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Offshore Drilling Ban Poised to Pass Oregon Legislature
February 5, 2019
Oregon is poised to permanently ban offshore drilling, and to prohibit any drilling infrastructure from crossing state waters. A Senate committee heard testimony Tuesday on Senate Bill 256, which would make permanent an existing 10-year drilling moratorium, which is set
Montana/Dakota BLM Releases Notices for Oil and Gas Lease Sale
February 4, 2019
The Bureau of Land Management (BLM)‘s Montana/Dakotas State Office today released the March 2019 Notice of Competitive oil and gas lease sale list, which includes 305 parcels totaling about 167,113 acres. The sale is scheduled to occur online at energynet.com
Crimson Midstream and MPLX Extend Binding Open Season for Swordfish Pipeline
February 4, 2019
Crimson Midstream, LLC and MPLX LP today announced an extension to the binding open season on the Swordfish Pipeline to align with the recently announced binding open season by Capline Pipeline Company LLC. Additionally, the Louisiana Offshore Oil Port (LOOP)
Sempra Energy Secures Final EIS from FERC for Port Arthur LNG Project, Texas
February 4, 2019
Sempra Energy has been issued the final environmental impact statement (FEIS) from the US federal energy regulatory commission (FERC) for its Port Arthur LNG natural gas liquefaction-export project (Port Arthur LNG Project) in southeast Texas. Along with the Port Arthur
Chevron to Acquire Petrobras’ Pasadena Refining System for $350 Million
February 4, 2019
Chevron’s subsidiary Chevron U.S.A. (CUSA) has agreed to acquire the Pasadena Refining System from Petrobras America, a subsidiary of Brazilian national oil company Petrobras, for $350m. The Texas-based Pasadena Refining System is an independent refiner and marketer of petroleum products.
Blackstone to Acquire Controlling Interest in Tallgrass Energy for $3.3 Billion
February 1, 2019
Tallgrass Energy (TGE) and Blackstone’s affiliates of Blackstone Infrastructure Partners (BIP) have entered into a definitive agreement with affiliates of Kelso & Co., The Energy & Minerals Group, and Tallgrass to acquire 100 percent of the membership interests in TGE’s
TechnipFMC Awarded EPC Contract for ExxonMobil Refinery Expansion Project, Texas
February 1, 2019
TechnipFMC has been awarded a large reimbursable contract by ExxonMobil for detailed engineering, procurement, and construction for the crude expansion project in Beaumont, Texas. The awarded scope covers the addition of four new units – atmospheric pipe still, kerosene hydrotreater,
ExxonMobil Breaks Ground on New Crude Unit at Beaumont Refinery, Texas
January 31, 2019
ExxonMobil has broken ground on a new unit at its Beaumont Refinery in Texas, US that will boost its crude refining capacity by more than 65 percent. Construction on the third crude unit at the Beaumont refinery follows the company’s
Ridgemont and Hatch Resources Partner to Invest in Oil and Gas Assets in Permian Basin
January 31, 2019
Hatch Resources, a newly formed oil and gas exploration and production company based in Austin, TX, and Ridgemont Equity Partners, a middle market buyout and growth equity firm, today announced a partnership to pursue the acquisition of oil and gas
University Lands Teams with Two Water Midstream Companies, Texas
January 31, 2019
Two midstream companies and University Lands have teamed up to address water logistics needs in the growing Delaware Basin. University Lands, which oversees 2 million acres of state-owned land in West Texas, has signed a contract with H2O Midstream and
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