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

Baker Hughes to Sell Natural Gas Solutions Business for $375 Million

July 19, 2018

Baker Hughes, a GE company (BHGE) has entered into two separate agreements to sell its Natural Gas Solutions (NGS) business to First Reserve and Pietro Fiorentini for a total sum of $375m. While First Reserve, a global private equity investment

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Enterprise Products to Develop Offshore Crude Oil Export Terminal, Texas

July 19, 2018

Enterprise Products Partners has announced its plan to develop an offshore crude oil export terminal offshore the Texas Gulf Coast. The terminal will be equipped to fully load Very Large Crude Carriers (VLCC), which have capacities of approximately 2 million

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Williams Partners Close to Completion of $3 Billion Atlantic Sunrise Pipeline Project

July 19, 2018

Williams Partners said that it is on the verge of wrapping up construction on the $3bn Atlantic Sunrise pipeline project in the US, which it says is on track to be commissioned during summer. The Atlantic Sunrise pipeline project is

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TransCanada Commissions $1.2 Billion Topolobampo Pipeline Project, Mexico

July 19, 2018

TransCanada has commissioned its $1.2bn Topolobampo natural gas pipeline project in northern Mexico. Designed to provide upstream interconnection with the TransCanada’s Mazatlan Pipeline, the Topolobampo pipeline has capacity to supply 670 million cubic feet of natural gas per day to

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Piedmont Natural Gas to Build $250 Million LNG Storage Facility, North Carolina

July 17, 2018

Energy services company Piedmont Natural Gas is planning to build and operate a new liquefied natural gas (LNG) facility in Robeson County, North Carolina in the US, with an investment of $250m. The facility is expected to help the firm

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Meridian Energy Secures Approval to Construct Davis Refinery, North Dakota

July 17, 2018

Meridian Energy Group has announced that the North Dakota Department of Health (NDDoH) – Air Quality Division has issued the Permit to Construct (PTC) for the Davis Refinery. The issuance of the PTC by the NDDoH comes 18 months after

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Oil Holds Below $71 on Prospect of U.S. and OPEC Boosting Output

July 16, 2018

Oil retreated below $71 a barrel as Saudi Arabia was said to offer extra crude to some customers, while the U.S. reportedly considered tapping emergency supplies, to offset output losses around the world. Futures in New York slid as much

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Titan Kicks Off Oil and Gas Production Equipment Business

July 16, 2018

Titan Production Equipment said that it has officially commenced its oil and production equipment business, following the acquisition of Exterran’s North American production equipment business. The new company plans to scale up quickly, aiming to become the market leader in

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Kingfisher Midstream, Blueknight Energy, and Ergon to Build New Crude Oil Pipeline, Oklahoma

July 13, 2018

Kingfisher Midstream, a wholly owned subsidiary of Alta Mesa Resources, Blueknight Energy Partners (BKEP), and affiliates of Ergon executed definitive agreements to form Cimarron Express Pipeline, LLC. The venture will include the construction and operation of a new crude oil

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East Daley Releases New Commodity Insights Package™ for Crude Oil, NGLs, and Natural Gas Markets

July 13, 2018

East Daley Capital Advisors, Inc., an energy information and insights provider that is redefining how markets view risk for midstream and exploration and production (E&P) companies, released a new suite of products and tools that analyze and forecast the supply

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