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Indianola Energy Receives $100 Million Equity Commitment to Pursue New Upstream Strategy
August 21, 2019
Indianola Energy has received a $100 million equity commitment from members of the management team and Kayne Anderson Energy Fund VIII, a fund managed by Kayne Anderson Capital Advisors. Indianola is being formed to pursue a new upstream strategy designed
CSL Capital Management Forms CSL Ventures for the Energy Industry
August 21, 2019
CSL Capital Management has formed CSL Ventures, a new investment initiative focused on early stage and technology-focused opportunities across the energy services industry. The new strategy will be part of the firm’s latest fund CSL Energy Opportunities Fund III. The
North Dakota’s Bakken Shale Natural Gas Output Rises to New Record
August 20, 2019
North Dakota’s Bakken Shale natural gas output rose to a new record, but so did flaring, as pipeline and processing outages caused producers to burn off nearly 700 MMcf/d, the latest state data showed. As North Dakota oil production reached
Husky to Resume Full Production at White Rose Field, Offshore Canada
August 20, 2019
Husky Energy is planning to resume production from the remaining two drill centers at the White Rose field following the November 2018 oil spill offshore Newfoundland and Labrador. The restart of production at the White Rose field follows an extensive
Rick Perry: Fossil Fuels Combined with Modern Technology will Jump-start Ohio Valley
August 20, 2019
Rick Perry can barely contain his enthusiasm. “It’s a great time to be an American,” the energy secretary and former Texas governor declares. “We’re the number one oil and gas producing country in the world. We’re delivering our liquefied natural
NuStar Energy Receives First Shipment of Long-haul Permian Crude Oil
August 20, 2019
NuStar Energy announced that it has received its first shipment of Permian crude at its Corpus Christi North Beach Terminal, and that the terminal will load the first cargo of the long-haul Permian crude onto a ship for export this
Kinder Morgan to Invest $170 Million in Houston Ship Channel Facilities
August 19, 2019
Kinder Morgan (KMI), a US-based energy infrastructure company, has announced its plans on a series of projects intended to increase efficiency, add product liquidity, and enhance blending capabilities at Houston Ship Channel facilities. The new projects at Pasadena and Galena
Crestwood Starts Commercial Operations at Bear Den II Processing Plant, North Dakota
August 19, 2019
Arrow gathering and processing system is engaged in gathering crude oil, natural gas, and produced water on the Fort Berthold Indian Reservation in McKenzie and Dunn counties, North Dakota, US Pipeline sunset. Crestwood Equity Partners, a US-based midstream assets owner
Colorado Launches First-of-its-kind Oil and Gas Department as Tensions Flare Over Energy Future
August 19, 2019
As cities and counties around Colorado continue revamping their regulations for energy extraction — with more than half a dozen communities already having suspended drilling while they do so — Weld County is making it loud and clear that it
Trafigura and Buckeye Receive First Deliveries of Crude Oil From New Permian Pipeline Construction
August 16, 2019
Trafigura Trading and Buckeye Partners said Trafigura has received its first delivery of Permian crude oil from Plains All American’s Cactus II pipeline at the Buckeye Texas Partners terminal in Corpus Christi, Texas. Trafigura and Buckeye have worked together to
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