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Cummins to Form Joint Venture With NPROXX for Hydrogen Storage
June 23, 2020
Cummins has entered into an agreement to form a joint venture with NPROXX. The joint venture will continue under the name NPROXX. “We are thrilled to combine Cummins’ expertise, innovation and commitment to customer success with NPROXX’s leading hydrogen storage
Millennium PetroCapital Successfully Launches New Oil Development Project, Texas
June 23, 2020
Millennium PetroCapital Corporation successfully launched its Gonzales County, Texas multi-well development plan of the famously prolific Austin Chalk formation. Millennium put two new Austin Chalk wells in production through its dedicated drilling and operating division, Millennium Exploration Company in May
PG&E Completes Initial Stage of Bankruptcy Exit Financing
June 23, 2020
Following the formal confirmation of the company’s plan of reorganization by the United States Bankruptcy Court yesterday, PG&E Corporation, Pacific Gas, and Electric Company said that PG&E has completed the initial stage of its bankruptcy exit financing contemplated in its
Black Bear Transmission Selects Quorum Software to Manage All Pipeline and Measurement Needs
June 23, 2020
Quorum Software said that Black Bear Transmission has selected Quorum gas pipeline software, gas measurement software, and measurement services to support its growing operations. To ensure the delivery of reliable gas supply and accurate information to customers, Black Bear needed
Glenfarne Group Acquires Export Terminal Development Project Magnolia LNG, Louisiana
June 23, 2020
Glenfarne Group has completed the acquisition of Magnolia LNG, an LNG export terminal development project in Louisiana, USA, through Glenfarne’s newly formed subsidiary Magnolia LNG Holdings. Magnolia LNG is an 8 million tonnes per annum (mtpa) LNG export business that
Tidewater and TransAlta to Sell Pioneer Pipeline to NOVA Gas Transmission
June 22, 2020
Tidewater Midstream and Infrastructure and its partner TransAlta have signed a definitive agreement with TC Energy’s subsidiary NOVA Gas Transmission (NGTL) to sell the Pioneer Pipeline for $255 million. Located within Alberta, the pipeline runs from west of Drayton Valley
Trump Administration Asks Supreme Court to Review Keystone Pipeline Ruling
June 22, 2020
The Trump administration has asked the U.S. Supreme Court to overturn a federal judge’s decision and grant a permit to allow the construction of the Keystone XL pipeline to continue. The 1,200-mile pipeline from Alberta, Canada, to Nebraska has been
BLM Eases Requirements for Oil and Gas Royalty Relief
June 22, 2020
The Bureau of Land Management (BLM) has changed its guidance for companies that want to see their royalty payments for oil and gas leases reduced, lessening the requirements for what companies need to prove in order to get the rate
API: U.S. Petroleum Demand Recovered in May
June 22, 2020
A major oil and gas industry group said Thursday that demand for petroleum, which fell earlier this year amid the coronavirus pandemic, increased by 14 percent last month over demand in April. In May, petroleum demand increased by about 2
Urbint Raises $20M for Development of AI-powered Prediction, Threat Prevention Technology
June 22, 2020
Thanks to investments from Energy Impact Partners, Piva, Salesforce Ventures, and National Grid Partners, Urbint has raised $20 million to further technology capable of predicting and preventing threats to energy infrastructure and worker safety. “A few years ago, we saw
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