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

TC Energy Moves Forward with Wisconsin Access Project

November 23, 2020

TC Energy Corporation said it will move forward with its Wisconsin Access Project to increase natural gas capacity, improve reliability, and reduce emissions on a highly utilized segment of its ANR Pipeline system. The $2 billion project will provide approximately

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Panhandle Oil and Gas Acquires Mineral and Royalty Assets from Red Stone Resources for $6.9 Million

November 23, 2020

Panhandle Oil and Gas has agreed to acquire two packages of mineral and royalty assets totaling approximately 795 net royalty acres in the SCOOP and Haynesville plays from Red Stone Resources for $6.9 million. The purchase price consists of $6.4

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FourPass Energy, Oaktree Partner Launch Oil and Gas Operating Company With $900 Million Commitment

November 20, 2020

FourPass Energy, along with funds managed by Oaktree Capital Management, have formed a partnership to acquire and operate large-scale, oil-weighted, producing oil and gas assets. Oaktree’s $900 million pledge includes $600 million in initial equity, with an option to upsize

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Ambyint Launches Well Optimization Benchmark Service

November 20, 2020

Ambyint has launched a new service that gives exploration and production (E&P) companies clear visibility into the relative impacts of their well optimization strategies and practices. The service benchmarks companies against the rest of industry providing metrics and operational roadmap

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Easton Energy Acquires Exxon Mobil’s South Texas Petrochemical Pipeline System

November 20, 2020

Easton Energy has executed an agreement to purchase the South Texas Pipeline System from ExxonMobil Pipeline Company, a wholly-owned subsidiary of Exxon Mobil Corporation. The South Texas Pipeline System comprises approximately 720 miles of pipeline running from ExxonMobil’s Clear Lake

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Halliburton to Set Science-Based Targets to Reduce Emissions

November 20, 2020

Halliburton Company released its commitment to set science-based targets to reduce greenhouse gas (GHG) emissions. The company submitted its commitment letter to the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute,

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NRG Energy Recognizes Business Customers During Inaugural Excellence in Energy Awards

November 20, 2020

NRG Energy honored its top energy customers in efficiency, sustainability, and community through the inaugural Excellence in Energy Awards held on November 18, 2020. The Excellence in Energy Awards identifies customers by industry that demonstrate a strong commitment to planning

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Wyoming Gov. Gordon Launches Economic Stimulus Program for Oil and Gas Industry

November 19, 2020

Gov. Mark Gordon launched an economic stimulus program on Wednesday to help the state’s ailing oil and gas industry recover from the economic collapse of energy markets fueled by the COVID-19 pandemic. The $15 million available to operators will come

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Trump Officials Ramp Up Efforts to Auction Oil Exploration Rights in Alaska

November 19, 2020

The Trump administration has accelerated plans to sell leasing rights for oil exploration in the Alaska National Arctic Wildlife Refuge (NAWR), in a final-hour push to open up the previously off-limits region to producers. The US Bureau of Land Management

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March 2021: BOEM to Offer 14,594 Exploration Blocks in Gulf of Mexico Lease Sale

November 19, 2020

The US Bureau of Ocean Energy Management (BOEM) is planning to offer approximately 78.2 million acres in federal waters of the Gulf of Mexico’s Outer Continental Shelf (OCS), for oil and gas exploration and development in the next lease sale.

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