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

Westlake Chemical Partners Continues Recovery Efforts at OpCo Plant, Louisiana

September 9, 2020

Westlake Chemical Partners issued a statement updating the impact of Hurricane Laura, which made landfall near plants in the Lake Charles, Louisiana area owned by Westlake Chemical OpCo, in which the Partnership owns a 22.8 percent interest. In the aftermath

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Rising Phoenix Acquires CNX’s Marcellus Shale Natural Gas Minerals in Pa.

September 8, 2020

Rising Phoenix Royalties (RPR) announces a 100 percent natural gas mineral acquisition in the Marcellus Shale, Washington County, PA from a private seller. This acquisition is RPR’s second Appalachian Basin transaction in 2020. CNX Resources Corporation is the well site

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U.S. Oil and Gas Rig Count Rises to 285 Heading Into Final Quarter of 2020

September 8, 2020

The US oil and natural gas rig count rose by three on the week to 285, rig data provider Enverus said Sept. 3, as the final trimester of the year approaches with the drilling arena not showing much change. Two

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ConocoPhillips’ Alaska Project Likely Safe from Potential Biden Regulatory Changes

September 8, 2020

ConocoPhillips’ development of its Willow discovery in Alaska appears relatively safe from any foreseen changes should Joe Biden be elected US president in November, a top company executive said Sept. 2. If Biden, the Democratic Party candidate who has pledged

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Kinder Morgan Resumes Construction at Permian Highway Pipeline After Suspicious Package Found

September 8, 2020

Kinder Morgan Inc. has restarted construction activities along the Permian Highway Pipeline (PHP), one day after contractors discovered a “suspicious package” at a work site in Blanco, in the Texas Hill Country. Kinder immediately halted work in the immediate vicinity

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Interior Department Seeks to Expedite Energy Projects to Speed COVID Recovery

September 4, 2020

The Interior Department sent a list of 50 major infrastructure projects, including 21 involving oil and gas drilling and mining, to the White House to be fast-tracked to “support economic recovery” from the ongoing COVID-19 emergency, according to a document

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U.S. Bureau of Land Management Aims for California Drilling Auction by Year-End

September 4, 2020

The Trump administration on Wednesday said it planned to hold a sale of oil and gas leases in California before the end of the year, in what would be the first drilling auction in the Golden State since 2013. The

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Canada’s Whitecap Resources to Acquire NAL Resources for $118 Million

September 3, 2020

Canadian oil producer Whitecap Resources has signed a deal to acquire NAL Resources, a subsidiary of insurance and financial services provider Manulife Financial, for approximately $118.59 million. Under the terms of the agreement, Whitecap will issue 58.3 million shares to

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Texas Judge Denies Sierra’s Request to Stop Construction of Kinder Morgan’s Permian Highway Pipeline

September 3, 2020

A federal judge in Texas has denied the Sierra Club’s request to stop construction of the $2.3 billion, 429-mile Permian Highway pipeline that would carry natural gas from the Permian Basin shale region in west Texas through the state’s scenic

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San Mateo Commissions Expanded Black River Processing Plant, New Mexico

September 3, 2020

San Mateo Midstream has successful completed and commissioned the expansion of its Black River cryogenic natural gas processing plant in Eddy County, New Mexico. The expansion project added an incremental inlet capacity of 200 million cubic feet of natural gas

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