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MPLX to Acquire Andeavor Logistics for $9 Billion
May 13, 2019
Marathon Petroleum (MPC) announced that its two master limited partnerships (MLP) MPLX LP and Andeavor Logistics (ANDX) will be merged in a transaction with an estimated equity value of $9 billion. The merger is expected to create a large-scale, diversified
Tallgrass Energy Launches Open Season for Pony Express Pipeline Expansion, Colorado
May 10, 2019
Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline, will start a new project to support crude oil production in northern Weld County, Colorado, near the border between Wyoming and Colorado. The Hereford Project will include approximately 30 miles of
Southwestern Energy Helps Restore West Virginia’s Cheat River
May 10, 2019
Southwestern Energy Company has successfully completed the West Virginia Department of Environmental Protection’s (WV DEP) Cheat River’s Muddy Creek watershed restoration project. This was made possible by an innovative partnership between Southwestern Energy and the WV DEP. Muddy Creek was
Energy Transfer and Phillips 66 Launch Open Season for Bayou Bridge Pipeline System
May 10, 2019
Energy Transfer and Phillips 66 Partners said Bayou Bridge Pipeline, LLC (Bayou Bridge) launched a non-binding expansion open season to solicit shipper interest for expanded joint tariff transportation service received from certain connecting carriers onto the Bayou Bridge Pipeline System.
Venture Global Receives EIS Approval from FERC for Its $8.5 Billion Plaquemines LNG Project
May 9, 2019
Venture Global LNG has secured Environmental Impact Statement (EIS) from the US Federal Energy Regulatory Commission (FERC) for its $8.5 billion Plaquemines LNG facility in Plaquemines Parish, Louisiana. The FERC has issued the EIS for Venture Global’s 20 million tons
Piedmont Chooses Matrix to Build New LNG Facility, North Carolina
May 9, 2019
Piedmont Natural Gas, a subsidiary of Duke Energy, has selected Matrix Service, a subsidiary of Matrix Service Company, to build its liquefied natural gas (LNG) facility in Robeson County, North Carolina. The new facility is expected to have one billion-cubic-foot
Ventana Exploration and Production Expands in Oklahoma
May 9, 2019
Ventana Exploration and Production II (VEP II) recently received a new round of equity capital from an affiliate of Starwood Capital Group (Starwood), Equity Group Investments (EGI), and the Virginia Tech Foundation. Ventana (VEP II together with its predecessor VEP
Oregon DEQ Denies Key Permit for Pembina’s Jordan Cove LNG Project
May 9, 2019
The Oregon Department of Environmental Quality (DEQ) has denied a Clean Water Act permit for the Pembina’s proposed Jordan Cove LNG project. The Jordan Cove Project involves construction of a LNG export terminal in Coos County, Oregon, and a pipeline
HYTORC Receives Spotlight on New Technology™ Small Business Award at Offshore Technology Conference
May 8, 2019
HYTORC received a Spotlight on New Technology™ Small Business Award during the 2019 Offshore Technology Conference at NRG Park in Houston. HYTORC won the award for its LITHIUM SERIES® II Tool, a ground-breaking innovation with TorcSense™ Technology, an all-new method
Appalachian Basin’s Methane Emissions Fall Despite Increase in Gas Production
May 7, 2019
Two new reports have put some wind in the sails of the oil and gas industry at a time when Pennsylvania is trying to tighten the rules on methane emissions. The reports show a dramatic decline in methane emissions even
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