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Max Midstream Texas Hopes to Pump New Life Into Oil and Gas Industry After Pipeline Deal
October 1, 2020
It’s no secret that COVID-19 has put the U.S. economy in a serious crunch. The heart and soul of Houston’s economy, the oil and gas industry, has been hit especially hard. According to the Texas Independent Producers and Royalty Owners
Trump Issues Presidential Permit Authorizing $22 Billion Railway Between Alaska and Alberta
September 30, 2020
President Donald Trump has issued a presidential permit granting approval to a $22 billion freight rail project connecting Alaska and Alberta. The president had tweeted his intent to issue the permit on Friday, based on the recommendations of Alaska Senator
Shale Producer Oasis Petroleum Files for Bankruptcy
September 30, 2020
Oasis Petroleum has entered into a restructuring support agreement (RSA) with substantially all of its lenders in Oasis Petroleum’s revolving credit facility and holders of 52 percent of the aggregate principal amount of the company’s bonds on a comprehensive pre-prepackaged
Colorado Oil Regulators Approve 2,000-ft Setback Rule for Drilling, Fracking
September 30, 2020
The Colorado Oil & Gas Conservation Commission (COGCC) on Sept. 28 unanimously voted in favor of a preliminary approval establishing new 2,000-ft setback rules for drilling and fracking operations statewide. The new series of rules within Senate Bill 19-181 (SB
Kinder Morgan Places Permian Basin Gas Pipeline Into Service
September 30, 2020
Kinder Morgan put the Lockridge natural gas pipeline in Texas into service earlier this month, according to a filing late Sept. 28 with the U.S. Federal Energy Regulatory Commission (FERC). Lockridge, along with several pipes under development or construction, is
Corps Reinstates Permits for Mountain Valley Pipeline
September 29, 2020
The U.S. Army Corps of Engineers has reissued permits for a natural gas pipeline project in Virginia and West Virginia nearly two years after a federal appeals court invalidated them. The Roanoke Times reports that the new permits issued on
Pennsylvania DEP Completes Review of Sunoco Pipeline Permit Requests
September 29, 2020
The Pennsylvania Department of Environmental Protection (DEP) recently approved Sunoco Pipeline’s request to amend two permits for portions of the Mariner East 2 pipeline located in Delaware and Chester Counties. “These approvals have undergone substantial and thorough reviews by technical
Canada’s Energy Sector Receives $320 Million in Funding to Support Offshore Energy Jobs
September 29, 2020
Canada’s energy sector supports hundreds of thousands of middle class families and their communities. COVID-19 and global price instability have caused unprecedented challenges for workers and companies in the offshore energy sector in Newfoundland and Labrador. In response to the
Brookfield Acquires Blackstone’s Stake in Cheniere Energy for $7 Billion
September 29, 2020
US-based asset management company Blackstone Group has completed the sale of about 42 percent stake in Cheniere Energy Partners to Brookfield Infrastructure and its own affiliated company for $7 billion. Cheniere Energy Partners is a limited partnership formed by a
W. Va. Economic Development Authority OKs Loan for Energy Solutions Brooke County Power Plant
September 29, 2020
The West Virginia Economic Development Authority approved the Brooke County Power project for a direct loan to help the natural gas plant become closer to a reality. According to the West Virginia Department of Commerce, the board of directors for
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