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Jobs Coming Back to U.S. Oilfields After Years of Decline
July 24, 2017
Oil jobs are coming back to the U.S. after three years of mass layoffs, according to new federal employment data. Bureau of Labor Statistics data shows the oil industry added 2,500 jobs so far this year, reversing a 27-month-long decline
SemGroup Completes Acquisition of Houston Fuel Oil Terminal for $2.1 Billion
July 21, 2017
SemGroup has completed the acquisition of Houston Fuel Oil Terminal (HFOTCO) from investment funds managed by Alinda Capital Partners for around $2.1bn. Under the deal, SemGroup has paid $301m as initial payment and issued 12.4 million common shares to Alinda
AG&P Launches New Business Unit in U.S. to Service LNG Industry
July 21, 2017
Atlantic, Gulf and Pacific Company (AG&P) has launched its new business unit in the US, in a bid to serve customers in the liquefied natural gas (LNG) industry. Based in Houston, the AG&P Engineering will provide advanced LNG services to
Williams Partners Subsidiary Seeks FERC Approval for North Seattle Lateral Upgrade Project
July 21, 2017
Williams Partners’ Northwest Pipeline is seeking an approval for its North Seattle Lateral upgrade project in the US state of Washington from the Federal Energy Regulatory Commission (FERC). The project will be built by the Williams Partners subsidiary for Washington
American Midstream Extends Open Season for Crude Oil Deliveries to Dakota Access Pipeline
July 19, 2017
American Midstream Partners, LP has extended open season for crude oil deliveries to the Dakota Access Pipeline (DAPL) has been extended to 5 p.m. CT on July 31, 2017 to incorporate certain modifications requested by shippers. The open season, which
Federal BLM Drilling Permit Mandate in Montana Sparks Debate
July 18, 2017
The demand by Interior Secretary Ryan Zinke that Bureau of Land Management officials get cracking on a backlog of the oil and gas permits had Montana officials a little perplexed. The number of delayed drilling applications for Montana federal land
Mexico Delays Next Offshore Oilfield Auctions By a Month
July 18, 2017
Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets. A new billion-barrel find announced last week “confirms that the
Eni Secures BOEM Approval for Nikaitchuq North Exploration Project, Beaufort Sea in Alaska
July 17, 2017
Eni has secured an approval from the Bureau of Ocean Energy Management (BOEM) for its exploration plan (EP) for the Nikaitchuq North exploration project in Beaufort Sea in the US state of Alaska. Its subsidiary Eni US Operating plans to
Expander Energy Secures Alberta Energy Regulator Approval to Build Gas to Liquids Facility
July 17, 2017
Expander Energy has secured approval from the Alberta Energy Regulator to construct Canada’s commercial gas to liquids (GTL) facility. Through its subsidiary Rocky Mountain GTL, Expander is planning to build and operate enhanced GTL plant in Carseland. The new GTL
Dynegy to Divest Three U.S. Gas-fueled Power Generation Plants for $300 Million
July 17, 2017
Dynegy has signed an agreement to divest three US power generation power plants for around $300m. The company is expected to generate aggregate sales proceeds of around $780m from the sales, including earlier announced LS Power transaction. The proceeds will
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