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Samson Resources II to Sell Non-core Assets for $44 Million, Wyoming
May 14, 2018
The sale will be in exchange for cash consideration of $44.4 million and the receipt by Samson of 15,000 net acres (all subject to customary adjustments). The acreage to be received by Samson under the transaction will include all depths
Talos Energy Completes $2.5 Billion Merger with Stone Energy
May 14, 2018
The combined company commenced trading today on the New York Stock Exchange under the new ticker symbol “TALO”. The Company will be headquartered in Houston, TX. “This is a transformational combination, in which shareholders will greatly benefit from our increased
NTE Energy to Develop South Carolina’s Newest and Most Efficient Power Plant
May 11, 2018
NTE Energy’s next power plant will be the approximately 1,000 MW natural gas fired Anderson County Energy Center located in Anderson County, South Carolina. This state-of-the-art electric generation facility will represent an investment of more than $1 billion in South
Sterling Energy Continues Midstream Expansion in the DJ Basin, Colorado and Nebraska
May 11, 2018
Sterling Energy Investments LLC has plans to expand the processing capacity and associated natural gas gathering pipeline infrastructure of its Centennial System in the northeastern DJ Basin to 220 MMcf/d to accommodate growing producer demand. Sterling completed the first phase
Air Products Acquires Shell’s Coal Gasification Technology Licensing Business
May 10, 2018
Air Products has acquired the Coal Gasification Technology licensing business from Shell Global Solutions International for undisclosed amount. As per the deal signed earlier this year, Air Products has acquired Shell’s associated patent portfolios for solids (coal and biomass) gasification
DCP Midstream to Extend Southern Hills NGL Pipeline into DJ Basin, Oklahoma
May 10, 2018
DCP Midstream said that the Southern Hills natural gas liquids (NGL) pipeline will be extended to connect the DJ Basin to Cushing, Oklahoma and beyond through the White Cliffs pipeline. SemGroup, the operator of White Cliffs, plans to convert a
Shell to Sell Stake in Canadian Natural Resources for $3.3 Billion
May 10, 2018
Anglo-Dutch oil and gas giant Royal Dutch Shell said that its subsidiary Shell Gas B.V. is all set to sell its entire stake in Canadian Natural Resources, a Canadian oil and gas firm, for about $3.3bn. Shell will sell all
Enbridge to Sell Its Midstream and Renewable Assets for $2.5 Billion
May 10, 2018
Canadian firm Enbridge has signed deals to sell its midstream and renewable assets for $2.47bn, as part of its efforts to reduce debt. The midstream assets included in the sale are the company’s natural gas and natural gas liquids (NGL)
NETL Collaborates to Improve Understanding of Methane Emissions from Natural Gas Production,Delivery
May 9, 2018
The Office of Fossil Energy’s National Energy Technology Laboratory (NETL) recently partnered with a natural gas industry consortium to help assess the efficiency of the consortium’s natural gas supply chain and additional methane emissions mitigation opportunities that could increase the
McDermott Shareholders Approve Merger with Chicago Bridge & Iron
May 8, 2018
McDermott International shareholders have approved the company’s merger with Chicago Bridge & Iron Company (CB&I), preventing Subsea 7 from blocking the deal. In April, Subsea 7 confirmed that it had made an unsolicited bid to acquire its rival US-based offshore
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