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NEWS Click on text to read news by category: General | Product | People | Worldwide

Dec. 7 Online Auction: Assets of Well Testing and Petroleum Production Services Company to be Sold

December 6, 2016

Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, Inc., under the direction of court appointed receiver Stapleton Inc., is conducting a major auction of all operational equipment of Pacific Process Systems. The assets

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Energy Transfer Partners and Sunoco Logistics Release Statement Regarding Dakota Access Pipeline

December 6, 2016

Energy Transfer Partners, L.P. and Sunoco Logistics Partners L.P. have released a statement that the Administration’s statement that it would not at this time issue an “easement” to Dakota Access Pipeline is a purely political action — which the Administration

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Baker Hughes, CSL Capital, Goldman Sachs to Form North American Land Pressure Pumping Company

December 5, 2016

Baker Hughes Incorporated, CSL Capital Management and West Street Energy Partners (WSEP), a fund managed by the merchant banking division of Goldman Sachs, have agreed to create a pure-play North American land pressure pumping company. The new company will leverage

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Sempra Energy Seeks FERC Approval for Construction of Port Arthur LNG Facility, Texas

December 5, 2016

Sempra Energy announced its LNG subsidiaries have filed applications with the US Federal Energy Regulatory Commission (FERC) seeking authorization to construct and operate the Port Arthur LNG natural gas liquefaction facility in Southeast Texas. The FERC application for the proposed

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Centennial to Acquire Silverback’s Upstream Assets for $885 Million, Texas

December 5, 2016

Colorodo based oil and natural gas firm Centennial Resource Development has agreed to purchase all the upstream assets of Silverback Exploration in Reeves County, US for $885m. The acquisition is expected to increase Centennial’s horizontal drilling inventory by 44% and

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Mitsubishi Heavy Industries Selected to Build ExxonMobil’s Large-Scale Polyethylene Plant, Texas

December 5, 2016

Mitsubishi Heavy Industries, Ltd. has received an order for supply of systems to support a large-scale polyethylene production train for ExxonMobil’s Beaumont Polyethylene plant. The new production train is slated to be completed in 2019, and will produce 650,000 tons

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Government of Canada Grants Approval for Kinder Morgan’s Trans Mountain Expansion Project

December 5, 2016

The Government of Canada has granted approval to Kinder Morgan for the Trans Mountain Expansion Project in a landmark decision that affirms both the strength of the project and the rigor of the review process it has undergone. “This is

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Krewe Energy Acquires Hilcorp Energy’s West Little Lake Field, Louisiana

December 1, 2016

Krewe Energy, LLC has completed an acquisition with Hilcorp Energy for its West Little Lake Field. The West Little Lake Field is located adjacent to Krewe’s currently operated Little Lake Field in Jefferson Parish, Louisiana. The transaction will provide operational

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Fluor Signs MOU with Clean Energy Future for New Gas-Fired Power Stations in Ohio

November 29, 2016

Fluor Corporation has signed a memorandum of understanding with Clean Energy Future, LLC, to provide development support for the Trumbull and Oregon Energy Centers natural gas, combined-cycle stations in Ohio. As part of the agreement, Fluor will provide initial permitting

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Total Safety Named Recipient of 2016 Texas Oil and Gas Awards Excellence in Health and Safety

November 29, 2016

Total Safety U.S. Inc., the world’s premier provider of industrial inspection and integrated safety solutions, was honored with the Fourth Annual Award for Excellence in Health and Safety — Operational in the 2016 Texas Oil and Gas Awards. Total Safety

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