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

Sasol Reaches Beneficial Operation at Lake Charles Ethane Cracker Facility, Louisiana

August 30, 2019

Sasol said its world-scale U.S. Ethane Cracker reached beneficial operation on August 27, 2019. Sasol’s new Cracker, the heart of its Lake Charles Chemicals Project (LCCP), is the third and most significant of the seven LCCP facilities to come online

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Charah Solutions Awarded Event-Free Safety Award from Duke Energy in Florida

August 30, 2019

Charah® Solutions, a leading provider of environmental and maintenance services to the power generation industry, received a prestigious award from Duke Energy for its outstanding record of employee safety at the Crystal River Energy Complex in Citrus Country, Florida. The

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Schneider Electric Strengthens Partnership with College of Southern Nevada with Donation

August 30, 2019

Schneider Electric has provided a $100,000 donation to the College of Southern Nevada (CSN) Foundation, contributing to a $3 million challenge match issued by the Engelstad Family Foundation, to support the new CSN and Nevada State College Engelstad Health Sciences

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BP to Sell Its Alaska Upstream and Midstream Operations to Hilcorp for $5.6 Billion

August 29, 2019

Oil and gas giant BP has agreed to sell its entire upstream and midstream business in the US state of Alaska to Hilcorp Alaska for $5.6 billion. The sale includes BP Exploration (Alaska), which holds the company’s upstream oil and

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Nebraska Court Approves Alternate Route of TC Energy’s Keystone XL Pipeline Project

August 29, 2019

The Nebraska Supreme Court has affirmed an approval made by Nebraska Public Service Commission (Nebraska Public Service PSC) pertaining to the alternate route of TC Energy’s Keystone XL Pipeline project through Nebraska, US. The Keystone XL Pipeline is a proposed

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PDC Energy to Acquire SRC Energy for $1.7 Billion

August 29, 2019

PDC Energy has agreed to acquire rival US oil and gas company SRC Energy for about $1.7 billion in an all-stock transaction to create a premier mid-cap operator with peer-leading cost structure and free cash flow profile. The total consideration

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TechnipFMC to Spin Off Its Engineering and Construction Business

August 29, 2019

Oil services provider TechnipFMC is set to spin off its engineering and construction (E&C) division into a separate firm to capitalize on the global energy transition while enhancing value creation. TechnipFMC will split its current business into two separate publicly

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DGOC Acquires Natural Gas Gathering Systems in Pennsylvania and West Virginia

August 29, 2019

Diversified Gas & Oil PLC, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, is pleased to announce that it has entered into binding agreements to acquire two separate

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ExxonMobil and Mosaic Materials to Explore New Carbon Capture Technology

August 28, 2019

ExxonMobil and Mosaic Materials have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from emissions sources. Mosaic Materials has progressed research on a unique process that uses porous solids, known as metal-organic

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ConocoPhillips to Sell Its United Kingdom Oil and Gas Subsidiaries to Chrysaor for $2.675 Billion

August 28, 2019

ConocoPhillips has entered into an agreement to sell two ConocoPhillips United Kingdom (U.K.) subsidiaries to Chrysaor E&P Limited for $2.675 billion, plus interest and customary adjustments. Together, the subsidiaries indirectly hold the company’s exploration and production assets in the U.K.,

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