Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Paradigm Energy Closes Crude Oil Gathering Agreement in Charlson Field, North Dakota

March 1, 2016

Paradigm Energy Partners, LLC has successfully executed another substantial crude oil gathering agreement for Paradigm’s Charlson Gathering System in the North Dakota Bakken Shale. Paradigm reached an agreement with XTO Energy Inc. to gather crude oil from XTO’s Charlson Field

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Sempra, Woodside Subsidiaries Sign Natural Gas Liquefaction Project Development Agreement, Texas

February 29, 2016

Sempra Energy’s Sempra LNG & Midstream unit has entered into a project development agreement with a subsidiary of Woodside Petroleum Ltd. to further advance the development of the proposed Port Arthur LNG natural gas liquefaction facility in Port Arthur, Texas.

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FourPoint Energy to Acquire Chesapeake Energy’s Remaining Western Anadarko Assets for $385 Million

February 29, 2016

FourPoint Energy, LLC has signed a definitive agreement to acquire all of Chesapeake Energy’s remaining Western Anadarko Basin oil and gas assets for a purchase price of $385 million. The assets to be acquired include an interest in nearly 3,500

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Southern Company Leading Global Carbon Capture Research and Development Network for U.S.

February 29, 2016

Southern Company has assumed leadership of the Carbon Capture International Test Center Network (ITCN), a global coalition of facilities working to accelerate the research and development (R&D) of carbon capture technologies. The National Carbon Capture Center (NCCC), a U.S. Department

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March 3: Frost & Sullivan Online Panel Discussion on 2016 Global Oil & Gas Outlook

February 29, 2016

The dramatic decline in the oil price at the end of 2015 and the start of 2016 is having major implications for the sector and the wider economy. Frost & Sullivan’s two top oil & gas experts — Principal Jonathan

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Cheniere Energy’s LNG Commissioning Cargo Set to Depart from Sabine Pass LNG Terminal, Louisiana

February 26, 2016

Cheniere Energy Partners, L.P. (Cheniere Partners) announced that the first commissioning cargo with liquefied natural gas (“LNG”) produced from the first liquefaction train (“Train 1”) of its Sabine Pass liquefaction project in Cameron Parish, Louisiana, will depart imminently. The LNG

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Crude Oil Settles Higher Despite Record Stockpiles

February 26, 2016

West Texas Intermediate settled up 0.9 percent to US$32.15 a barrel overnight. At one stage during the session the commodity was off 4 percent. Driving the volatility was data showing another jump is U.S. stockpiles, with another 3.5 million barrels

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Emerson to Automate Cameron’s Liquefaction Export Project, Louisiana

February 24, 2016

Cameron LNG has awarded a contract to Emerson Process Management to automate new liquefaction export project in Hackberry, Louisiana, US. Under the $20m contract, Emerson will provide its DeltaV distributed control and DeltaV SIS integrated safety system for new as

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U.S. to Offer 45 Million Acres for Oil and Gas Exploration Offshore Gulf of Mexico

February 24, 2016

The US Bureau of Ocean Energy Management (BOEM) will offer nearly 45 million acres in the Gulf of Mexico for oil and gas exploration and development in lease sales. Scheduled to begin in March of 2016, the proposed Central Gulf

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It’s Getting Harder to Take Fracktivists Seriously

February 24, 2016

The moment anyone mentions fracking, the technology’s detractors, some call them “Fracktivists,” show up to spread fear about it. They claim fracking poisons drinking water, damages the environment, and promotes the use of “dirty” oil and natural gas. Well, it’s

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