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

Oil States Urge Biden to Uncork U.S. Drilling Instead of Turning to OPEC

August 16, 2021

Republican leaders in oil-and-gas states want President Biden to get behind domestic producers instead of pleading with foreign governments to pump more crude as the administration seeks to counter surging fuel prices. Texas Gov. Greg Abbott advised the White House

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‘Pathetic and Embarrassing’: Biden’s Request to OPEC Draws Criticism

August 13, 2021

In an effort to curb high gasoline prices, White House national security adviser Jake Sullivan called on OPEC+ Aug. 11 to turn on the taps amid pandemic-related cuts. “Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery,”

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PennEast Aims to Complete First Phase of Natgas Pipe in 2022, Despite Right-of-way Delay

August 13, 2021

PennEast Pipeline said on Thursday it still expects to complete the first phase of its $1.2 billion natural gas pipe in Pennsylvania in 2022 even though it put off acquiring rights of way for the project due to legal and

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McDermott’s CB&I Storage Solutions Completes Design for World’s Largest Liquid Hydrogen Sphere

August 13, 2021

McDermott International said its CB&I Storage Solutions business has completed the design of a 40,000 cubic meter liquid hydrogen sphere as part of a study awarded by a leading natural gas producer earlier this year. “Viable storage solutions play a

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ExxonMobil Reportedly Seeking Bids for U.S. Shale Gas Assets

August 12, 2021

ExxonMobil has reportedly commenced the sale of its U.S. shale gas assets, as part of its divestiture program to raise $15 billion by December this year. The company’s XTO Energy shale unit is looking to sell nearly 5,000 natural gas

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Shell Makes Oil Discovery at Leopard Prospect, Gulf of Mexico

August 11, 2021

Royal Dutch Shell said that its subsidiary Shell Offshore has made an oil discovery in the deep-water U.S. Gulf of Mexico (GoM) through the drilling of the Leopard well. The exploratory well intersected an oil pay of more than 183m

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Mountain Valley Pipeline Outlines Plan to Offset Carbon Impacts

August 11, 2021

Mountain Valley Pipeline released plans that would make it one of the first interstate natural gas transmission pipelines to acquire carbon offsets for its operational emissions. Spanning approximately 303 miles across West Virginia and Virginia, Mountain Valley Pipeline (MVP) was

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Pipeline Plastics Promotes Mike Leathers to Chief Executive Officer

August 10, 2021

Pipeline Plastics board of directors have promoted Mike Leathers to chief executive officer. Mike Leathers, who has been serving as the president and chief operating pfficer of Pipeline Plastics, will continue to champion Pipeline Plastics’ role within the industry as

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Office of Fossil Energy Adds Carbon Management to Its Name

August 10, 2021

The Office of Fossil Energy officially added “Carbon Management” to its name as of July 4, 2021. This change signifies that our vision has changed: The Biden-Harris Administration recognizes that to meet our climate goals, we have to manage the

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Tallgrass Energy Acquires 75 Percent Membership Interest in Escalante H2 Power

August 10, 2021

Tallgrass Energy has closed on the purchase of a 75 percent membership interest in Escalante H2 Power (EH2 Power). EH2 Power is developing a first-of-its-kind hydrogen-to-power project at Tri-State Generation and Transmission Association’s Escalante Generating Station near Prewitt, New Mexico,

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