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Trump Signs Executive Orders Reviving Keystone XL and Dakota Access Pipelines
January 30, 2017
President Trump signed executive orders on Tuesday effectively reviving the controversial Keystone XL and Dakota Access pipelines, as a major builder said it will reapply to build one of the projects which had been stalled by the Obama administration under
Mountain Valley Pipeline Draws Widespread Public Support, Virginia
January 26, 2017
A recent survey conducted by Mason-Dixon Polling & Research shows a strong majority of Virginians support the proposed Mountain Valley Pipeline (MVP) project. The statewide survey of voters’ views on important policy issues and candidates for public office was conducted
FirstEnergy Sells Pennsylvania Gas Plants for $925 Million
January 25, 2017
FirstEnergy Corp. is selling several Pennsylvania natural gas plants and its hydroelectric assets for $925 million, the Ohio-based company said today. The buyer is LS Power Equity Partners III LP, a New York-based power developer which, according to Bloomberg, “specializes
ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion Barrels
January 24, 2017
Exxon Mobil Corporation will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 billion barrels
Kalnin Ventures Closes Second Marcellus Asset Acquisition, Pa.
January 24, 2017
Kalnin Ventures LLC has closed on its second acquisition of a non-operating portfolio in the northeast Marcellus shale play of Pennsylvania, on behalf of its investor Banpu Pcl. Banpu Pcl is a Thailand-based coal mining and power-generation company with total
2017 NAPE Summit Global Business Conference Releases Speaker Lineup
January 24, 2017
NAPE Summit, the largest international exploration and production (E&P) expo in the U.S., has released the speakers and lineup for the 2017 NAPE Summit Global Business Conference. Taking place Feb. 15, the conference will feature international and domestic energy industry
Investing Veteran Leigh Goehring Launches Natural Resources Mutual Fund
January 24, 2017
Goehring & Rozencwajg Associates (G&R Associates) have launched the Goehring & Rozencwajg Resources Fund, a series of Goehring & Rozencwajg Investment Funds. Leigh Goehring, one of the leading authorities in global commodity investing, and long-time partner Adam Rozencwajg, will manage
ExxonMobil Signs $6.6 Billion Deal to Double Permian Basin Assets, Texas
January 20, 2017
ExxonMobil has agreed to acquire companies owned by the Bass family of Fort Worth, Texas, US for $5.6bn in stock and up to $1bn in additional payments, in a bid to boost its onshore oil production in the Permian Basin.
Noble Energy to Acquire Clayton Williams Energy for $2.7 Billion
January 20, 2017
Oil producer Noble Energy has signed an agreement to acquire Clayton Williams Energy for about $2.7bn in a cash and stock deal in a bid to boost its presence in the Permian Basin. As part of the deal, Noble Energy
NextDecade Signs Lease to Develop LNG Export Project at Shoal Point, Texas
January 19, 2017
NextDecade, LLC has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion dollar liquefied natural gas (LNG) export facility. Texas
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