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

Suncor Energy Completes Acquisition of 72.9% of Canadian Oil Sands Shares

February 8, 2016

Suncor has reported that approximately 72.9 percent of Canadian Oil Sands shares (COS) equating to 353,307,264 common shares and accompanying rights have been tendered to their offer. “We’re pleased with the strong level of support from COS shareholders. From the

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Florida Southeast Connection’s Underground Gas Pipeline Project Receives Key FERC Approval

February 8, 2016

Florida Southeast Connection, LLC, a wholly owned subsidiary of NextEra Energy, Inc. has received a certificate of public need and necessity from the Federal Energy Regulatory Commission (FERC) to construct and operate a proposed underground pipeline to transport natural gas

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Sabal Receives FERC Approval to Construct and Operate Natural Gas Pipeline Project, Southeast U.S.

February 8, 2016

Sabal Trail Transmission, LLC, a joint venture of Spectra Energy Partners, LP, NextEra Energy, Inc., and Duke Energy, received a certificate of public convenience and necessity from the Federal Energy Regulatory Commission (FERC) to construct and operate the Sabal Trail

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Alliant Energy Extends Ownership Options for Riverside Gas Modernization Project, Wisconsin

February 8, 2016

Alliant Energy’s Wisconsin utility has negotiated agreements with neighboring utilities and electric cooperatives that provide partial ownership options for its proposed Riverside Energy Center modernization project near Beloit, Wis. The options represent an opportunity for Alliant Energy’s partners to benefit

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Primoris Services Secures $20 Million in Pipeline Contracts in Virginia, Texas, and Gulf Coast

February 8, 2016

Primoris Services Corporation has received three underground awards with a combined value of more than $20 million. The contracts were secured by Primoris Energy Services’ Primoris Pipeline, part of the Energy segment. The first award is for the replacement of

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Pa.-based AMETEK Acquires Brookfield Engineering Laboratories and ESP/SurgeX

February 8, 2016

AMETEK, Inc. has completed two acquisitions: Brookfield Engineering Laboratories and ESP/SurgeX. “Brookfield Engineering and ESP/SurgeX are excellent acquisitions and strong additions to our Electronic Instruments Group. These businesses will allow us to expand our presence in laboratory instrumentation and power

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Torrent Oil & Gas Enters Partnership with Natural Gas Partners

February 8, 2016

Torrent Oil & Gas LLC has secured a private equity financing commitment and partnership with Natural Gas Partners (NGP) through NGP Natural Resources XI, L.P. “With the partnership of NGP, we are positioned to execute on an exciting business strategy

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Pennsylvania Environmental Quality Board Passes Updates to Oil and Gas Drilling Regulations

February 8, 2016

The Pennsylvania Environmental Quality Board (EQB) passed the revisions to the oil and gas drilling regulations by a vote of 15 to 4. The “Environmental Protection Performance Standards at Oil and Gas Well Sites” (Chapters 78 and 78a) rulemaking modernizes

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Oregon-based XFuels Begins Development of Fuel Cell Technology

February 8, 2016

XFuels Inc. will begin development on a combined hydrogen and carbon fuel cell using both XFuels’ hydrogen capture technology and its non-thermal plasma reforming technology with Converde Inc.‘s carbon fuel project. The resulting system will be targeted for small and

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U.S. Oil Exports: Platts Launches New Price References for On-Ship Crude Oil in U.S. Gulf Coast

February 8, 2016

Platts will publish new pricing points for light sweet crude oil and condensates free-on-board ship from Houston and Corpus Christi, Texas and a new pricing point for Canadian heavy crude oil delivered to the U.S. Gulf Coast in order to

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