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Westwood Global Acquires Oil and Gas Data Services Platform RigLogix
March 1, 2018
Westwood Global Energy Group has acquired RigLogix, an oil and gas data services platform from DHI Group for an undisclosed price. RigLogix is a premium data services platform for the oil and gas industry. The platform offers on demand access
Global Oil Supply to Lag Demand after 2020 Unless New Investments are Approved
March 1, 2018
Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency. The global picture
Air Products to Acquire Shell’s Coal Gasification Technology Business and Patent Portfolio
February 28, 2018
Air Products has entered into an agreement to acquire Royal Dutch Shell’s Coal Gasification Technology business as well as Shell’s patent portfolio for Liquids (Residue) Gasification. Financial terms are not being disclosed, and the acquisition is expected to close in
Air Permit Issued for IGP Methanol’s Gulf Coast Methanol Park, Louisiana
February 28, 2018
IGP Methanol LLC was granted a title V Air Quality Permit by the Louisiana Department of Environmental Quality for their Gulf Coast Methanol facility, located in Plaquemines Parish, Louisiana. The Gulf Coast Methanol Park will consist of four identical methanol
Enterprise Products to Convert NGL Pipeline to Crude Oil Service, Permian Basin
February 28, 2018
Enterprise Products Partners L.P. released plans to convert one of its natural gas liquids (NGL) pipelines that transports NGLs from the Permian Basin to the Texas Gulf Coast to crude oil service. The conversion is expected to be completed in
EIA: Tight Oil Remains Leading Source of Future U.S. Crude Oil Production
February 27, 2018
EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that US tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per day (b/d) and account for nearly 70 percent of
Tellurian Launches Open Season to Test Support for $1.4 Billion Haynesville Pipeline, Louisiana
February 26, 2018
Houston-based Tellurian has launched an open season to test support for the proposed $1.4bn Haynesville Global Access Pipeline (HGAP), which will connect the Haynesville and Bossier shale production region to customers in southwestern Louisiana, US. The non-binding open season, which
Oneok to Invest $2.3 Billion to Expand Midstream Infrastructure in Oklahoma and Texas
February 26, 2018
US-based Oneok is planning to invest approximately $2.3bn to expand its midstream infrastructure with additional natural gas liquids (NGL) and natural gas infrastructure. The investment will see construction of a new NGL pipeline, named Arbuckle II Pipeline, with an initial
EQT Releases Plans to Spin-off Appalachian Basin Midstream Business
February 26, 2018
US natural gas producer EQT has revealed its plans to spin off its midstream business into an independent public traded company by the end of the third quarter of this year. EQT said that the tax-free separation of its upstream
American Midstream to Sell Its Refined Products Terminals for $138 Million, Texas
February 22, 2018
American Midstream Partners has agreed to sell its refined products terminalling business to DKGP Energy Terminals, a joint venture between Delek Logistics Partners and Green Plains Partners, for about $138.5m. The transaction is expected to close in the first half
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