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ORIX Capital Partners Acquires Specialty Welding and Turnarounds
February 5, 2020
ORIX Capital Partners (OCP) has acquired majority interest in Specialty Welding and Turnarounds (SWAT), a leading provider of specialty welding and other highly technical turnaround services to the oil and gas refinery, petrochemical and industrial markets. Headquartered in Gonzales, Louisiana,
Enterprise Wins Favorable Appeal Ruling from Texas Supreme Court
February 5, 2020
Enterprise Products Partners has prevailed in its appeal against Energy Transfer Partners in the Supreme Court of Texas. This appeal stems from a 2014 Dallas jury verdict against Enterprise in a lawsuit filed by Energy Transfer over a proposed pipeline
Seaport Global and Gordian Group Form New JV, Seaport Gordian Energy
February 5, 2020
Seaport Global Holdings and Gordian Group have created Seaport Gordian Energy, a new joint venture focused on providing an array of superior investment banking services to the energy restructuring arena. “Gordian Group’s impressive financial restructuring and distressed M&A practice is
Minnesota Approves Revised FEIS of Enbridge’s Line 3 Replacement Project
February 4, 2020
Enbridge is set to move forward with the US part of the Line 3 Replacement Project after the Minnesota Public Utilities Commission (MPUC) approved its revised final environmental impact statement (FEIS). The MPUC voted 3-1 in favor of the second
PBF Energy Acquires Shell’s Martinez Refinery for $1.2 Billion, California
February 4, 2020
Equilon Enterprises, doing business as Shell Oil Products US, has completed the $1.2 billion sale of the Martinez Refinery and associated logistics assets to PBF Energy’s subsidiary PBF Holding in California, US. Crude supply and product offtake agreements were also
Sandia Develops Potential Water Use Reduction, Efficiency Measures for Power Plants
February 4, 2020
Looking to reduce electricity production’s water consumption, researchers at Sandia National Laboratory have created a new system of analysis to identify how much power plants save through wet cooling systems and an air cooling system to make those without more
Nuverra Successfully Pilots Ondiflo Blockchain Automation of Field Service Delivery
February 4, 2020
Nuverra Environmental Solutions today announced the successful completion of its 2000th field ticket for its operators in the Marcellus and Utica basins leveraging Ondiflo, a blockchain platform for the oil and gas industry. By leveraging the Ondiflo platform for the
Oil and Gas Associations Form Partnership to Promote Industry in North America
February 3, 2020
Three international oil and gas organizations signed an agreement to strengthen their working relationship to advance operational performance of the industry across North America. The partnership involves the International Association of Oil & Gas Producers (IOGP), the American Petroleum Institute
Stalled PennEast Pipeline Gets Backing from FERC
February 3, 2020
A controversial $1 billion shale gas pipeline that’s been stalled by a dispute over whether it can seize state-owned land for construction won the backing of the nation’s top energy regulator. PennEast had sought the support of the Federal Energy
W. Va. Lawmakers Pass Bill to Reduce Permit Time for Drilling Permits
February 3, 2020
West Virginia lawmakers are moving forward with a bill to promote fracking in West Virginia. House Bill 4091, sponsored by Del. Bill Anderson, R-Wood, has passed the House of Delegates and, on Thursday, the Senate Energy, Industry and Mining Committee.
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