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

DOI Issues Final Approval for ConocoPhillips’ Willow Oil Project, Alaska

October 29, 2020

ConocoPhillips Alaska has secured final approval from the US Department of the Interior (DOI) for its Willow oil project in the National Petroleum Reserve in Alaska. The Willow prospect is in the Bear Tooth Unit in the northeast portion of

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Adelphia Gateway Natural Gas Pipeline Begins Construction in Pennsylvania

October 29, 2020

Adelphia Gateway LLC, a subsidiary of New Jersey Resources, said this week that it has received a Partial Notice to Proceed with construction on the first phase of the pipeline project from the Federal Energy Regulatory Commission (FERC). The company

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Oil and Gas Production to Account for 68% of Energy Consumption Over Next Two Decades

October 29, 2020

Over the next two decades, oil and gas production is projected to account for 68 percent of energy consumption in the U.S. and will play a key role in the energy transition to a low carbon future, according to a

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Secretary of Energy Brouillette Tours Range Resources’ Natural Gas Well, Pa.

October 29, 2020

The U.S. Secretary of energy was in Washington County on Tuesday to tour a Marcellus Shale natural gas well. Pittsburgh’s Action News 4 had a chance to speak with Dan Brouillette about what the tour means to people who live

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Backwoods Energy Completes Financing for Alberta Indigenous Opportunities for Cascade Power Plant

October 28, 2020

Backwoods Energy Services has closed on an investment by a consortium of six First Nations, the Indigenous Communities Syndicate (ICS) in the $1.5-billion Cascade Power Plant project. Cascade is a 900MW combined cycle power plant that will provide eight percent

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NextEra Energy Transmission to Acquire Affiliates of Blackstone for $660 Million

October 28, 2020

NextEra Energy Transmission, a subsidiary of NextEra Energy, has entered into definitive agreements with affiliates of Blackstone to acquire GridLiance Holdco and GridLiance for approximately $660 million. “GridLiance partners with electric cooperatives and public power utilities to enhance transmission system

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B&W Thermal to Refurbish North American Power Plant to Maintain Efficiency and Performance

October 28, 2020

Babcock & Wilcox said its B&W Thermal segment will perform boiler maintenance and refurbish a bottom ash system for a power plant in North America. The contract is valued at more than $7 million and was awarded to B&W’s subsidiary,

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C-Innovation Acquires Caltex Oil Tools to Expand Capabilities

October 28, 2020

C-Innovation, an affiliate of Edison Chouest Offshore and its family of companies, has acquired the controlling interest in Caltex Oil Tools, a solution-focused company providing equipment rentals, services and customized engineering capabilities to the offshore industry. Headquartered in Houston and

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Cenovus Energy to Acquire Husky Energy for $2.9 Billion

October 27, 2020

Cenovus Energy announced Oct. 25 it will acquire Husky Energy for $2.9 billion in an all-stock deal to combine their operations and create Canada’s third-largest oil and natural gas producer with output of about 750,000 boe/d as the merger wave

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EQT Looks to Sell Mountain Valley Pipeline Capacity as Construction Gets Ready to Begin

October 27, 2020

The chief financial officer for EQT Corp. announced Thursday that the Pittsburgh-based natural gas producer is in discussions to offload some or all of its Mountain Valley Pipeline capacity. The 303-mile natural gas pipeline from Northwestern West Virginia to Southern

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