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

Foreign Buyers Eye Struggling Texas Oil Firms

May 22, 2020

Plunging prices have wreaked havoc on Texas oil companies struggling to avoid a wave of bankruptcies that has ravished the industry during the past five years, leaving them ripe takeover targets for rivals from China and elsewhere. Ninety-eight exploration and

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National Carbon Capture Center Expands Testing of Carbon Capture for Negative Carbon Technologies

May 21, 2020

Strengthening its commitment to energy innovation, Southern Company, in partnership with the U.S. Department of Energy (DOE), has launched an expanded focus for the National Carbon Capture Center. The center’s future scope of work for DOE, its National Energy Technology

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GPA Midstream Association and GPSA Present Service Awards to Dedicated Volunteers

May 21, 2020

The GPA Midstream Association and affiliated GPSA midstream suppliers association recognized several individuals with distinguished service awards. “GPA Midstream is a member-driven organization with a small professional staff, so we depend heavily on volunteers,” said GPA Midstream President and CEO

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AlefEdge and Trilogy Partner for Rural Cloud Initiative Bringing the Edge to Oil & Gas Operations

May 21, 2020

AlefEdge is joining the Rural Cloud Initiative (RCI) as an Edge Innovation Partner. Founded by Trilogy Networks, RCI is a coalition of rural telecom operators and technology providers committed to promoting and accelerating the digital transformation of rural America. By

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Encamp Secures $3.1 Million in Series A Funding to Fuel Product Development

May 21, 2020

Encamp has raised $3.1 million in Series A funding, led by Allos Ventures and High Alpha Capital, with participation from IU Ventures. Funds will be used to expand the development of the Encamp platform. Along with their investment, David Kerr,

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Alliant Energy Opens West Riverside Energy Center, Wisconsin

May 20, 2020

The newly built West Riverside Energy Center near Beloit, Wis., is officially putting into service its 730-megawatt, combined-cycle, natural gas system, generating energy for customers of Alliant Energy. “We are proud to put our West Riverside Energy Center into service

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DOI and BOEM Issues New Offshore Air Quality Regulations

May 20, 2020

In support of President Donald Trump’s America-First Offshore Energy Strategy, the Department of the Interior (Department) and the Bureau of Ocean Energy Management (BOEM) today announced a final rule to update air quality regulations for applicable BOEM activities in the

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Energy Secretary Accuses Banks of Redlining Oil and Gas Industry

May 20, 2020

Energy Secretary Dan Brouillette is accusing major U.S. banks of discriminating against the oil and gas industry, comparing their refusal to finance Arctic drilling projects to tactics used to prevent minorities from buying homes. In an interview with Axios published

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NextDecade Delays FID on Rio Grande LNG Until 2021

May 20, 2020

A final investment decision on NextDecade’s proposed Rio Grande LNG export facility in Brownsville, Texas, has been delayed until next year amid challenging market conditions, the developer said Monday. In a statement, regulatory filing and accompanying investor presentation, the company

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New York Denies Williams’ Water Permit for Its Northeast Supply Enhancement Project

May 20, 2020

Williams Cos. said it won’t refile state applications for a contentious $1 billion natural gas pipeline after New York again denied the project a key permit. The state’s Department of Environmental Conservation on Friday rejected Williams’ latest application for a

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