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TransCanada’s Coastal GasLink Pipeline Project Secures Backing of First Nations
September 20, 2018
TransCanada’s Coastal Gaslink Pipeline Project has signed community and project pacts with all of the elected Indigenous bands along its pipeline route in British Columbia, Canada. These agreements, totaling 20 across the province, exemplify the strong Indigenous support received for
Texas-based Tall City Secures $500 Million Financing to Advance Projects
September 20, 2018
Tall City Exploration III announced that it has received a line of equity financing of up to $500 million from funds affiliated with Warburg Pincus. Headquartered in Midland, Texas, with additional offices in Houston, Texas, Tall City intends to pursue
Superior Drilling Products Expands Operations to Abilene, Texas
September 19, 2018
Superior Drilling Products, Inc., a designer and manufacturer of drilling tool technologies, has entered into a commercial lease related to property in Abilene, Texas to support the manufacture and repair the company’s product lines and enhance its ability to efficiently
Energy Transfer, Magellan, MPLX, and Delek to Jointly Construct Permian Gulf Coast Pipeline
September 19, 2018
Energy Transfer Partners, Magellan Midstream Partners, MPLX, and Delek US Holdings have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf
Southwestern Energy to Sell Fayetteville Shale Business for $1.865 Billion
September 19, 2018
Southwestern Energy Company has entered into a definitive agreement with Flywheel Energy, LLC, a private company backed by Kayne Private Energy Income Funds, to sell its Fayetteville Shale E&P and related midstream gathering assets for $1.865 billion in cash, subject
MATHESON Continues Strategic Expansion in Midwest with Acquisition of Weld Equipment
September 19, 2018
MATHESON has continued its strategic expansion with the acquisition of Weld Specialty Gas & Equipment, Inc., located in Milwaukee, Wisconsin. Weld Specialty Gas & Equipment was founded in 1980 and is a well-established supplier of industrial, specialty, and bulk gases,
DOE Awards Leidos/Battelle Team Research Support Contract at NETL
September 19, 2018
The United States Department of Energy has awarded the team of Leidos and Battelle a $364.7 million Research Support Services (RSS) contract at the National Energy Technology Laboratory (NETL). The award was conferred on June 25, and full operational control
Hammerhead Resources Secures $230 Million Investment Led by Riverstone to Advance Projects
September 18, 2018
Hammerhead Resources, a Canadian oil and gas producer focused on the Montney play in Alberta, has secured an equity commitment of up to C$300m ($230.25m) led by affiliates of global private investment firm Riverstone. Through the new equity investment, priced
Kosmos Energy Completes $1.2 Billion Acquisition of Deep Gulf Energy
September 18, 2018
Kosmos Energy, a Dallas-based oil and gas company, has wrapped up its $1.225bn acquisition of Deep Gulf Energy (DGE), a deepwater operator in the Gulf of Mexico, from global private equity investment firm First Reserve and other shareholders. The stock-cum-cash
Cheniere Energy Signs 15-year LNG Supply Agreement with Vitol
September 18, 2018
Cheniere Energy announced that its subsidiary Cheniere Marketing has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Vitol. Under the SPA, Vitol has agreed to purchase approximately 0.7 million tonnes per annum of LNG from
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