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Tourmaline Oil to Acquire Canadian Rival Jupiter Resources for $476 Million
November 12, 2020
Tourmaline Oil has signed a deal to acquire Canadian natural gas company Jupiter Resources in an all-stock deal worth around CAD626 million ($476.3 million). The acquisition price includes Jupiter Resources’ net debt estimated at nearly CAD200 million ($152.17 million). As
FTS International Receives Confirmation for Its Prepackaged Plan of Reorganization
November 10, 2020
FTS International said the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division has confirmed its prepackaged plan of reorganization. Under the terms of the confirmed plan, the company accomplished the elimination of all of its prepetition funded
Baker Hughes to Acquire Compact Carbon Capture Technology to Advance Industrial Decarbonization
November 10, 2020
Baker Hughes said it is acquiring Compact Carbon Capture (3C), a pioneering technology development company specializing in carbon capture solutions. The acquisition underpins Baker Hughes’ strategic commitment to lead in the energy transition by providing decarbonization solutions for carbon-intensive industries,
Cummins Receives Federal Grants to Advance Solid Oxide Fuel Cells
November 10, 2020
Cummins has received two federal grants totaling $4.6 million to advance commercialization of solid oxide fuel cell (SOFC) technology, which could play a critical role in helping commercial and industrial customers reduce their carbon impact while providing energy resiliency and
Enable Midstream Publishes Inaugural Sustainability Report
November 10, 2020
Enable Midstream Partners published its inaugural sustainability report, highlighting the partnership’s dedication to increased transparency and continuous improvement. “I am pleased to share Enable’s inaugural sustainability report,” said Rod Sailor, Enable’s president and CEO. “At Enable, our mission is to
Zenith Acquires Plains All American’s Three Interconnected West Coast Terminals, California
November 10, 2020
Zenith Energy has completed the acquisition of three interconnected terminals in greater Los Angeles from Plains All American Pipeline. This acquisition demonstrates Zenith’s continued commitment to expanding its portfolio of high-quality, safe and reliable energy storage solutions to meet the
News Will Return on Tuesday, November 10 Due to System Upgrades
November 6, 2020
Daily news will back on Tuesday, November 10. We’re busy working behind the scenes to make upgrades and changes to your experience when visiting our website. While you wait for fresh news on Tuesday, take some time to catch up
North Dakota Emergency Commission Approves $16M grant to Oil Companies in Support of Fracking
November 3, 2020
North Dakota officials voted to re-purpose $221 million in federal coronavirus aid to various state agencies, including a $16-million grant to oil companies in support of the fracking process. The North Dakota Emergency Commission approved the plan Friday, the Bismarck
Dan Brouillette: Texas Energy Production Key to Maintaining National Security
November 3, 2020
A notable moment in Texas history occurred when William B. Travis, commander of the Alamo, answered the surrender demand of General Santa Anna with a cannon shot. Despite facing insurmountable odds, he, and his men, including several Texans of Mexican
Texas Oil & Gas Association Launches Career Center for Companies and Job Seekers
November 3, 2020
The following comes from the Texas Oil & Gas Association: The Texas Oil & Gas Association (TXOGA) launched the TXOGA Career Center to connect oil and natural gas companies with highly qualified talent and to connect those interested in pursuing
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