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

Tellurian Withdraws Application to Build Permian Global Access Natural Gas Pipeline

December 4, 2020

U.S. liquefied natural gas developer Tellurian told federal energy regulators on Tuesday it wants to withdraw its application to build the Permian Global Access natural gas pipeline in Texas and Louisiana. The filing with the U.S. Federal Energy Regulatory Commission

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Pembina Pipeline Corporation Releases 2020 Sustainability Report

December 4, 2020

Pembina Pipeline Corporation released its 2020 Sustainability Report. This marks their second full-length report outlining the company’s approach, recent performance, and future initiatives for environmental, social, and governance (ESG). The 2020 Report details the company’s progress since 2018 and further

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Maverick Natural Resources Acquires FourPoint Energy

December 3, 2020

Maverick Natural Resources has acquired FourPoint Energy, the largest producer in the Western Anadarko Basin. In conjunction with the all-equity merger, FourPoint became a wholly owned subsidiary of Maverick and was renamed Unbridled Resources. Both Maverick and FourPoint are majority

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Humble Midstream Secures Initial $300 Million Capital Commitment from EnCap Flatrock Midstream

December 3, 2020

Humble Midstream has secured an initial capital commitment of $300 million from EnCap Flatrock Midstream (EFM). Based in Denver and formed in mid-2020, Humble Midstream is an independent energy company focused on acquiring and building midstream assets in conventional and

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Energy Transfer Seeks Approval for Oil Export Platform, Louisiana

December 3, 2020

Dallas-based Energy Transfer LP is seeking to replace an existing offshore natural gas platform and build a crude oil export project in the Gulf of Mexico 99 miles offshore from Cameron Parish in southwest Louisiana. The Maritime Administration, in coordination

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Senate Confirms Trump’s FERC Picks Mark Christie and Allison Clements

December 3, 2020

The U.S. Senate on Monday confirmed two of President Donald Trump’s picks for the Federal Energy Regulatory Commission (FERC), in a move that could secure a Republican majority on the panel through June. The Senate passed Mark Christie, a Republican,

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Wyoming Energy Rebound Program’s Oil and Gas Stimulus Program Shows Promising Initial Results

December 3, 2020

An oil and gas stimulus program launched by the state this month may be accomplishing what it intended: helping operators here recover from the economic downturn. Gov. Mark Gordon created Wyoming’s Energy Rebound Program to give companies the money they

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Enbridge Begins Construction on Line 3 Replacement Project, Minnesota

December 2, 2020

Enbridge has started construction on its $6.9 billion Line 3 Replacement Project in Minnesota after securing all necessary permits and approvals. The project calls for the full replacement of the 34-inch 1,660km long Line 3 crude oil pipeline laid between

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Sentinel Midstream Receives Draft EIS for Texas GulfLink Deepwater Port

December 2, 2020

Sentinel Midstream has received a draft environmental impact statement (EIS) from the United States Coast Guard and United States Maritime Administration for the Texas GulfLink deepwater port in the US. To be located off the coast of Freeport, Texas, the

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Lonestar Resources Successfully Completes Restructuring

December 2, 2020

Lonestar Resources has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, having satisfied all of the conditions to the effectiveness of its plan of reorganization. Through its financial restructuring, Lonestar has eliminated approximately $390 million in aggregate

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