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

Southline Transmission Project Receives Records of Decision from Federal Agencies, Ariz. and N.M.

May 10, 2016

Hunt Power, L.P.‘s Southline Transmission Project has received records of decision (RODs) from both the Western Area Power Administration and the Bureau of Land Management (BLM). These represent the approval of the agencies’ preferred alternative and allow for BLM to

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Ultra Petroleum Files for Chapter 11 Bankruptcy Protection

May 10, 2016

Oil and natural gas producer Ultra Petroleum has filed for bankruptcy protection in the US in order to reduce its debt amid plunging oil and gas prices. According to a court filing, the firm has listed assets in the range

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DNV GL Leads Seven New Joint Industry Projects in North American Oil and Gas Industry

May 10, 2016

DNV GL is leading seven new joint industry projects (JIP) to identify smart solutions for reducing complexities and costs in the North American oil and gas industry. The initiatives will support overall efficiency efforts in the pipelines, wells and subsea,

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Athabasca Oil Shuts Down Hangingstone Project Due to Fort McMurray Forest Fires, Canada

May 9, 2016

Athabasca Oil Corporation has decided, in response to the elevated risk from the ongoing regional wildfires, to shut down the Hangingstone Project and evacuate all personnel. The Fort McMurray fire has advanced to the south and southeast of the city.

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NextDecade Files FERC Application, Reaches Milestone for Rio Grande LNG & Rio Bravo Pipeline, Texas

May 9, 2016

NextDecade, LLC has filed an application with the U.S. Federal Energy Regulatory Commission (FERC) for authorization to site, construct and operate Rio Grande LNG, a proposed 27 Mtpa LNG export facility near Brownsville, Texas and the Rio Bravo Pipeline, a

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Coastal GasLink Pipeline Project Receives All Remaining BC Oil & Gas Commission Construction Permits

May 9, 2016

TransCanada Corporation has received the last two of 10 pipeline and facilities permits required from the BC Oil and Gas Commission for the Coastal GasLink Pipeline Project. The project now has approval for construction and operation of the proposed pipeline

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May 23: Midstream Speakers and Agenda Released for 2016 DUG Permian Basin Conference

May 9, 2016

For almost a century, the Permian Basin has been a cornerstone of the U.S. oil and gas industry. With 100,000+ miles of crude oil and natural gas pipelines, 75,000+ miles of gathering lines and 10 Bcfd of processing plant capacity,

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Toolots Launches e-Commerce Site for Factory-Direct Industrial Tools, Machinery, and Technology

May 9, 2016

Toolots, Inc. has launched Toolots.com. The online marketplace and distribution channel creates fast, easy access to high-quality, affordable industrial equipment for manufacturers around the world, while streamlining the purchase, delivery, installation and warranty of these products. “We are passionate about

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Synergy to Acquire Some of Noble Energy’s Colorado Oil and Natural Gas Properties for $500 Million

May 6, 2016

Noble Energy has agreed to divest some of its oil and natural gas properties in Colorado, US, to Synergy Resources for $550m. The transaction includes about 72,000 acres situated in Weld County, primarily in and around the city of Greeley,

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SunEdison Undertakes Chapter 11 Reorganization

May 5, 2016

SunEdison, Inc. has commenced a process to restructure its balance sheet and position the company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11

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