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

Canada Invokes Pipeline Treaty with U.S. Over Wisconsin Line 5 Dispute

September 8, 2022

Canada has invoked a 1977 pipeline treaty with the United States for the second time in less than a year, in this case to prevent a shutdown of Enbridge Inc’s Line 5 pipeline in Wisconsin, Foreign Minister Melanie Joly said

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EQT to Acquire Upstream and Midstream Assets in Appalachia for $5.2 Billion

September 7, 2022

EQT, an American natural gas production company, has signed a cash and stock deal worth $5.2 billion to acquire the upstream assets of Tug Hill and the gathering and processing assets of XcL Midstream. The consideration is made up of

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Schlumberger Joins the Aiming for Zero Methane Emissions Initiative

September 7, 2022

Schlumberger recently joined the Aiming for Zero Methane Emissions Initiative to support energy companies’ efforts to curb the warming impact of their operational methane emissions. The project, developed by the Oil and Gas Climate Initiative (OGCI), includes two tiers of

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EPA Denies Cheniere Request to Exempt LNG Gas Turbines from Pollution Rule

September 7, 2022

The U.S. Environmental Protection Agency (EPA) said on Tuesday it has denied a request from leading liquefied natural gas (LNG) exporter Cheniere Energy to exempt turbines at its two U.S. Gulf Coast terminals from a hazardous pollution rule. The rejection

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ExxonMobil, Shell Sign Deal to Divest California JV Asset to IKAV for $4 Billion

September 6, 2022

ExxonMobil Corporation and Shell entered separate agreements to divest their California-based joint venture, Aera Energy, to IKAV for $4 billion. The divestiture marks the end of a 25-year partnership between oil majors ExxonMobil and Shell. Aera Energy was one of

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BKV to Expand Carbon Capture Efforts with New Agreement with Verde

September 6, 2022

BKV Corporation has entered into an agreement with Verde Co2 CCS for carbon capture, utilization, and sequestration (CCUS) project identification and evaluation to expand its CCUS and greenhouse gas emissions reduction efforts. “Leveraging Verde’s CCUS expertise is expected to help

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Happy Labor Day!

September 2, 2022

Labor Day, the first Monday in September, is a creation of the labor movement and according to the U.S. Department of Labor “is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to

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TC Energy and Mexico’s CFE to Build $4.5 Billion Southeast Gateway Pipeline

September 1, 2022

TC Energy and Mexican state-owned electric utility Comisión Federal de Electricidad (CFE) have agreed to lay the $4.5 billion Southeast Gateway Pipeline, a 715km long offshore natural gas pipeline to serve the southeast region of Mexico. The two firms have

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Howard Energy Partners to Expand Its South Texas Natural Gas Transportation System

September 1, 2022

Howard Energy Partners (HEP), through its joint venture, Dos Caminos, released plans to expand its capabilities to gather, treat, and transport natural gas produced from the Austin Chalk and Eagle Ford shale plays in and around Webb County, Texas. Dos

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Kinder Morgan Acquires North American Natural Resources for $135 Million

September 1, 2022

Kinder Morgan has closed on the acquisition of North American Natural Resources (NANR) and its sister companies, North American Biofuels and North American-Central. The $135 million acquisition in combined purchase price and related transaction costs includes seven landfill gas-to-power facilities

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