Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Steam Operations Begin at Husky Energy’s Edam West Oil Thermal Project, Canada

June 22, 2016

Husky Energy has started steam operations at the 4,500 barrels per day (bbls/day) Edam West heavy oil thermal project in Saskatchewan, Canada. It follows commencement of steam operation at the firm’s Edam East thermal project in April which currently has

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Devon Energy to Divest Upstream Assets in Midland Basin, Texas for $858 Million

June 22, 2016

Devon Energy has signed agreements to divest its remaining non-core assets in the Midland Basin, Texas, to Pioneer Natural Resources and an undisclosed buyer for $858m. Under the terms of the deals, the firm will sell its upstream assets in

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Enterprise to Build New Natural Gas Processing Facility in Delaware Basin

June 22, 2016

Enterprise Products Partners L.P. announced plans to build a new cryogenic natural gas processing facility and associated natural gas and natural gas liquids (NGL) pipeline infrastructure to facilitate continued growth of NGL-rich natural gas production in the Delaware Basin of

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Energi of Canada Launches Property & Casualty Programs in Parts of Western and Atlantic Canada

June 21, 2016

Energi of Canada has launched its property & casualty programs for energy business in parts of Western and Atlantic Canada. The new energy programs provide unique risk management solutions and insurance offerings for energy related risks in the following segments:

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Honeywell UOP Opens New Catalyst Production Line at Shreveport, Louisiana Facility

June 21, 2016

Honeywell UOP has opened a new production line at its catalyst manufacturing facility in Shreveport, La. The $150 million investment will enable Honeywell UOP to produce a new range of catalysts for the oil refining industry at the facility, which

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Methes Energies Sells Its Sombra, Ontario Facility for $4.5 Million

June 20, 2016

Methes Energies International Ltd. has closed on the sale of its biodiesel facility, including the two Denami 3000™, located in Sombra, Ontario, for USD$4.5M to BIOX Corporation. Over the next few months Methes, acting as consultant, will assist BIOX in

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Pioneer Natural Resources to Acquire Midland Basin Acres for $435 Million, Texas

June 20, 2016

Pioneer Natural Resources Company has signed a purchase and sale agreement with Devon Energy Corporation to acquire approximately 28,000 net acres in the Midland Basin for $435 million, subject to normal closing adjustments. The acreage is located in Martin, Midland,

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Veolia Takes Over Chemours’ Sulfur Product Assets for $325 Million, Strengthening Oil & Gas Services

June 20, 2016

Veolia North America has signed an agreement to take over Chemours’ Sulfur Products division. This division is a specialist in the recovery of sulfuric acid and gases of the refining process, which are regenerated into clean acid and steam used

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Sempra Energy Unit Awarded South Texas-Tuxpan Natural Gas Pipeline Contract, Mexico

June 17, 2016

Sempra Energy’s unit Infraestructura Marina del Golfo (IMG), a joint venture between its Mexican unit Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) and TransCanada Corporation, has been awarded a transportation contract by the Comision Federal de Electricidad (CFE) to build,

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Hexion’s Oilfield Technology Group Expanding Canadian Proppant Manufacturing Plant

June 17, 2016

Hexion’s Oilfield Technology Group (OTG) has expanded its resin coated proppant manufacturing facility in Canada to provide a more efficient supply of proppants to fracturing service companies and operators in the oil and gas industry. Hexion’s proppant plant located in

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