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Chevron Sanctions Anchor Project in Deepwater Gulf of Mexico
December 13, 2019
Chevron Corporation has sanctioned the Anchor project in the U.S. Gulf of Mexico. This marks the industry’s first deepwater high-pressure development to achieve a final investment decision. Delivery of the new technology, which is capable of handling pressures of 20,000
Primus Commissions FEED Study for New GTL Plant, Texas
December 13, 2019
Primus Green Energy along with a global petrochemical company as a joint venture partner, has commissioned a front end engineering and design (FEED) study with IHI E&C International Corporation (IHI E&C) for a first of its kind natural gas-to-gasoline plant
Enbridge and Enterprise to Develop Offshore Crude Oil Export Terminal, Gulf of Mexico
December 12, 2019
Enbridge and Enterprise Products have signed an agreement to jointly build an offshore crude oil export terminal in the Gulf of Mexico. The companies have agreed to develop Enterprise’s proposed Sea Port Oil Terminal (SPOT) that will be able to
Devon Energy and Dow to Develop STACK Acreage, Oklahoma
December 12, 2019
US-based companies Devon Energy and Dow have partnered to develop some of Devon’s STACK acreage in central Oklahoma, US. Under the agreement, Devon will monetize half of its working interest in 133 undrilled locations in exchange for about a $100
Talos Energy Signs $640 Million Acquisition Deal to Expand Portfolio in Gulf of Mexico
December 12, 2019
Talos Energy has signed deals to acquire a portfolio of producing assets, exploration prospects and acreage in the US Gulf of Mexico. The US-based oil and gas company has entered into asset acquisition agreements worth $640 million with ILX Holdings,
Chesapeake Utilities to Acquire Elkton Gas from South Jersey Industries
December 12, 2019
US-based energy company Chesapeake Utilities has agreed to acquire Elkton Gas from an energy services company, South Jersey Industries (SJI) for an undisclosed amount. Upon completion of the deal, Elkton Gas, which delivers safe, reliable and affordable natural gas to
Antero Resources to Sell $1 Billion Appalachian Assets to Reduce Debt
December 12, 2019
Antero Resources has announced plans to sell asset worth $750 million to $1 billionn in 2020 in order to reduce debt. As part of the plan, Antero has initiated sale of $100 million of AM shares to Antero Midstream, which
Tallgrass Energy Launches Open Season for Transportation on Pony Express Pipeline
December 11, 2019
Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline, has launched a binding open season soliciting shipper commitments for crude oil transportation from Pony Express’ Sterling origin to destinations in Cushing, Oklahoma, in exchange for volume incentive tariff rates. The
ExxonMobil Responds to Verdict in Suit by New York Attorney General
December 11, 2019
ExxonMobil issued the following statement in response to the verdict from the Supreme Court of the State of New York: “Today’s ruling affirms the position ExxonMobil has held throughout the New York Attorney General’s baseless investigation. We provided our investors
EPIC Crude Loads First Shipment of Crude Oil for Export at IGC Marine Terminal, Texas
December 11, 2019
EPIC Crude Holdings’ subsidiary has loaded and launched the first shipment of crude oil from the IGC marine terminal located on the Inner Harbor of the Corpus Christi Ship Channel. The IGC terminal, formerly the International Grain Port Terminal, was
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