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MGX Minerals Acquires Oil and Gas Leases at Paradox Basin, Expands Utah Petrolithium Project
May 2, 2018
MGX Minerals Inc. has acquired an additional 3,455 acres of oil and gas leases as a result of successful bidding at a recent State of Utah School and Institutional Trust Land Administration (SITLA) auction. The leases are located contiguous to
Holly Energy Partners Launches Delaware Basin Diesel Supply Project in Orla, Texas
May 1, 2018
Holly Energy Partners, L.P. plans to construct a truck loading rack in Orla, Texas to serve the growing diesel demand in the Delaware Basin. This project will expand the Partnership’s existing logistics footprint and connect to its New Mexico refined
Enterprise Products Receives GPA Midstream Association’s Top Honors for Safety
May 1, 2018
Enterprise Products Partners was the recipient of the GPA Midstream Association (GPA) safety award for first place safety performance among companies with at least one million work hours. Founded in 1921, the GPA is a trade organization with approximately 100
Mitsubishi Hitachi and PW Power Systems Join Forces to Form Turbomachinery Powerhouse
May 1, 2018
Mitsubishi Hitachi Power Systems (MHPS) have integraated PW Power Systems (PWPS) within Mitsubishi Power Systems Americas (MHPS Americas). “Integrating PWPS into MHPS Americas broadens our product portfolio and allows us to realize synergies between our various manufacturing and service centers
Northern to Acquire Salt Creek’s Producing Assets in Williston Basin for $40 Million, North Dakota
April 30, 2018
Northern Oil and Gas has agreed to acquire producing assets and acreage in the core of the Williston Basin in North Dakota from Salt Creek Oil and Gas for $40 million and six million shares of its common stock. “This
Stone Energy to Acquire Ram Powell Field in Gulf of Mexico
April 30, 2018
Stone Energy has agreed to acquire 100 percent working interest in the Ram Powell Unit, and related assets, from Shell Offshore, Exxon Mobil, and Anadarko US Offshore in the US Gulf of Mexico. Stone entered into an asset purchase agreement
Devon Energy to Sale a Portion of Its Barnett Shale Position for $553 Million
April 30, 2018
Devon Energy Corp. has entered into a definitive agreement to sell the southern portion of its Barnett Shale position for $553 million. The transaction is subject to customary terms and conditions and is expected to close in the second quarter
EthosEnergy Secures Multi-Million Dollar Contract at ExxonMobil’s Baytown Refinery, Texas
April 27, 2018
EthosEnergy has been awarded a multi-million dollar contract by ExxonMobil for work at their Baytown Refinery in Texas. The contract is for the supply of a new W251B8 gas turbine rotor. “We have provided extensive services to ExxonMobil giving them
Orion Energy Partners Expands Footprint with Opening of Houston Office
April 27, 2018
Orion Energy Partners, L.P. has opened its office in Houston, Texas. Orion Energy has been very active in the Gulf Coast over the last two years, having partnered with five companies headquartered in the region. The new office will augment
Enterprise Products Partners to Expand Marine Terminal on the Houston Ship Channel
April 27, 2018
Enterprise Products Partners L.P. has purchased a 65-acre waterfront site on the Houston Ship Channel that will serve as the next phase of expansion at the Enterprise Hydrocarbon Terminal (EHT). Located immediately to the east of EHT, the property features
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