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Williams Partners to Begin Construction on Hillabee Expansion in May, Florida
March 14, 2016
Williams Partners L.P. expects to begin construction soon on its Hillabee Expansion Project, which the Federal Energy Regulatory Commission (FERC) recently approved. The project involves the expansion of Williams Partners’ Transco pipeline system to serve the growing need for natural
Gemma Power Systems Receives EPC Contract for CPV’s Towantic Energy Center, Connecticut
March 14, 2016
Gemma Power Systems, LLC (GPS) has received notice to proceed (NTP) to commence activities under an engineering, procurement and construction agreement with Competitive Power Ventures CPV Towantic Energy Center project to construct a 785 MW state-of-the-art dual-fuel combined-cycle electric generating
Fitch: Sabine Bankruptcy Ruling Could Have Broad U.S. Midstream Implications
March 14, 2016
A bankruptcy court decision this week could have broad negative implications for US midstream services providers with exposure to distressed exploration and production companies, according to Fitch Ratings. Judge Shelly Chapman of the US Bankruptcy Court, Southern District of New
Sunoco Logistics’ Mariner East 1 Pipeline Links Marcellus Shale to East Coast
March 14, 2016
Sunoco Logistics Partners L.P.‘s Mariner East 1, the first pipeline in the larger Mariner East system, is now transporting both ethane and propane to the Marcus Hook Industrial Complex and is approaching full operations as it completes loading of the
Idaho House Passes Bill Imposing Fees for Underground Oil and Gas Storage Tanks
March 11, 2016
The Idaho House on Wednesday approved a bill stipulating new fees for underground oil and gas storage tanks, despite strong opposition from conservative lawmakers wary of federal government overreach. Senate Bill 1244 would impose a new $100 fee on each
WPX Energy Completes Sale of San Juan Basin Gathering System for $309 Million
March 10, 2016
WPX Energy has completed the sale of its San Juan Basin gathering system for consideration of approximately $309 million. WPX received $285 million cash subject to closing adjustments and a commitment by the purchaser estimated at $24 million to expand
Amazing Energy Oil and Gas Enters into Agreement to Acquire Gulf South Securities
March 10, 2016
Amazing Energy Oil and Gas Co. has executed a non-binding Letter of Intent, which relates to the acquisition of Gulf South Securities, Inc., a firm specializing in the raising of both drilling and corporate capital. “The team at Gulf South
Rex Energy Enters $175 Million Joint Venture in Utica, Marcellus Shale Areas
March 9, 2016
Rex Energy Corp. on Tuesday announced a $175 million joint exploration-development agreement in the Utica and Marcellus shales in eastern Ohio and western Pennsylvania. The company, based in State College, Pa., is partnering with an affiliate of New York-based credit
Shale Gas Crushing Natural Gas Prices
March 9, 2016
Natural gas is the cheapest it’s been in nearly two decades, and it could get even cheaper, thanks to U.S. shale drillers. The U.S. is producing at a near-record pace, but the warm winter has only resulted in more oversupply
Shale-related Methane Emissions Continue to Drop Due to Use of Operational Best Practices
March 9, 2016
Despite claims made in a Feb. 23 editorial (“Methane’s Threat: New EPA Rules to Cut Emissions Are a Good Start”), shale-related methane emissions continue to steeply drop, thanks to the industry’s widespread use of operational best practices and continuous investments
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