NEWS— Click on text to read news by category: General | Product | People | Worldwide
Chevron to Ramp Up Investment in the Permian Basin
March 16, 2021
Chevron Corp. revived aspirations to pump 1 million barrels a day in the Permian Basin after drastic budget and job cuts trimmed operating costs. Chevron plans to ramp up investment in North America’s biggest oil field through 2025, reversing the
HighPoint Files for Bankruptcy, Set to Be Bought by Bonanza Creek Energy
March 16, 2021
HighPoint Resources Corp. filed for bankruptcy, setting in train a process that will result in the Denver-based shale oil producer being acquired by Bonanza Creek Energy Inc. The driller filed a Chapter 11 petition in U.S. Bankruptcy Court in Delaware,
West Virginia University Study Finds Natural Gas Pooling Law Could Spark Economic Boom
March 16, 2021
A recently released study from economists at West Virginia University found that modernizing the state’s property laws could jump-start a new era of natural gas development. The study — “The Economic Impact of Natural Gas Unitization” — conducted by the
Judges Revive Rejected Mountain Valley Project Permit
March 15, 2021
A proposed extension of the Mountain Valley Pipeline from Virginia into North Carolina has gained new life in an ongoing court battle. The Roanoke Times reported Thursday that the 4th U.S. Circuit Court of Appeals threw out a decision by
PennEast Pipeline Land-use Rights Case Set for U.S. Supreme Court Ruling
March 15, 2021
A decision before the U.S. Supreme Court could have wide implications for construction of U.S. pipelines and other projects involving federal eminent domain power vs. state authority — even though the issue is an arcane legal one that does not
Marcellus Shale Coalition: Fracking Ban Defies Common Sense
March 15, 2021
A recent (March 4) USA Today Network Pennsylvania editorial arrogantly dismisses independent science while cheering on the Delaware River Basin Commission’s recently enacted natural gas development ban. That politically motivated vote defies common sense, sound science, and is a grave
Expro and Frank’s International to Combine to Create Leading Full-Cycle Service Provider
March 12, 2021
Expro Group and Frank’s International have signed a definitive agreement where the companies will combine in an all-stock transaction. Upon the closing of the transaction, Expro shareholders will own approximately 65 percent of the combined entity, with Frank’s shareholders owning
Colorado Energy Organizations Launch First-of-its-Kind Responsibly Sourced Natural Gas Partnership
March 12, 2021
A Colorado natural gas producer, an infrastructure operator, and local municipal utility have entered into a first-of-its-kind Responsibly Sourced Gas (RSG) pilot project with Project Canary, a Denver-based company focused on providing continuous emissions monitoring data and technologies across the
Enerplus Completes Acquisition of Williston Basin Operator Bruin for $465 Million
March 12, 2021
Enerplus Corporation has closed its previously reported acquisition of Bruin, a pure play Williston Basin private company, for a total cash purchase price of $465 million, subject to normal purchase price adjustments. “This acquisition demonstrates our disciplined returns-oriented focus and
U.S. Senators Introduce Bipartisan Oil and Gas Leasing Reform Bill
March 11, 2021
Two U.S. senators said they have introduced a bipartisan bill aimed at boosting taxpayer returns from federal oil and gas leasing, the latest in a string of moves in Washington seeking to reform drilling on public lands. The bill, authored
Page 359 of 753 pages ‹ First < 357 358 359 360 361 > Last ›
