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

Black Bear Transmission Selects Quorum Software to Manage All Pipeline and Measurement Needs

June 23, 2020

Quorum Software said that Black Bear Transmission has selected Quorum gas pipeline software, gas measurement software, and measurement services to support its growing operations. To ensure the delivery of reliable gas supply and accurate information to customers, Black Bear needed

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Glenfarne Group Acquires Export Terminal Development Project Magnolia LNG, Louisiana

June 23, 2020

Glenfarne Group has completed the acquisition of Magnolia LNG, an LNG export terminal development project in Louisiana, USA, through Glenfarne’s newly formed subsidiary Magnolia LNG Holdings. Magnolia LNG is an 8 million tonnes per annum (mtpa) LNG export business that

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Tidewater and TransAlta to Sell Pioneer Pipeline to NOVA Gas Transmission

June 22, 2020

Tidewater Midstream and Infrastructure and its partner TransAlta have signed a definitive agreement with TC Energy’s subsidiary NOVA Gas Transmission (NGTL) to sell the Pioneer Pipeline for $255 million. Located within Alberta, the pipeline runs from west of Drayton Valley

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Trump Administration Asks Supreme Court to Review Keystone Pipeline Ruling

June 22, 2020

The Trump administration has asked the U.S. Supreme Court to overturn a federal judge’s decision and grant a permit to allow the construction of the Keystone XL pipeline to continue. The 1,200-mile pipeline from Alberta, Canada, to Nebraska has been

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BLM Eases Requirements for Oil and Gas Royalty Relief

June 22, 2020

The Bureau of Land Management (BLM) has changed its guidance for companies that want to see their royalty payments for oil and gas leases reduced, lessening the requirements for what companies need to prove in order to get the rate

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API: U.S. Petroleum Demand Recovered in May

June 22, 2020

A major oil and gas industry group said Thursday that demand for petroleum, which fell earlier this year amid the coronavirus pandemic, increased by 14 percent last month over demand in April. In May, petroleum demand increased by about 2

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Urbint Raises $20M for Development of AI-powered Prediction, Threat Prevention Technology

June 22, 2020

Thanks to investments from Energy Impact Partners, Piva, Salesforce Ventures, and National Grid Partners, Urbint has raised $20 million to further technology capable of predicting and preventing threats to energy infrastructure and worker safety. “A few years ago, we saw

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Shale Producers Starting to Turn the Taps Back On

June 19, 2020

U.S. shale producers are expected to restore roughly half a million barrels per day (bpd) of crude output by the end of June, according to crude buyers and analysts, amounting to a quarter of what they shut since the coronavirus

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BLM to Offer Parcels from Postponed May Auction in August

June 19, 2020

Ninety-four parcels of federal public land in New Mexico and West Texas that were offered in the Bureau of Land Management’s May oil and gas lease sale postponed due to the COVID-19 pandemic were added to the BLM’s August lease

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ConocoPhillips to Resume Normal Production on Alaska’s North Slope in July

June 19, 2020

ConocoPhillips plans to resume normal production operations on Alaska’s North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil. Natalie Lowman, a spokesperson for ConocoPhillips

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