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Hess to Invest $2.1 Billion in Oil Exploration and Production
February 5, 2018
Hess has announced its plan to invest $2.1bn in exploration activities this year, with a major focus on Bakken and Guyana. The firm intends to allocate increased budget to continue exploration and development activities offshore Guyana and for the Bakken
Four EPC Contractors Shortlisted for FEED Work on Kwispaa LNG Project, Canada
February 5, 2018
Steelhead LNG and Huu-ay-aht First Nations have shortlisted four engineering, procurement and construction (EPC) contractors to complete front-end engineering and design (FEED) work on the proposed Kwispaa LNG project in Canada. Located on the west coast of Vancouver Island, British
Trump’s Monuments Rollback Takes Effect, Allows New Mining and Drilling Claims, Utah
February 5, 2018
President Trump’s rollback of the Bears Ears and Grand Staircase-Escalante national monuments in Utah become official Friday, allowing private citizens and companies to make new oil, natural gas, and drilling claims. Trump on Dec. 4 signed a proclamation cutting Bears
U.S. Oil Production Hits Historic Milestone
February 1, 2018
U.S. oil production hit a historic milestone, pulling more than 10 million barrels per day out of the ground last November, according to the latest federal data. The U.S. Energy Information Administration reported Wednesday that crude production hit 10.038 million
Enterprise and Navigator to Build Ethylene Export Facility on U.S. Gulf Coast
February 1, 2018
Enterprise Products Partners, a US-based midstream company and UK shipping company Navigator Gas have formed a 50/50 joint venture to build a new ethylene export facility along the US Gulf Coast. The export facility will have the capacity to export
Dominion Begins Production at $4 Billion Natural Gas Liquefaction Facility, Maryland
February 1, 2018
Dominion Energy Cove Point (DECP), a unit of Dominion Energy said that its $4bn natural gas liquefaction facility in Maryland, US has started producing liquefied natural gas (LNG). In December 2017, DECP had introduced feed gas into the natural gas
Large Oil and Gas Project Edges Forward in Converse County, Wyoming
January 30, 2018
The Bureau of Land Management released an environmental study on Friday for a 5,000-well oil and gas project in Converse County. Five major players in Wyoming industry proposed the joint project, which would cover 1.5 million acres, just north of
West Virginia and North Carolina Approve Permits for $5.1 Billion Atlantic Coast Pipeline
January 30, 2018
The North Carolina Department of Environmental Quality issued a 401 water quality certification on Friday that is required for the Atlantic Coast Pipeline project to move forward in North Carolina. Projects that will impact wetlands, buffers or waterways must obtain
Alaska Gasline Development Seeking Investments for $43 Billion Alaska LNG Project
January 30, 2018
The state-owned Alaska Gasline Development Corp. will begin soliciting equity investments by mid-year in the proposed $43 billion Alaska LNG Project, officials of the corporation told state legislators in briefings last week. An initial offering will be aimed at raising
Total to Acquire Samson’s Stake in Anchor Discovery, Gulf of Mexico
January 29, 2018
Total is set to foray into the Anchor discovery, in deepwater Gulf of Mexico (GoM), US by acquiring a stake of 12.5 percent from Tulsa-based Samson Energy. The French oil and gas major, in this connection has agreed to acquire
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