Oil, Gas and Shale
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Dynegy Completes Acquisition of ENGIE’s U.S. Portfolio for $3.3 Billion

February 20, 2017

Dynegy Inc. has completed its acquisition of ENGIE’s United States portfolio for a total purchase price of $3.3 billion. The portfolio consists of 9,017 megawatts (MW) of generation capacity, more than 90 percent of which is gas-fueled. The plants are

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EQT Wins Auction Bid to Acquire 53,400 Core Marcellus Acres for $527 Million

February 20, 2017

EQT Corporation has won a bankruptcy auction to acquire 53,400 core net Marcellus acres, including drilling rights on 44,100 net acres in the Utica and current natural gas production of approximately 80 MMcfe per day, from Stone Energy Corp. for

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Trump Signs Law Rolling Back Disclosure Rule for Oil & Gas and Mining Companies

February 17, 2017

President Trump signed a measure Tuesday that could presage the most aggressive assault on government regulations since President Reagan. The bill cancels out a Securities and Exchange Commission regulation that would have required oil and gas and mining companies to

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Covey Park Energy Acquires Additional Haynesville Assets from Chesapeake Energy for $465 Million

February 16, 2017

Covey Park Energy LLC has acquired additional assets located in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies for $465 million. Covey Park funded a portion of the Chesapeake acquisition with additional equity investments

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Xcel Energy and FAA Launch First-of-Its-Kind Safety Partnership

February 16, 2017

Xcel Energy and the Federal Aviation Administration have launched a first-of-its-kind partnership to research the safe operation of drone technology to inspect critical infrastructure. The agreement involves using unmanned aircraft systems to inspect more than 20,000 miles of Xcel Energy

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Blackeagle Energy Services Receives Prestigious Safety Award

February 16, 2017

Blackeagle Energy Services has been awarded the Distribution Contractors Association (DCA) Arthur T. Everham Safety Award. The DCA established the award in 1986 to recognize contractors with exceptional safety programs. Blackeagle tied for first place among companies that worked 470,000-1,000,000

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Xcel Energy Partners with FS-ISAC to Expand Security Protections for Energy Sector

February 16, 2017

Xcel Energy has partnered wit the Financial Services Information Sharing and Analysis Center (FS-ISAC) to create a new threat information sharing community. The new community will enhance the energy sector’s access to cyber and physical security intelligence. “Ensuring the integrity

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BHP Billiton Approves $2.2 Billion for Mad Dog Phase 2 Project, Gulf of Mexico

February 15, 2017

Anglo-Australian miner BHP Billiton has approved $2.2bn investment for its share in the Mad Dog Phase 2 oilfield project located in the Green Canyon area in the Deepwater Gulf of Mexico. The $9bn Mad Dog Phase 2 project is the

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Plains All American and Noble Midstream Form JV to Acquire Advantage Pipeline for $133 Million

February 14, 2017

Plains All American Pipeline, L.P. and Noble Midstream Partners LP have entered into definitive agreements to form a 50/50 joint venture (JV) to acquire Advantage Pipeline, L.L.C., which owns a 70-mile, 16-inch crude oil pipeline located in the southern Delaware

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FERC Approves National Fuel’s $455 Million Northern Access Project

February 9, 2017

National Fuel Gas Supply Corporation (Supply) and Empire Pipeline, Inc., both wholly-owned subsidiaries of National Fuel Gas Company (National Fuel), have received notice that the Federal Energy Regulatory Commission (FERC) has approved their application to construct the Northern Access 2016

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