Oil, Gas and Shale
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Army Corps of Engineers Gives Approval for Pikka Development Project, Alaska

May 28, 2019

The US Army Corps of Engineers (USACE) has given a key approval for the Pikka Development Project on Alaska’s North Slope Oil Search has received permit and Record of Decision (ROD) from the US Army Corps of Engineers (USACE) for

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Columbia Gas of Maryland Seeks Approval to Replace Ageing Infrastructure

May 28, 2019

If the request by Columbia Gas of Maryland with the PSC is approved, will result in $29.7 million investment for replacing pipeline infrastructure in the state Columbia Gas of Maryland, a subsidiary of US utilities company NiSource, has filed a

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New York Deals Critical Blow to Williams’ $1 Billion Shale Gas Pipeline

May 28, 2019

New York denied a key permit for a $1 billion Williams Cos. shale gas pipeline, dealing a critical blow to a project that would shuttle fuel to customers in New York City and Long Island. The New York State Department

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ExxonMobil’s Permian Development to Provide $64 Billion in Benefits to New Mexico

May 24, 2019

ExxonMobil said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new

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Argan Enters EPC Contract for Harrison County Gas-fired Power Project, W. Va.

May 24, 2019

Argan’s wholly owned subsidiary, Gemma Power Systems, recently entered into an engineering, procurement, and construction services contract with ESC Harrison County Power, LLC to construct a 625 MW natural gas-fired power plant in Harrison County, West Virginia. Harrison County Power

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U.S. Shale Oil Production Set to Grow 16% this Year

May 23, 2019

US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million barrels per day (bpd), or 16

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Roundtable Discussion Held About Energy Development in Appalachian Region

May 23, 2019

U.S. Department of Energy (DOE) Under Secretary Mark W. Menezes recently participated in a roundtable discussion with Pennsylvania lawmakers on economic development in the Appalachian region, toured the Shell Ethylene Cracker Plant and participated in an industry roundtable with the

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American Petroleum Institute: Flexible US LNG Contracts Driving Global Spot Market Growth

May 23, 2019

Flexible US LNG contracts are helping to create a global, commoditized spot market and transforming project financing models, according to US oil and gas trade body the American Petroleum Institute. The US could become the world’s third largest LNG exporter

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Five Point Energy Sells Minority Stake in WaterBridge Resources to GIC for $2.8 Billion

May 23, 2019

Transaction values the Houston-based water midstream company at around $2.8 billion. Five Point Energy has offloaded a minority stake in Texas-based water midstream company WaterBridge Resources to affiliates of Singaporean sovereign wealth fund GIC. The stake acquisition by GIC, which

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Sintavia Enters Joint Venture with Howco Group for Development of Additive Manufacturing

May 22, 2019

Sintavia has signed a term sheet to form a joint venture with Howco Group in support of the development of additive manufacturing within the oil and gas industry. The joint venture would be branded under the Howco Group name and

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