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Bayou Midstream Secures $75 Million Funding from EIV Capital
December 20, 2018
Independent energy company Bayou Midstream has announced securing $75m initial funding from EIV Capital. Headquartered in Houston, Texas, Bayou is focused on developing and operating midstream infrastructure assets across the US Rockies region, with a core focus in the Powder
Pennsylvania Environmental Regulators Draft New Limits on Air Pollution from Gas Wells
December 20, 2018
Pennsylvania environmental regulators are rolling out draft rules for controlling air pollution from the state’s thousands of existing oil and gas wells on Thursday, but the long-awaited measures have a shaky federal foundation. The state Department of Environmental Protection’s proposed
EPA Signs MOU with the State Review of Oil and Natural Gas Environmental Regulations
December 19, 2018
The U.S. Environmental Protection Agency (EPA) entered into a memorandum of understanding (MOU) with the non-profit, multi-stakeholder, educational organization known as STRONGER. The name, STRONGER, is an acronym for State Review of Oil and Natural Gas Environmental Regulations. “This MOU
EPA Releases Report on Appalachian Ethane Storage Hub
December 19, 2018
The U.S. Department of Energy (DOE) published a report to Congress: Ethane Storage and Distribution Hub in the United States. The report highlights the potential in Appalachia for the development of a new ethane hub based on the tremendous low-cost
GE Advances Digital Leadership with Launch of $1.2 Billion Industrial IoT Software Company
December 19, 2018
GE plans to establish a new, independent company focused on building a comprehensive Industrial Internet of Things (IIoT) software portfolio. The company will start with $1.2 billion in annual software revenue and an existing global industrial customer base. The company
USD Partners Advances Construction of Pipeline Connection at Casper Terminal, Wyoming
December 19, 2018
USD Partners LP has entered into a three-year agreement at its Casper Terminal with a new multi-national, investment grade customer. The agreement contains take-or-pay terms for terminalling and storage services, as well as fees associated with actual throughput volumes and
U.S. Well Services Secures Electric Frac Contract from Apache, Permian Basin
December 18, 2018
U.S. Well Services (USWS), a provider of hydraulic fracturing services, has signed an electric frac fleet contract with Apache. Under the terms of the contract, USWS will begin operations for Apache in the second quarter of 2019 in the Permian
Permian Basin-focused Cavalcade Midstream Raises $150 Million Funding
December 18, 2018
Cavalcade Midstream, a newly formed midstream company has secured a total equity commitment of $150m from Pearl Energy Investments, Old Ironsides Energy, and NGP. Based in San Antonio, Cavalcade is focused on providing tailored midstream solutions through greenfield development and
Tellurian Enters LNG MOU With Vitol for Its Driftwood LNG Export Terminal, Louisiana
December 18, 2018
Houston-based LNG player Tellurian Inc. said last Thursday that its subsidiary has entered into a memorandum of understanding (MoU) with Vitol, a British energy and commodities company, to supply 1.5 million metric tons per annum (mtpa) of liquefied natural gas
Texas Approves Air Permits for NextDecade’s Rio Grande LNG Project
December 17, 2018
NextDecade said that the Texas Commission on Environmental Quality (TCEQ) voted to issue air permits to its Rio Grande LNG project in South Texas. NextDecade President and CEO Matt Schatzman said: “We appreciate the TCEQ’s commitment to the review of
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