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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

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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

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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

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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

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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

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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

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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

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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)

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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

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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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