger
October 30, 2020
Contango Oil & Gas Company and Mid-Con Energy Partners have entered into an agreement to combine in an all-stock merger transaction. The combination continues Contango’s consolidation strategy, increases its exposure to oil reserves at an attractive price, increases corporate margins
EQT to Acquire Chevron’s Appalachian Basin Assets for $735 Million
October 29, 2020
US-based natural gas producer EQT has agreed to acquire Chevron’s upstream and midstream assets in Appalachian Basin for $735 million. Under the definitive purchase and sale agreement signed by both the companies, EQT will acquire around 100 work-in-progress wells as
DOI Issues Final Approval for ConocoPhillips’ Willow Oil Project, Alaska
October 29, 2020
ConocoPhillips Alaska has secured final approval from the US Department of the Interior (DOI) for its Willow oil project in the National Petroleum Reserve in Alaska. The Willow prospect is in the Bear Tooth Unit in the northeast portion of
Adelphia Gateway Natural Gas Pipeline Begins Construction in Pennsylvania
October 29, 2020
Adelphia Gateway LLC, a subsidiary of New Jersey Resources, said this week that it has received a Partial Notice to Proceed with construction on the first phase of the pipeline project from the Federal Energy Regulatory Commission (FERC). The company
Oil and Gas Production to Account for 68% of Energy Consumption Over Next Two Decades
October 29, 2020
Over the next two decades, oil and gas production is projected to account for 68 percent of energy consumption in the U.S. and will play a key role in the energy transition to a low carbon future, according to a
Secretary of Energy Brouillette Tours Range Resources’ Natural Gas Well, Pa.
October 29, 2020
The U.S. Secretary of energy was in Washington County on Tuesday to tour a Marcellus Shale natural gas well. Pittsburgh’s Action News 4 had a chance to speak with Dan Brouillette about what the tour means to people who live
Backwoods Energy Completes Financing for Alberta Indigenous Opportunities for Cascade Power Plant
October 28, 2020
Backwoods Energy Services has closed on an investment by a consortium of six First Nations, the Indigenous Communities Syndicate (ICS) in the $1.5-billion Cascade Power Plant project. Cascade is a 900MW combined cycle power plant that will provide eight percent
NextEra Energy Transmission to Acquire Affiliates of Blackstone for $660 Million
October 28, 2020
NextEra Energy Transmission, a subsidiary of NextEra Energy, has entered into definitive agreements with affiliates of Blackstone to acquire GridLiance Holdco and GridLiance for approximately $660 million. “GridLiance partners with electric cooperatives and public power utilities to enhance transmission system
B&W Thermal to Refurbish North American Power Plant to Maintain Efficiency and Performance
October 28, 2020
Babcock & Wilcox said its B&W Thermal segment will perform boiler maintenance and refurbish a bottom ash system for a power plant in North America. The contract is valued at more than $7 million and was awarded to B&W’s subsidiary,
C-Innovation Acquires Caltex Oil Tools to Expand Capabilities
October 28, 2020
C-Innovation, an affiliate of Edison Chouest Offshore and its family of companies, has acquired the controlling interest in Caltex Oil Tools, a solution-focused company providing equipment rentals, services and customized engineering capabilities to the offshore industry. Headquartered in Houston and
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