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

University of Wyoming’s $8 Million Grant to Support Enhanced Hydraulic Fracking Research

August 13, 2019

An $8 million grant from the United States Department of Energy will support University of Wyoming researchers working on hydrocarbon gas technology. The funding will allow researchers “to field test a foam-assisted hydrocarbon gas injection technology that could ultimately recover

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Montana/Dakotas BLM Brings in Over $1.6 Million in Oil and Gas Lease Auction

August 13, 2019

Nearly half the bid and rental receipts from lease sales go to the states to directly support public education, infrastructure improvements and other state-determined priorities The Bureau of Land Management (BLM) Montana/Dakotas raised $1.6 Million in its quarterly oil and

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Eagle Automation Acquires Texas Energy Control Products

August 13, 2019

Eagle Automation, an automation and measurement solutions provider, announced the acquisition of Texas Energy Control Products, (TECP), a control panel fabricator and distributor of automation and measurement products and related assembly, operating across Texas and Oklahoma. The acquisition is expected

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Inter Pipeline Secures Commercial Support for $100 Million Viking Connector, Alberta

August 12, 2019

Canada-based petroleum transportation and infrastructure partnership Inter Pipeline has secured commercial support for the construction of a $100 million pipeline connection between its Bow River and Central Alberta pipeline systems. The new pipeline named Viking Connector is expected to connect

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Murphy Oil Approves Three Deepwater Gulf of Mexico Projects

August 12, 2019

US-based petroleum and natural gas exploration company Murphy Oil has approved three additional projects in the Gulf of Mexico. The first of the approved projects is the King’s Quay floating production system (FPS) facility. Anchored by the Khaleesi/Mormont and Samurai

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PennEast Resubmits Freshwater Wetlands Permit for New Pipeline Construction, Pa.

August 12, 2019

PennEast Pipeline on Thursday resubmitted its application for a needed permit from the New Jersey Department of Environmental Protection, which had rejected its original filing as incomplete in February 2018. The consortium of natural gas companies hopes to begin construction

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Energy Department Invests $40 Million in Enhanced Oil Recovery

August 9, 2019

The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) selected five projects to receive approximately $39.9 million in federal funding for cost-shared research and development projects under funding opportunity announcement (FOA), Advanced Technologies for Enhanced Oil Recovery. DOE

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Occidental Petroleum Completes Acquisition of Anadarko for $55 Billion

August 9, 2019

Occidental Petroleum Corporation has completed its acquisition of Anadarko Petroleum Corporation in a transaction valued at $55 billion, including the assumption of Anadarko’s debt. “With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate

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Altus Midstream Acquires Stake in Enterprise’s Shin Oak Pipeline

August 9, 2019

Enterprise Products Partners and Altus Midstream Company has closed on Altus’ acquisition of a 33 percent equity interest in the Enterprise subsidiary that owns the Shin Oak natural gas liquids (NGL) pipeline. The 658-mile Shin Oak Pipeline transports growing NGL

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NGL Energy Partners to Sell Its Southeast Refined Products Assets for $300 Million

August 9, 2019

NGL Energy Partners has signed a definitive agreement to sell TransMontaigne Product Services (TPSL) and associated assets to a strategic buyer with substantial assets for estimated proceeds of approximately $300 million. The divested assets include: • TPSL terminaling services agreement

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