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API Welcomes Court Action Turning Back Challenge to LNG Exports from Freeport Facility, Texas
August 21, 2017
API welcomed the decision by the D.C. Circuit Court of Appeals to reject arguments made in opposition to the Department of Energy’s liquefied natural gas (LNG) export authorization granted to the Freeport LNG terminal on Quintana Island, Texas, and affirm
Blackstone Energy and Fisterra Energy Complete Acquisition of Tierra Mojada Power Plant, Mexico
August 18, 2017
Fisterra Energy, a company majority owned by Blackstone’s energy-focused private equity fund, Blackstone Energy Partners, and global private equity fund, Blackstone Capital Partners, has achieved a financial closing for the Tierra Mojada combined-cycle gas turbine (CCGT) power plant in Guadalajara,
Andeavor Logistics to Acquire Western Refining Logistics for $1.5 Billion
August 17, 2017
US pipeline company Andeavor Logistics has entered into an agreement to acquire its rival Western Refining Logistics (WNRL) for $1.5bn. The acquisition is part of Andeavor Logistics’ efforts to expand into the prolific Permian Basin in Texas and New Mexico.
RimRock to Acquire Whiting Petroleum’s Assets for $500 Million, North Dakota
August 17, 2017
RimRock Oil & Gas Williston has signed an agreement to acquire Fort Berthold Indian Reservation area assets from Whiting Petroleum for around $500m. Whiting intends to use the proceeds from the deal to repay $500m of its current $550m bank
Husky Energy to Acquire Calumet’s Refinery for $435 Million, Wisconsin
August 17, 2017
Husky Energy has agreed to acquire Superior refinery from Calumet Specialty Products Partners in US, for around $435m. The facility, which has 50,000 barrel per day permitted capacity, is located in Superior, Wisconsin. Under the deal, Husky will acquire refinery’s
4 AM Midstream Acquires White Star Petroleum’s Midstream Assets, Oklahoma
August 17, 2017
4 AM Midstream has acquired midstream oil and gas gathering assets from White Star Petroleum for an undisclosed sum. The purchased assets, which are situated in central Oklahoma, will distribute oil and gas from White Star and neighboring production companies
Carrizo Oil & Gas Acquire ExL Petroleum’s Delaware Basin Assets for $648 Million
August 15, 2017
Carrizo Oil & Gas has completed the acquisition of Delaware Basin assets from ExL Petroleum for around $648m. Under the deal, Carrizo has purchased around 16,508 net acres situated in the Delaware Basin in Reeves and Ward Counties. The transaction
Westcoast Energy Receives Approval for $170 Million Wyndwood Pipeline Expansion Project, Canada
August 15, 2017
Canadian economic regulatory agency National Energy Board (NEB) has given consent to Westcoast Energy’s (Spectra Energy Transmission) proposed $170m Wyndwood pipeline expansion project. NEB has approved Westcoast’s proposal to construct and operate 27km long Wyndwood pipeline expansion project. The approval
Andeavor to Develop $225 Million Crude Oil Gathering Pipeline Project in Delaware Basin
August 15, 2017
Andeavor says that it is all set to launch the development of the Conan Crude Oil Gathering Pipeline system in the Delaware Basin with an investment of around $225m. The Texas-based petroleum refining company has secured sufficient commitments from third
Fourchon Files for FERC Approval to Develop $888 Million LNG Project, Offshore Louisiana
August 15, 2017
Fourchon LNG, a subsidiary of Energy World, has officially started seeking regulatory approvals for its $888m liquefied natural gas (LNG) project in Port Fourchon, Louisiana. The Greater Lafourche Port Commission (GLPC) said that Fourchon LNG has filed a formal letter
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