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Texas-based IPR Energy to Acquire Dana Gas’ Onshore Egyptian Assets for $236 Million
November 2, 2020
Dana Gas recently agreed to sell its onshore Egyptian producing oil and gas assets to an affiliate of Texas-based IPR Energy Group for $236 million. The sale by United Arab Emirates-based Dana Gas will bolster its balance sheet and allow
Friday, Oct. 30: Assistant Secretary Winberg Participates in Upstream PA 2020 Conference
October 30, 2020
On Friday, October 30, 2020, the U.S. Department of Energy’s Assistant Secretary of Fossil Energy Steve Winberg will participate in the Upstream PA 2020 Conference. Assistant Secretary Winberg and Dave Spigelmyer, President of the Marcellus Shale Coalition, will discuss the
TC Energy Awards More than $1.6 Billion in American Contracts to Build Keystone XL
October 30, 2020
TC Energy Corporation has awarded more than US$1.6 billion worth of contracts to six major American union contractors to execute pipeline construction across 800 miles in three states in the U.S. on the Keystone XL Pipeline in 2021. The six
Contango Oil & Gas to Acquire Mid-Con Energy Partners in All-stock Merger
October 30, 2020
Contango Oil & Gas Company and Mid-Con Energy Partners have entered into an agreement to combine in an all-stock merger transaction. The combination continues Contango’s consolidation strategy, increases its exposure to oil reserves at an attractive price, increases corporate margins
EQT to Acquire Chevron’s Appalachian Basin Assets for $735 Million
October 29, 2020
US-based natural gas producer EQT has agreed to acquire Chevron’s upstream and midstream assets in Appalachian Basin for $735 million. Under the definitive purchase and sale agreement signed by both the companies, EQT will acquire around 100 work-in-progress wells as
DOI Issues Final Approval for ConocoPhillips’ Willow Oil Project, Alaska
October 29, 2020
ConocoPhillips Alaska has secured final approval from the US Department of the Interior (DOI) for its Willow oil project in the National Petroleum Reserve in Alaska. The Willow prospect is in the Bear Tooth Unit in the northeast portion of
Adelphia Gateway Natural Gas Pipeline Begins Construction in Pennsylvania
October 29, 2020
Adelphia Gateway LLC, a subsidiary of New Jersey Resources, said this week that it has received a Partial Notice to Proceed with construction on the first phase of the pipeline project from the Federal Energy Regulatory Commission (FERC). The company
Oil and Gas Production to Account for 68% of Energy Consumption Over Next Two Decades
October 29, 2020
Over the next two decades, oil and gas production is projected to account for 68 percent of energy consumption in the U.S. and will play a key role in the energy transition to a low carbon future, according to a
Secretary of Energy Brouillette Tours Range Resources’ Natural Gas Well, Pa.
October 29, 2020
The U.S. Secretary of energy was in Washington County on Tuesday to tour a Marcellus Shale natural gas well. Pittsburgh’s Action News 4 had a chance to speak with Dan Brouillette about what the tour means to people who live
Backwoods Energy Completes Financing for Alberta Indigenous Opportunities for Cascade Power Plant
October 28, 2020
Backwoods Energy Services has closed on an investment by a consortium of six First Nations, the Indigenous Communities Syndicate (ICS) in the $1.5-billion Cascade Power Plant project. Cascade is a 900MW combined cycle power plant that will provide eight percent
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