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

Noble Midstream Secures $200 Million for Development of EPIC Crude Pipeline

April 3, 2019

Noble Midstream Partners has secured a $200 million equity commitment (preferred equity) from Global Infrastructure Partners Capital Solutions Fund (GIP) to fund capital contributions to Dos Rios Crude Intermediate LLC, a newly-formed subsidiary holding Noble Midstream’s 30 percent equity interest

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Chevron Australia Begins Gas Supply from Wheatstone LNG Facility

April 2, 2019

Chevron Australia has started gas deliveries from the domestic gas plant of the $34 billion Wheatstone LNG facility in the Pilbara region in Western Australia. The Wheatstone LNG facility, which primarily features two liquefied natural gas (LNG) trains, has a

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President Trump Issues New Permit to Allow Keystone XL Pipeline Project to Move Forward

April 2, 2019

American President Donald Trump has issued a new permit to allow TransCanada to move ahead with the construction of the $8 billion Keystone XL pipeline project, which so far has been facing hurdles on environmental grounds. The new Presidential Permit

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Mirage Secures $1.2 Billion for Concho/Progreso Project, Mexico

April 2, 2019

Mirage Energy has proposed to sell its 100 percent participating interest in its $1.2 billion Concho/Progreso project to France-incorporated Organization Mondiale De development (OMD). The Concho/Progreso project comprises a US-Mexico pipeline system that will span around 413km, and a natural

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Petroteq Energy Achieves Record Production at Oil Sands Project

April 2, 2019

Petroteq Energy, a fully integrated oil and gas company, is proud to announce that it is has been continuously producing in excess of 500 barrels a day for the last two weeks. This is a significant milestone as the company

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North America to Account for 72% of LNG Growth Between 2019 and 2023

April 1, 2019

Global LNG growth will be driven primarily by North America over the next four years, according to GlobalData, with the US pioneering natural gas. North America will be the key driver of global LNG growth over the next four years,

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First Reserve and SK Holdings to Invest $300 Million in Blue Racer Midstream

April 1, 2019

First Reserve has signed an agreement with SK Holdings, for an investment of $300 million into a fully integrated midstream company Blue Racer Midstream. In December 2018, First Reserve has acquired a 50 percent interest Blue Racer Midstream, which holds

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Nuevo Midstream Dos to Acquire Republic Midstream to Expand Services in Eagle Ford Shale

March 29, 2019

Nuevo Midstream Dos has entered into a definitive agreement with an affiliate of ArcLight Capital Partners to acquire Republic Midstream. Republic Midstream owns and operates a crude oil gathering, storage, and intermediate transportation system in the Eagle Ford Shale. The

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Williams Launches Open Season for Regional Energy Access Expansion

March 29, 2019

Williams said it is initiating a binding open season from March 8 to April 8, 2019, for Regional Energy Access, an incremental expansion of the Transco interstate pipeline to provide firm natural gas transportation capacity to markets in the northeastern

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Pin Oak Energy Acquires Midstream Assets in North-Central Pennsylvania

March 29, 2019

“The last 6 months have been very busy for Pin Oak. We have closed numerous smaller deals in addition to the transactions for SGG and the assets in Elk County. The Elk County deal provides a direct line of sight

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