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

Louisiana Officials: U.S. Can Fight Climate Change, Still Drill for Oil

February 16, 2021

Offshore oil exploration can go hand-in-hand with President Joe Biden’s stated goals of reducing carbon emissions and fighting climate change, Louisiana officials argued Wednesday. State government and business leaders said they are deeply concerned about the federal government’s current 60-day

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Senator Manchin Emphasizes Natural Gas in Second Letter to Biden

February 16, 2021

For the second time, U.S. Sen. Joe Manchin, D-W.Va., has reached out to President Joe Biden on energy policy. Manchin, the chairman of the Senate Energy and Natural Resources Committee, wrote to the president Friday in support of natural gas

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Alberta Allocates $316 Million Funding for Inactive Oil and Gas Site Cleanup

February 16, 2021

The Alberta government in Canada has announced a funding of CAD$400 million ($315.9 million) to help in the cleanup of inactive oil and gas sites across the province. It will provided in two new rounds of the federal CAD$1 billion

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Interior Department Postpones March’s Onshore and Offshore Leases

February 16, 2021

The Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with President Joe Biden’s executive order on climate change. The Jan. 27 order instructed federal agencies to suspend oil

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U.S. Oil Rig Count Sees Another Weekly Gain

February 15, 2021

U.S. drillers last week added oil and natural gas rigs for a 12th week in a row, the longest streak of additions since June 2017, as crude prices hit their highest in more than a year. The oil and gas

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TC Energy Cancels Binding Open Season for the Keystone Pipeline System

February 15, 2021

TC Energy has cancelled an open season launched on January 6, 2021 to solicit binding commitments for crude oil transportation services on the Keystone Pipeline System from Hardisty, Alberta to Patoka, Illinois. The capacity offered would have become available when

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New Mexico Asks Biden Administration to Resolve Drilling Policy Confusion

February 15, 2021

New Mexico officials are asking the Biden administration to resolve confusion in the state’s oil and gas industry over a 60-day pause on allowing state-level staff to issue approvals for new federal lands drilling. In a letter dated Feb. 9

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TC Energy Agrees to Acquire TC PipeLines for $1.68 Billion

February 12, 2021

Canadian energy company TC Energy has agreed to acquire the remaining shares that it does not own in TC PipeLines for approximately $1.68 billion. The latest move follows an offer made by the company to acquire all the outstanding common

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Basalt to Acquire Xpress Natural Gas

February 12, 2021

Basalt Infrastructure Partners has entered into a definitive agreement to acquire Xpress Natural Gas. XNG is a fully integrated Compressed Natural Gas (CNG) provider operating in the United States and Canada. The company provides reliable, low-carbon energy solutions to utility,

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LNG Canada Resumes Construction Activities After Covid Outbreak

February 12, 2021

LNG Canada and project contractor JGC Fluor joint venture are gradually returning to construction activities at the project site in Kitimat, following a COVID-19 outbreak in November and December. LNG Canada will build and operate a terminal for the liquefaction,

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