Oil, Gas and Shale
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NETL Assesses Value of Unconventional Shale in Central Appalachia

May 4, 2020

Virginia Tech and EnerVest Operating LLC, working out of a National Energy Technology Laboratory (NETL)-supported field lab, are continuing a drilling investigation of unconventional shale reservoirs in Central Appalachia. The effort includes drilling a casing shoe of a 15,000-foot characterization

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Venture Global Raises First Storage Tank Roof at Calcasieu Pass LNG Export Facility, Louisiana

May 4, 2020

Venture Global has announced it has raised the first liquefied natural gas (LNG) storage tank roof at its Calcasieu Pass LNG export facility in Louisiana, US. Located in Cameron Parish of Louisiana, the Calcasieu Pass LNG export facility is being

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Ameren Illinois to Begin Natural Gas Pipeline Upgrade in June

May 4, 2020

Ameren Illinois announced plans to modernize its natural gas transmission pipeline running through central and southern Illinois with work on a major line in Macon County beginning in June. Crews will arrive in the Decatur, Ill., area that month to

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Southern Company, Alabama Power Meet with Trump Officials on Keys to Economic Revival

May 4, 2020

Officials from the Southern Company and Alabama Power made several recommendations at a meeting with Trump Administration officials to help restore the nation’s economy after the COVID-19 pandemic. At the Great American Economic Revival Energy Industry Group meeting at the

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Camelback Midstream Secures $400 Million ArcLight Capital Partners

May 1, 2020

Camelback Midstream Holdings has secured a capital commitment of $400 million from an Arc Light Capital Partners managed fund and the Camelback Midstream management team. Camelback Midstream is focused on the acquisition and organic development of midstream infrastructure, including gathering,

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CNX Resources Implements Quorum Software to Drive Operational Efficiency

May 1, 2020

Quorum Software said that CNX Resources Corporation has implemented Quorum’s revenue accounting and division order software. Previously supported by a legacy production and revenue accounting application, CNX sought out a solution capable of leveraging the company’s data to increase operational

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U.S. Oil Producers Begin Storing Crude in Strategic Reserve

April 30, 2020

U.S. oil producers running out of space for storage amid an unprecedented slump in demand have started making deliveries to the nation’s emergency stockpile. This month, 1.1 million barrels have been delivered into Strategic Petroleum Reserve storage. The Energy Department

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Pioneer CEO Scott Shefffield: Permian Will Continue, But at Slower Pace

April 30, 2020

In a career that has spanned more than 30 years, Scott Sheffield has ridden the oil and gas industry’s boom and bust cycles. At Parker & Parsley, he saw prices crash below $10 in 1986. And by 2011, at Pioneer

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Energy Transfer Weighs Crude Oil Storage in Idle Pipelines

April 30, 2020

US midstream company Energy Transfer is weighing a plan to store crude in idle pipelines as shippers scramble to find available storage. The company is looking for ways to idle two pipelines in Texas by “moving product around” and use

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Trump Criticizes Banks Withholding Funding for Certain Fossil Fuel Projects

April 30, 2020

President Trump on Friday expressed opposition to banks’ unwillingness to fund certain fossil fuel projects, after two major banks announced this week that they wouldn’t directly support oil and gas drilling in the Arctic. After Sen. Dan Sullivan (R-Alaska) accused

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