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GTC Technology and Total to Partner on Natural Gas Conversion Process
February 15, 2018
GTC Technology has entered into a cooperative agreement with French oil and gas major Total to develop an innovative natural gas conversion process. The process will use less energy to manufacture the raw material used in the making of plastics
Caliche Starts Construction on NGL Storage Project in Texas
February 15, 2018
Coastal Caverns, a subsidiary of Caliche Development Partners has started construction of a brine pond as part of the Caliche Coastal natural gas liquid (NGL) storage project in Beaumont, Texas. The brine pond has been designed to support the company’s
EP Energy Closes $245 Million Eagle Ford Acreage Acquisition, Texas
February 13, 2018
EP Energy has completed a previously announced acquisition of certain producing assets and undeveloped acreage in the Eagle Ford operating area in South Texas. The company also closed on the previously announced divestiture of certain assets in its Altamont acreage
Silver Run II Merges with Alta Mesa and Kingfisher Midstream
February 13, 2018
Silver Run Acquisition Corporation II (Silver Run II) has completed its merger with Alta Mesa and Kingfisher Midstream to form a combined company valued at about $3.8bn. Alta Mesa is an independent exploration and production company focused on the development
Tallgrass and Silver Creek Form JV for New Crude Oil Pipeline Project, Wyoming
February 12, 2018
Tallgrass Energy Partners and Silver Creek Midstream have agreed to jointly develop a new 128km long pipeline in the US to transport crude oil from the Powder River Basin (PRB) to Guernsey, Wyoming. The joint venture pipeline project known as
CNX Resources to Sell Wet Gas Gathering System to CNX Midstream for $265 Million
February 12, 2018
CNX Resources has agreed to sell its 95 percent interest in the Shirley-Pennsboro wet gas gathering system in West Virginia, US to CNX Midstream Partners (CNXM) for $265m. The Shirley-Pennsboro System gathers and transports gas in the core wet gas
Avant Energy to Invest $200 Million in Mexican Midstream Assets
February 12, 2018
Avant Energy said that it will build a network of terminals to supply refined petroleum products from the Port of Altamira, Tamaulipas to the Bajio region of North-Central Mexico. The network will be known as “SUPERA” (Suministro de Petroliferos Altamira–Bajio).
MEG Energy to Sell Two Midstream Assets to Wolf Midstream for $1.2 Billion
February 12, 2018
Canadian oil sands producer MEG Energy has agreed to sell Access Pipeline and Stonefell Terminal assets to Canada Pension Plan Investment Board-backed Wolf Midstream in a deal worth C$1.61bn ($1.27). Under the terms of the deal, Wolf Midstream will pay
Adelphia Gateway Files Application with FERC for Construction of Pipeline, Pa.
February 7, 2018
Following the conclusion of its successful binding open season, Adelphia Gateway, LLC filed an application with the Federal Energy Regulatory Commission (FERC) seeking a certificate of public convenience and necessity authorizing the acquisition, construction and operation of an existing 84-mile
Mexico Auctions 19 Deepwater Oil Blocks in the Gulf of Mexico
February 6, 2018
PTI reported that Mexico auctioned off 19 deep-water oil blocks located in the Gulf of Mexico, the largest such auction since the government opened the country’s hydrocarbons sector to private industry. Royal Dutch Shell won nine of the blocks —
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