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European Commission Approves GE’s Acquisition of Baker Hughes
June 6, 2017
The European Commission has approved General Electric’s (GE) purchase of oilfield services company Baker Hughes without any conditions. The EC said that the $1.7bn merger deal between the firms will not have any adverse affect on competition in relevant markets.
New Pipeline Starts Operations in Bakken/Three Forks Production Areas, North Dakota
June 6, 2017
Two new pipelines that cost $4.78bn to build started services, transporting domestic crude oil from the Bakken/Three Forks production areas in North Dakota, US. The Dakota Access pipeline (Dakota Access) and the Energy Transfer Crude Oil Pipeline (ETCO), collectively the
Westwood Global Energy Acquires Houston-based Energent Group Software
June 5, 2017
Westwood Global Energy Group, the private equity-backed group of energy research, analysis and consulting companies, has acquired Houston-based market research firm, Energent Group Software LLC. Westwood’s strategic vision is to create best-in-class solutions for its customers. The addition of Energent’s
Enable Midstream Signs Gas Supply Agreement for Growing Anadarko Basin Production
June 5, 2017
Enable Midstream Partners’ wholly-owned subsidiary, Enable Gas Transmission, LLC (EGT), has entered into a 205,000 Dth/d firm natural gas transportation agreement with Newfield Exploration Company, a top producer in the growing SCOOP and STACK plays. The 10-year contract is associated
Canadian Government Releases Draft Regulations to Reduce Emissions in Oil and Gas Industry
June 2, 2017
Methane is a potent greenhouse gas and the Canadian government has taken a step toward reducing emissions of it in the oil and gas industry. Draft regulations released yesterday would result in a 45 per cent drop by 2025. ‘WE’RE
DCP Midstream Expands Plan for Sand Hills Gas Liquids Pipeline, Gulf Coast
June 2, 2017
DCP Midstream has unveiled an additional expansion of the Sand Hills natural gas liquids pipeline, with plans to initially invest $105m towards long-lead equipment and right-of-way. The pipeline will be expanded in a phased process. The first phase of expansion
Alpha Natural Resources Divests Certain Coal and Gas Assets in W. Va.
June 2, 2017
Alpha Natural Resources announced Tuesday morning it has sold two of its assets — both of which are located in West Virginia. The company said it is divesting, “substantially all of the assets of two separate operations, a coal mining
Poll Finds Va., W. Va., North Carolina Voters Support Atlantic Coast Pipeline
June 1, 2017
A majority of voters in Virginia, West Virginia and North Carolina support the expansion of domestic energy production and infrastructure – including the approval and construction of the Atlantic Coast Pipeline, a new poll from Consumer Energy Alliance (CEA) reveals.
Target Logistics Expands Office in Houston Area to Support Market Growth
June 1, 2017
Target Logistics Management, LLC, a global leader of workforce housing and one of the largest providers of turnkey housing solutions in North America, will move its administrative headquarters from Boston, Massachusetts to its operational headquarters in The Woodlands, Texas. Following
Kinder Morgan Moves Forward with $5.5 Billion Trans Mountain Pipeline Expansion, Canada
May 31, 2017
Kinder Morgan said it will go ahead with the C$7.4bn ($5.5bn) Trans Mountain pipeline expansion as long as it secures satisfactory financing for the project via its initial public offering (IPO). The company, in conjunction with its indirect subsidiary Kinder
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