Oil, Gas and Shale
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Targa Resources to Sell Stake in Badlands Assets for $1.6 Billion, North Dakota

February 21, 2019

Targa Resources has agreed to sell 45 percent stake in its midstream assets in North Dakota to funds managed by GSO Capital Partners and Blackstone Tactical Opportunities (together called Blackstone) for $1.6 billion in an all-cash deal. The North Dakota

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Saulsbury Strengthens Its Focus on Upstream and Midstream Markets

February 21, 2019

Saulsbury has announced plans to focus on serving clients in the upstream and midstream oil and gas sector with its expertise in engineering, procurement and construction (EPC) as well as continued growth in its field services business unit. In addition,

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Backlog of Oil and Gas Permits in Colorado Could Take Three Years to Clear

February 21, 2019

A flurry of drilling permit applications late last year and a rising number of challenges to the requests have helped create a backlog that state regulators say could take up to three years to clear. At the end of January,

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Devon Energy Completes Final Step to Complete Transformation to U.S. Oil Growth Company

February 20, 2019

Devon Energy’s board of directors has authorized the company to pursue the separation of its Canadian and Barnett Shale assets to complete its transformation to a high-return U.S. oil growth business. Devon will evaluate multiple methods of separating the assets,

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RS Energy Group Forms Strategic Partnership with FourPoint Energy and LongPoint Minerals

February 20, 2019

RS Energy Group (RSEG) has formed a strategic partnership with Denver-based FourPoint Energy and LongPoint Minerals, uniquely pairing RSEG’s best-in-class energy intelligence and advanced analytics with FourPoint’s and LongPoint’s industry-leading technical interpretations. This relationship will allow FourPoint and LongPoint to

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Curtis Engine Celebrates 75 Years of Power Generation Service

February 20, 2019

Curtis Engine & Equipment Co., Inc., provider of world-class power generation equipment sales and service and an authorized Mid-Atlantic distributor for MTU Onsite Energy, is celebrating 75 years of meeting the needs of commercial, institutional, government and other mission-critical facilities

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Imperial Applying New Technologies to Reduce Oil Sands Greenhouse Gas Emissions Intensity

February 20, 2019

Imperial said that it plans to apply advanced technologies and improvements in efficiency to reduce the greenhouse gas emissions intensity of its operated oil sands facilities. The company’s plans build on a longstanding commitment to improve the environmental footprint and

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Qatar Petroleum and ExxonMobil to Commence Contruction of Golden Pass LNG Facility, Texas

February 20, 2019

The Golden Pass Products export project at the existing Golden Pass LNG facility in Sabine Pass, Texas, is moving forward following a positive final investment decision from its owners, affiliates of Qatar Petroleum and ExxonMobil. Golden Pass awarded the engineering,

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Tellurian and Petronet Sign MOU for Equity Investment in Driftwood Project, Louisiana

February 20, 2019

Tellurian has signed a memorandum of understanding (MOU) with Petronet LNG Limited INDIA (PLL) where PLL is exploring the possibility of investment in the Driftwood project, which includes a proposed liquefied natural gas (LNG) terminal, along with natural gas production,

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Dominion Energy Launches Initiative to Reduce Methane Emissions from Natural Gas Infrastructure

February 19, 2019

Dominion Energy has announced an historic, industry-leading initiative to reduce methane emissions from its natural gas infrastructure by 50 percent over the next decade, based on 2010 levels. The initiative will prevent more than 430,000 metric tons of methane from

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