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

Canada’s Arc Resources to Acquire Seven Generations Energy for $2.2 Billion

April 8, 2021

Canada’s ARC Resources on Wednesday agreed to buy Seven Generations Energy Ltd for C$2.7 billion ($2.2 billion) in an all-stock deal to create the country’s sixth-largest energy company, as oil producers strive to scale up and drive down costs. The

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EIV Capital and ARM Energy Launch Partnership to Develop Upstream Capital Solution

April 8, 2021

EIV Capital and ARM Energy Holdings have launched a partnership to establish ARM Resource Partners, an upstream joint venture that will focus on making certain investments in various non-operating working interests, producing and non-producing mineral interests, royalty interests, and other

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Buckeye Partners Completes Second Deepwater Dock at South Texas Gateway

April 8, 2021

Buckeye Partners’ crude oil export operations have commenced at the second deepwater dock at South Texas Gateway (STG), a new state-of-the-art terminal constructed at the mouth of the Corpus Christi Ship Channel in Ingleside, Texas. The completion of this dock

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UGI Companies Join Natural Gas Supply Collaborative

April 8, 2021

UGI Corporation’s wholly owned subsidiaries UGI Utilities and UGI Energy Services have joined the Natural Gas Supply Collaborative (NGSC). The UGI membership brings the number of companies participating in NGSC to 17. NGSC is a voluntary organization of natural gas

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Project Canary Receives Series A Funding from Leading Venture Capital Firms

April 7, 2021

Quantum Energy Partners (QEP), Global Reserve Group (GRG), and Energy Impact Partners (EIP) have invested $10 million in Project Canary, a Denver-based B-Corp (approval pending), focused on delivering independent, trusted, continuous emissions monitoring and environmental, social, governance (ESG) data across

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Spartan Delta Acquires Inception Exploration and Oil and Gas Assets for $148 Million

April 7, 2021

Calgary producer Spartan Delta Corp. says it has agreed to buy private rival Inception Exploration Ltd. and two packages of oil and gas assets in northwestern Alberta for a total of $148 million in cash and shares. The company, founded

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Reps Cheney and Westerman Meet With Energy Industry in Wyoming

April 7, 2021

Fossil fuels have been targeted by environmental groups and political policy for years, and things could get worse as President Joe Biden’s administration works through its priorities. That’s why it’s important that lawmakers, the state of Wyoming, and fossil fuel

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Peak Utility Services Group Acquires Superior Pipeline Services

April 7, 2021

Peak Utility Services Group has acquired Superior Pipeline Services (SPS), a leading natural gas utility services contractor in Texas. Founded in 2001 and headquartered in Fort Worth, Texas, SPS has built long-standing relationships with leading utilities that provide their communities

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Whitecap Resources to Acquire Kicking Horse in $300 Million Deal

April 6, 2021

Fast-growing Whitecap Resources Inc. says it has struck a $300-million cash-and-shares deal to buy private rival Kicking Horse Oil & Gas Ltd., an indirect subsidiary of Quantum Energy Partners. The Calgary-based company says it will issue 34.5 million Whitecap common

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Exxon Sues Energy Transfer Over Charges from Pipeline Dispute

April 6, 2021

Exxon Mobil Corp’s XTO Energy shale unit filed a breach of contract lawsuit against Energy Transfer LP over disputed payments for the Dakota Access Pipeline, according to a Texas state court filing. The suit alleges the pipeline operator hit XTO

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