Oil, Gas and Shale
Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




NEWS Click on text to read news by category: General | Product | People | Worldwide

Shell USA to Acquire EV Charging Firm Volta for $169 Million

January 19, 2023

Volta Inc. has executed a definitive merger agreement where Shell USA will acquire Volta in an all-cash transaction valued at approximately $169 million. The transaction brings Volta’s powerful dual charging and media network to Shell’s established brand and seeks to

Read more...

Halliburton Labs Welcomes Three New Companies to Its Energy Tech Accelerator

January 19, 2023

Halliburton Labs has introduced Matrix Sensors, Renew Power Systems (RPSi), and SunGreenH2 as the newest participants in its clean energy accelerator. The move is part of Halliburton Labs’ ambition to advance clean energy innovation. Halliburton Labs helps early-stage companies increase

Read more...

WhiteHawk Energy to Acquire Haynesville Shale Natural Gas Mineral and Royalty Assets for $105M

January 18, 2023

WhiteHawk Energy has entered into a definitive agreement (Haynesville agreement) to acquire up to $105 million of natural gas mineral and royalty assets primarily located in northwestern Louisiana (Haynesville royalties). The Haynesville royalties are focused in the core of the

Read more...

ONEOK Files Permit Application for Permian-Mexico Connector Pipeline

January 18, 2023

ONEOK said its Saguaro Connector Pipeline subsidiary has filed a presidential permit application with the Federal Energy Regulatory Commission (FERC) to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and

Read more...

Phillips 66 to Acquire Public Units of DCP Midstream for $3.8 Billion

January 18, 2023

Phillips 66 and DCP Midstream have entered into a definitive agreement to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit, increasing

Read more...

High Arctic Energy Services Completes $28 Million Sale of Its Canadian Well Servicing Business

January 18, 2023

High Arctic Energy Services has closed the sale of its Canadian well servicing business on receipt of the final cash payment of $28 million. The well servicing transaction was announced by the corporation on July 18, 2022 with an effective

Read more...

Tallgrass Releases Series of Initiatives to Protect Louisiana Coastline and Communities

January 18, 2023

Tallgrass has entered into an agreement with the Louisiana Coastal Protection and Restoration Authority (CPRA) for the sale of over 500 acres of property in Plaquemines Parish, Louisiana, to advance Governor John Bel Edward’s efforts to restore the state’s eroding

Read more...

BP Doubles Oil Production From Its Thunder Horse Project, Gulf of Mexico

January 17, 2023

BP doubled crude oil production from its Thunder Horse project in the deepwater Gulf of Mexico, per a report by Reuters. For the first time in more than a year, production at the platform increased to more than 200,000 barrels of

Read more...

Public Shale Drillers Take the Lead Over Private Oil Operators

January 17, 2023

Publicly traded oil explorers such as Occidental Petroleum Corp. and EOG Resources Inc. have taken the lead in expanding shale drilling, displacing private companies that dominated the space for more than a year. Public drillers added 18 rigs during the

Read more...

House Passes Bill Aimed at Restricting Oil Reserve Sales to Companies with Chinese Influence

January 17, 2023

The House last week passed a bill aimed at restricting sales from the country’s oil reserves to China. The legislation bars sales of oil from the Strategic Petroleum Reserve (SPR) to entities under the control, ownership or influence of the

Read more...

Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




Advertisement