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Dept. of Energy to Make Strategic Petroleum Reserve Storage Capacity Available to Oil Producers
April 7, 2020
The U.S. Department of Energy (DOE) announced a solicitation to immediately make 30 million barrels of the Strategic Petroleum Reserve’s (SPR’s) oil storage capacity available to U.S. oil producers that are struggling with catastrophic financial losses due to the combined
Black Bear Transmission Acquires Enbridge’s Gas Transmission Business
April 7, 2020
Black Bear Transmission, a portfolio company of the second Basalt fund, has closed the acquisition of Ozark Gas Transmission, (OGT) and Ozark Gas Gathering (OGG) from a subsidiary of Canada-based energy infrastructure firm Enbridge. OGT owns and operates a 367-mile
Cryopeak Begins Construction on New LNG Production Facility, Canada
April 7, 2020
Canadian LNG distributor Cryopeak LNG Solutions has commenced construction on new liquefied natural gas (LNG) production facility in Canada. Located in Fort Nelson, British Columbia, the project is capable of producing approximately 90,000 gallons of LNG per day. Claimed to
Canada Looks to U.S. as Oil Crisis Escalates
April 7, 2020
Canada is in close contact with the United States about the oil price crash and its effect on the industry, Canada’s Deputy Prime Minister and Minister of Intergovernmental Affairs Chrystia Freeland told media. “Let me just say that this is
Oil Industry Groups Release Sustainability Reporting Guidance
April 6, 2020
Leading oil industry associations have released the latest edition of the Sustainability Reporting Guidance for the Oil and Gas industry report. This is the fourth edition of the report, which is produced by IPIECA (International Petroleum Industry Environmental Conservation Association),
Wyoming Rep. Cheney Calls to Reduce Royalty Payments for Coal, Miners, Oil and Gas Industries
April 6, 2020
Wyoming Rep. Liz Cheney joined 29 members of Congress in sending a letter to Department of the Interior Secretary David Bernhardt calling on suspending or reducing federal royalty payments for coal, soda ash, oil, gas and other minerals to the
Wyoming Mineral, Oil and Gas Industries Urge Gov. to Deem Work Essential in Event of Shelter Order
April 6, 2020
Wyoming’s mineral industries have asked Gov. Mark Gordon to consider mining and drilling operations “essential” activities in anticipation of further potential business restrictions during the coronavirus pandemic. The Petroleum Association of Wyoming, along with the Wyoming Mining Association, urged the
NERC Argues for Greater Coordination and Review of Emergency Response Plans Nationwide
April 6, 2020
In its GridEx V after-action report, released this week, the North American Electric Reliability Corporation (NERC) recommended that all utilities and reliability coordinators review their emergency response plans and push collaboration with governments, with an eye on grid security. The
Industry Veterans Form New Company Tatanka Midstream, Secures an Initial $500 Million from EnCap
April 3, 2020
Industry Veterans have formed a new company, Tatanka Midstream, with an initial capital commitment of $500 million from EnCap Flatrock Midstream. Tatanka is an independent energy company focused on acquiring and building midstream assets in North America. Tatanka’s goal is
ExxonMobil Joins With Global Center to Expedite Medical Innovation for Personal Protective Equipment
April 3, 2020
ExxonMobil and the Global Center for Medical Innovation (GCMI) said that they have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are
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