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Two States Sue Interior Department for Easing Regulations on Oil, Gas, and Coal
October 24, 2017
Two states are challenging President Donald Trump’s administration’s decision to repeal a 2017 valuation rule for extracting coal, oil and natural gas from federal lands, Politico reports. California and New Mexico filed a joint lawsuit Tuesday in the U.S. District
Canada’s Cenovus to Divest Palliser Oil and Gas Assets to Torxen and Schlumberger for $1 Billion
October 23, 2017
Integrated oil firm Cenovus Energy has agreed to divest its Palliser crude oil and natural gas assets in southeastern Alberta, Canada to Torxen Energy and Schlumberger for C$1.3bn ($1bn). Under the terms of the deal, Torxen and Schlumberger will purchase
Halliburton Charity Golf Tournament Raises Millions for Nonprofit Organizations Across the U.S.
October 20, 2017
The 23rd annual Halliburton Charity Golf Tournament raised more than $2.5 million for 24 nonprofit organizations across Houston and the U.S. The tournament, held Oct. 18, has donated almost $14 million to charities over its 23-year history. More than 400
Clean Energy Fuels Breaks Ground on First CNG Fueling Station in the Bronx, New York
October 20, 2017
Clean Energy Fuels Corp., the City of New York, and community leaders broke ground on a new, state-of-the-art compressed natural gas (CNG) station in the Hunts Point section of the Bronx that will fuel multiple fleets operating across the city.
Crestwood Closes on Buy-In Option with Shell Midstream Partners in Delaware Basin, Texas
October 20, 2017
Crestwood Equity Partners has closed on the equity option agreement with Shell Midstream Partners, L.P., a master limited partnership formed by Royal Dutch Shell, to purchase a 50 percent equity interest in Crestwood Permian Basin LLC which owns the Nautilus
Chaparral Energy to Sell Its Enhanced Oil Recovery Assets in U.S.
October 19, 2017
Chaparral Energy has signed an agreement to divest its enhanced oil recovery (EOR) assets in the US to an undisclosed buyer. Under the terms of the deal, Chaparral Energy will sell the EOR assets in the North Burbank play in
Southern Company to Sell Elizabethtown Gas and Elkton Gas for $1.7 Billion
October 19, 2017
Southern Company subsidiary Southern Company Gas has agreed to divest assets of its utility operating divisions Elizabethtown Gas and Elkton Gas to South Jersey Industries for approximately $1.7bn. Under the terms of the deal, South Jersey will acquire the assets
Massachusetts Institute of Technology’s Researchers Develops New Way to Harness Wasted Methane Gas
October 19, 2017
Researchers from Massachusetts Institute of Technology (MIT) have developed a new way to capture methane gas, which is usually wasted through flaring at oil wells, for use as fuel or a chemical feedstock. The researchers have found a way to
Emerson to Acquire Oil and Gas Software Firm Paradigm for $510 Million
October 19, 2017
Emerson has signed an agreement to purchase Paradigm, which is engaged in providing software solutions for the oil and gas industry, for $510m. The acquisition is expected to expand Emerson’s software capabilities for the global oil and gas industry, making
Enbridge Receives Permit to Expand $3.3 Billion Line 67 Oil Pipeline, US-Canada Border
October 19, 2017
Enbridge has received the presidential permit in the US to build a 4.8km segment of its $3.3bn Line 67 crude oil pipeline (Alberta Clipper line), aimed at doubling the pipeline’s capacity. The permit from the State Department under President Donald
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