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Chesapeake Energy to Acquire WildHorse Resource Development for $4 Billion
November 6, 2018
Chesapeake Energy Corporation and WildHorse Resource Development Corporation jointly said that Chesapeake has entered into a definitive agreement to acquire WildHorse, an oil and gas company with operations in the Eagle Ford Shale and Austin Chalk formations in southeast Texas,
Noble Midstream Releases Updates on Permian Basin Commercial and Business Development
November 6, 2018
Noble Midstream Partners LP has released a commercial and business development update for its operations in the Permian Basin in Texas. HIGHLIGHTS INCLUDE: • Noble Midstream has entered into a letter of intent with Salt Creek Midstream to form a
ExxonMobil to Join Oil and Gas Climate Initiative
November 6, 2018
ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change. The CEO-led organization focuses
Ace Ethanol and D3MAX Start Plant Construction at Stanley Wisconsin Facility
November 6, 2018
Ace Ethanol and D3MAX have started construction of the D3MAX facility at Ace Ethanol’s facility in Stanley, Wisconsin. Ace Ethanol will be the first ethanol plant to integrate the patented D3MAX technology with its existing corn dry mill. Earlier this
ExxonMobil Renews Longstanding Commitment to Women’s Economic Empowerment
November 6, 2018
In recognition of International Women’s Day, ExxonMobil said that it is providing $7 million in grants in 2018 to renew support for local and global organizations working to empower women economically. • $7 million to support research, women entrepreneurs and
First Reserve to Acquire Dominion’s Stake in Blue Racer Midstream for $1.5 Billion
November 5, 2018
US-based private equity firm First Reserve has agreed to buy out Dominion Energy’s stake of 50 percent in Blue Racer Midstream for total consideration of up to $1.5bn. As per the terms of the agreement, First Reserve will pay Dominion
Buckeye Partners to Sell Stake in Energy Storage Provider VTTI for $975 Million
November 5, 2018
Buckeye Partners has signed an agreement to sell its 50 percent stake in VTTI, a global independent provider of energy storage, to Vitol and IFM for $975m. Vitol Investment Partnership II Ltd (VIP), an investment vehicle sponsored and managed by
Why Majors Will Take a Bigger Role in U.S. Shale
November 5, 2018
Independent producers will forever be pioneers of the U.S. shale sector, but as the play matures, expect major oil companies to play a growing and critical role in its future development. Majors, with their financial strength and integrated solutions, are
Cyber Security Highlighted at Shale Insight Conference Held in Pittsburgh
November 5, 2018
The second day of the 2018 Shale Insight Conference began with a look at research going on in Morgantown to help the natural gas industry overcome some of its challenges, along with a presentation on industry cybersecurity. Paul Ziemkiewicz, director
MGX Minerals to Process First Oil & Gas Wastewater in November, Canada
November 2, 2018
MGX Minerals’ engineering partner PurLucid Treatment Solutions has deployed the first advanced wastewater treatment system in Alberta. The customer will pay C$35 per cubic meter for evaporator blowdown wastewater (EBD) processing. Delivery of first EBD wastewater is expected to occur
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