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ABB to Acquire Siemens Low Voltage NEMA Motor Business
September 1, 2022
ABB has signed an agreement to purchase Siemens’ low voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team.
ARC Resources Deploys Qube’s Continuous Monitoring Technology in Canada
August 31, 2022
ARC Resources has successfully deployed Qube Technologies’ continuous emissions monitoring solution across multiple sites in northern Alberta and northeast British Columbia. The project is part of ARC Resources’ commitment to responsible development through the application of clean technologies. In early
Texas Railroad Commission OKs New Weatherization Rules for Oil and Gas Producers
August 31, 2022
Oil and natural gas infrastructure deemed critical by the state will now have to weatherize under new standards approved Tuesday by the Texas Railroad Commission over objections from critics who say the rules are too lax. The regulations were approved
Magellan Midstream to Expand Refined Products Pipeline System to El Paso
August 30, 2022
Magellan Midstream Partners, following a successful open season, plan to expand its refined petroleum products pipeline system from the Houston area to El Paso, Texas. Magellan is currently capable of transporting approximately 70,000 barrels per day (bpd) of refined petroleum
Santos Reaches FID on Darwin Pipeline Duplication Project, Offshore Australia
August 30, 2022
Santos, the operator of the proposed Barossa offshore gas and condensate project, has reached a final investment decision (FID) to proceed with the Darwin pipeline duplication project. Barossa is being developed to provide an alternative source of natural gas to
Offen Petroleum Acquires Wholesale Division of G&S Oil Products
August 29, 2022
Offen Petroleum has completed the acquisition of the wholesale division of G&S Oil Products, headquartered in Centennial, Colorado. Offen is a leading independent distributor of motor fuels, propane, and lubricants, and offers petroleum logistics services in 40 U.S. states. The
U.S. Oil & Gas Rig Count Falls for First Time in 25 Months
August 29, 2022
Energy firms this week increased the number of U.S. oil and gas rigs but cut the count in August for the first time in 25 months, even as oil prices remain relatively high. The oil and gas rig count, an
Firms Make Deals to Boost LNG Exports 60 Percent from U.S., Canada, and Mexico
August 26, 2022
North American liquefied natural gas (LNG) developers and producers this year have struck deals to sell 48 million tonnes of LNG, which will eventually pump up exports 60 percent from current levels, although much of the output remains years away.
LRG Energy Acquires Texas Panhandle Assets of Bjorger Companies
August 26, 2022
LRG Energy, has acquired the assets of the Bjorger Companies. The acquisition includes approximately 800 wells and integrated salt water disposal wells in Carson, Gray, Montague, Stephens, Wise, Hutchinson, Hansford, Moore, and Sherman counties in Texas. The assets acquired will
DOE Releases RFI on Water Research Needs Associated with Thermal Power Plants, Oil & Gas Production
August 26, 2022
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) released a request for information (RFI) on the characterization, treatment and cleaning, and management of effluent waters from oil and natural gas development and production, along
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