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InterMoor to Provide Moor and Tow Services for BP’s $9bn Mad Dog 2 Project, Mexico
September 13, 2017
Houston-based InterMoor has bagged a service contract to provide mooring and tow services for BP’s $9bn Mad Dog 2 project in the US portion of deepwater Gulf of Mexico. The contract to InterMoor was awarded by UK-based subsea engineering firm
Santa Fe Midstream Breaks Ground on Natural Gas Facility in Permian Basin, Texas
September 12, 2017
Santa Fe Midstream has broken ground on a natural gas facility in the San Andres formation in the Permian Basin in West Texas. The natural gas facility, which will come up near Denver City, will be used for natural gas
Harvey Prompts DOE to Release 500K Barrels of Oil from Strategic Reserves
September 12, 2017
The Department of Energy will release hundreds of thousands of barrels of oil from the U.S. strategic reserves to limit the impact Tropical Storm Harvey is having on the energy industry. The release will be delivered to a Phillips 66
Hackers Target U.S. Energy Infrastructure
September 12, 2017
The cyber espionage group known as Dragonfly is launching cyber attacks on energy infrastructure in the United States and Europe, according to the software company Symantec. Dragonfly attempted similar attacks between 2011 and 2014, before it was discovered by researchers
TransCanada May Scrap Energy East and Eastern Mainline Pipeline Projects
September 11, 2017
TransCanada’s $12bn Energy East pipeline and the Eastern Mainline projects are in doubt after the company filed a letter to Canada’s National Energy Board (NEB) seeking a 30-day suspension of their applications. The move from TransCanada comes after last month’s
Magellan and Valero to Undertake $755 Million Pipeline System Expansion, Texas
September 11, 2017
Subsidiaries of Magellan Midstream Partners and Valero Energy will jointly undertake construction of a 217km-long refined petroleum products pipeline along with other infrastructure enhancements in Texas with an investment of $755m. In this regard, Valero’s subsidiary V-Tex Logistics and Magellan’s
Xcel Energy Foundation Donates to the American Red Cross to Assist with Hurricane Harvey Relief
September 8, 2017
Xcel Energy has made a donation of $100,000 to the American Red Cross to assist with Hurricane Harvey relief and recovery efforts. The company is making the contribution through the Xcel Energy Foundation, a non-profit organization. “The heartbreaking devastation has
Canadian Natural Resources to Acquire Cenovus Energy’s Pelican Lake Oil Assets for $1 Billion
September 7, 2017
Cenovus Energy has entered into an agreement with Canadian Natural Resources (CNRL) to sell its Pelican Lake heavy oil operations for $975m. The sale also includes Cenovus’ other miscellaneous assets in northern Alberta. The assets have a total production capacity
Refineries and Oil Rigs Shuttered by Harvey Coming Back Online
September 7, 2017
Oil industry infrastructure that was shut down as Hurricane Harvey ravaged the Gulf Coast of Texas is starting to come back online, Axios reports. Eight refineries representing 11.4 percent of U.S. refining capacity are beginning procedures to restart, a process
Department of Energy Fast Tracks Natural Gas Exports
September 7, 2017
The Department of Energy announced a proposed rule Friday that fast-tracks small scale export of natural gas to countries in Central America and South America. Many of the countries in South America do not generate enough liquefied natural gas demand
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