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Trump Proposes Selling Oil from Strategic Reserve to Fund Budget Plan
February 11, 2020
President Donald Trump has proposed selling 15 million barrels of oil from the U.S. emergency stockpile as part of his fiscal 2021 budget plan. The proposal, which requires approval from Congress, would use the proceeds of the sale to fund
Department of Energy Grant Powers Research on Natural-Gas Vehicle Storage Tanks
February 11, 2020
The United States possesses large reserves of natural gas, like Pennsylvania’s Marcellus Shale, but the fuel powers few of the country’s vehicles, due partly to storage limitations. Penn State researchers seek to overcome that hurdle by creating a less expensive
Smart Grid Provider GridBeyond Opens Office in Houston, Texas
February 11, 2020
Distributed Energy Resource Management – a leading European smart grid platform provider — opened its first U.S. office in Houston. The subsidiary, called GridBeyond, will focus energy markets throughout the United States, starting with the Electricity Reliability Council of Texas
Majors Management Acquires McPherson’s Retail Fuel Distribution Business
February 11, 2020
Majors Management, and its affiliates have announced the acquisition of 185 retail fuel supply contracts from The McPherson Companies of Birmingham, (McPherson). The McPherson portfolio increases Majors’ existing presence in Alabama, Florida, Mississippi, and Tennessee and enhances Majors’ relationships with
Wood Reaches Agreement to Sell Its Industrial Services Business for $104 Million
February 10, 2020
John Wood Group PLC announces today the sale of its industrial services business to technical services provider, Kaefer, for an initial cash consideration of circa $104 million and a further potential payment of up to circa $14m pending achievement of
ARB Midstream Completes Expansion of Pipeline System in DJ Basin
February 10, 2020
DJ South Gathering, LLC, a subsidiary of ARB Midstream, LLC announces another key expansion of its fast-growing crude oil gathering and transportation system in the prolific DJ Basin in northeastern Colorado. DJS’ Platteville Complex now has connectivity to Tallgrass Energy,
CGG and Fairfield Geotechnologies Collaborate on New Multi-Client Program in Central Basin Platform
February 10, 2020
CGG and Fairfield Geotechnologies have signed a second cooperation agreement to acquire a series of large-scale, high-density, multi-client surveys in the Central Basin Platform (CBP) of the Permian Basin located in West Texas. The new wide-azimuth datasets will provide a
Enterprise Begins Service at Bulldog Natural Gas Processing Plant, East Texas
February 7, 2020
Enterprise Products Partners has recently began operations at its new Bulldog cryogenic natural gas processing plant in Panola County, Texas. The facility has the capability to process 200 million cubic feet per day (MMcf/d) of natural gas, and extract up
Port Houston Chairman Ric Campo Testifies Before Congress
February 7, 2020
Thursday, Port Houston Chairman Ric Campo testified before the U.S. House of Representatives Committee on Ways and Means – Subcommittee on Trade, concerning “Trade Infrastructure for Global Competitiveness.” In his testimony, Campo highlighted the critical need to expeditiously widen and
House Lawmakers Release Bill to Achieve Net-zero Greenhouse Gas Emissions By 2050
February 7, 2020
Congressional lawmakers released the framework for a new climate plan that seeks to achieve net-zero greenhouse gas pollution in the United States by 2050. The Climate Leadership and Environmental Action for our Nation’s (CLEAN) Future Act details sector-specific solutions to
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