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

DOE Approves Exports from Jordan Cove LNG Terminal, Oregon

July 8, 2020

The US Department of Energy (DOE) has granted a final long-term order authorizing the export of domestically produced LNG from the proposed Jordan Cove LNG Terminal in Coos Bay, Oregon. The proposed Jordan Cove LNG terminal secured conditional approval for

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Courts Give Unfavorable Judgements to Dakota Access and Keystone XL Pipelines

July 8, 2020

Two top courts in the US in separate decisions have ruled against the $3.78 billion Dakota Access pipeline and the $8 billion Keystone XL pipeline, both on environmental grounds. A federal judge at the US District Court for the District

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Global Oil Demand Rebound from Pandemic’s Lows Prompts Price Spike Forecasts

July 8, 2020

Oil analysts say a rebound in the world’s hunger for oil has already started after demand destruction caused by the COVID-19 pandemic fell far short of what many experts had expected. Amrita Sen, co-founder and director of research for international

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Texans for Natural Gas Flies Banner of Thanks Over Midland-Odessa

July 8, 2020

Many events have helped show appreciation for essential workers, from those in the medical field to those who deliver packages, stock grocery shelves or prepare food in restaurants during the coronavirus pandemic. Texans for Natural Gas decided it was time

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Dominion Energy and Duke Energy Cancel the Atlantic Coast Pipeline

July 7, 2020

Dominion Energy and Duke Energy have canceled the Atlantic Coast Pipeline (ACP) due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project. Despite last month’s overwhelming 7-2 victory at the United States Supreme Court,

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Berkshire Hathaway Energy Acquires Dominion Energy’s Gas Transmission and Storage Business

July 7, 2020

Berkshire Hathaway Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Inc., has executed a definitive agreement to acquire Dominion Energy’s natural gas transmission and storage business. The assets include more than 7,700 miles of natural gas transmission lines, with approximately

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Cheniere Energy Publishes Inaugural Corporate Responsibility Report

July 7, 2020

Cheniere Energy has published its inaugural corporate responsibility report, titled First and Forward. The report identifies and details Cheniere’s performance on environmental, social and governance (ESG) metrics, and describes the company’s important role as a responsible, sustainable business advancing the

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Whistler Pipeline Secures $345 Million with Operational Target Date of 2021

July 6, 2020

A New York-based credit fund made its first investment in a natural gas pipeline that would transport gas about 450 miles from the Permian Basin to the Gulf Coast to the markets of southern Texas and exportation in the Gulf

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Michigan Judge Allows Enbridge to Partially Reopen Line 5 Pipeline

July 6, 2020

A Michigan judge Wednesday allowed Enbridge to resume pumping oil through a Midwestern pipeline, nearly a week after shutting it down because of damage to a structure that anchors a section of the line running through a Great Lakes channel.

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Sanchez Energy Exits Bankruptcy with New Name and Leaders

July 6, 2020

Houston-based Sanchez Energy Corp. has emerged from Chapter 11 bankruptcy protection with a new name: Mesquite Energy Inc. The company’s financial restructuring eliminated substantially all of its approximately $2.3 billion in debt, according to a June 30 press release. Sanchez

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