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UK’s i3 Energy to Divest Saskatchewan Assets to Harvard Resources for $33 Million
August 11, 2020
Oil and gas explorer i3 Energy has signed an agreement to sell part of its Saskatchewan assets in central Canada to Harvard Resources, for $33 million. The sale, however, is conditional upon the completion of the agreement signed last month
Presidio Petroleum Completes Acquisition of Templar Energy Assets
August 11, 2020
Presidio Investment Holdings has announced that it has completed the acquisition of substantially all of the oil and natural gas producing properties of Templar Energy and certain affiliates in the Anadarko Basin. Presidio Petroleum is a leading oil and gas
Oil, Gas, and Mining Industries Shed Jobs Again in July
August 11, 2020
America’s oil, gas and mining industries continued to shed jobs in July, according to data from the Bureau of Labor Statistics, as trade groups warned that the sector may not yet have reached bottom. Total employment in July fell to
San Mateo Black River Oil Pipeline Launches Binding Open Season
August 10, 2020
San Mateo Black River Oil Pipeline, a wholly-owned subsidiary of San Mateo Midstream, has launched its binding open season to gauge shipper interest in committed crude oil interstate transportation service on the Stebbins Expansion Crude Oil Pipeline Project, a proposed
Fieldwood Energy Commences Voluntary Chapter 11 Process
August 10, 2020
Fieldwood Energy and certain affiliates has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas. The company will continue to operate its business safely
NGL Energy Partners Enters Water Transportation and Disposal Agreement in Delaware Basin
August 10, 2020
NGL Energy Partners has signed a new long-term produced water transportation and disposal agreement with a leading independent producer operating in Eddy and Lea Counties within the Delaware Basin. This agreement includes a 10 year acreage dedication totaling approximately 10,000
PG&E to Conduct Emergency Exercise to Prepare for Upcoming Wildfire Season
August 10, 2020
Pacific Gas and Electric Company (PG&E) is conducting a company-wide, full-scale emergency exercise to prepare for the upcoming wildfire season this week. During the five-day exercise, employees from across PG&E’s service territory simulate real-life events that could happen during a
Equitrans Expects to Startup $5.4 Billion Mountain Valley Pipeline Next Year
August 7, 2020
US-based Equitrans Midstream announced that it is aiming to startup the $5.4 billion Mountain Valley natural gas pipeline in early 2021. The project is among the US oil and gas pipelines that have faced delays due to regulatory and legal
Keystone XL Enters Project Labor Agreement with Four U.S. Unions
August 7, 2020
TC Energy Corporation announced today that Keystone XL has reached a project labor agreement (PLA) with four leading U.S. labor unions that will inject hundreds of millions of dollars in middle-class wages into the American economy, while ensuring this pipeline
Appeals Court Allows Energy Transfer Partners’ Dakota Access Pipeline to Continue Operations
August 7, 2020
A federal appeals court in the US has allowed Energy Transfer Partners’ $3.78 billion Dakota Access Pipeline to continue transporting crude oil pending additional court proceedings despite a recent ruling against it in a lower court. Despite the appeals court’s
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