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Quorum Software Acquires Denver-based EnergyIQ
April 8, 2020
Quorum Software has acquired Denver-based EnergyIQ, a leading provider of well master data management software applications. The acquisition expands and strengthens Quorum’s industry-leading oil and gas software and services portfolio with the leader in well lifecycle data management for upstream
ExxonMobil Contributions to Houston-Area Food Banks to Provide One Million Meals
April 8, 2020
ExxonMobil will help provide about 1 million meals to Houston-area residents impacted by the COVID-19 pandemic through $250,000 in contributions to local food banks. The Houston Food Bank will receive $200,000, including $50,000 worth of gasoline gift cards for use
White House Convenes Oil CEO’s
April 7, 2020
Petroleum CEOs, including U.S. oil-patch loyalists to President Donald Trump, sought White House help Friday in calming roiling global oil markets amid threats to America’s yearslong fracking boom and the global pandemic. Executives of Chevron, Exxon and other large and
Dept. of Energy to Make Strategic Petroleum Reserve Storage Capacity Available to Oil Producers
April 7, 2020
The U.S. Department of Energy (DOE) announced a solicitation to immediately make 30 million barrels of the Strategic Petroleum Reserve’s (SPR’s) oil storage capacity available to U.S. oil producers that are struggling with catastrophic financial losses due to the combined
Black Bear Transmission Acquires Enbridge’s Gas Transmission Business
April 7, 2020
Black Bear Transmission, a portfolio company of the second Basalt fund, has closed the acquisition of Ozark Gas Transmission, (OGT) and Ozark Gas Gathering (OGG) from a subsidiary of Canada-based energy infrastructure firm Enbridge. OGT owns and operates a 367-mile
Cryopeak Begins Construction on New LNG Production Facility, Canada
April 7, 2020
Canadian LNG distributor Cryopeak LNG Solutions has commenced construction on new liquefied natural gas (LNG) production facility in Canada. Located in Fort Nelson, British Columbia, the project is capable of producing approximately 90,000 gallons of LNG per day. Claimed to
Canada Looks to U.S. as Oil Crisis Escalates
April 7, 2020
Canada is in close contact with the United States about the oil price crash and its effect on the industry, Canada’s Deputy Prime Minister and Minister of Intergovernmental Affairs Chrystia Freeland told media. “Let me just say that this is
Oil Industry Groups Release Sustainability Reporting Guidance
April 6, 2020
Leading oil industry associations have released the latest edition of the Sustainability Reporting Guidance for the Oil and Gas industry report. This is the fourth edition of the report, which is produced by IPIECA (International Petroleum Industry Environmental Conservation Association),
Wyoming Rep. Cheney Calls to Reduce Royalty Payments for Coal, Miners, Oil and Gas Industries
April 6, 2020
Wyoming Rep. Liz Cheney joined 29 members of Congress in sending a letter to Department of the Interior Secretary David Bernhardt calling on suspending or reducing federal royalty payments for coal, soda ash, oil, gas and other minerals to the
Wyoming Mineral, Oil and Gas Industries Urge Gov. to Deem Work Essential in Event of Shelter Order
April 6, 2020
Wyoming’s mineral industries have asked Gov. Mark Gordon to consider mining and drilling operations “essential” activities in anticipation of further potential business restrictions during the coronavirus pandemic. The Petroleum Association of Wyoming, along with the Wyoming Mining Association, urged the
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