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

FirstEnergy Transmission Project Underway in Altoona, Pa.

August 4, 2020

As part of its ongoing Energizing the Future investment program, Mid-Atlantic Interstate Transmission (MAIT), a transmission subsidiary of FirstEnergy Corp., has begun construction of a new transmission line in Altoona, Pennsylvania. The new line will provide flexibility to the transmission

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Tallgrass Energy’s Cheyenne Connector and Rockies Express Piplines Commences Commercial Service

August 4, 2020

Tallgrass Energy’s Cheyenne Connector pipeline and the Rockies Express Pipeline (REX) Cheyenne Hub Enhancement Project commenced commercial service June 26, 2020. Tallgrass owns 50 percent and operates Cheyenne Connector; DCP Midstream, the D-J Basin’s leading provider of integrated gathering, processing

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OleumTech® Opens New Permian Basin Office, Training Center in Midland, Texas

August 4, 2020

OleumTech®, a leading provider of wireless industrial automation and IoT solutions, has opened a new office with a state-of-the-art training facility located in Midland, Texas. The office will primarily serve as a training facility to accommodate and support customers in

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Trump Issues Permit to Keystone Pipeline to Bring More Canadian Crude

August 3, 2020

US President Donald Trump has issued a Presidential permit for enabling the existing TC Energy’s Keystone Pipeline to supply an additional 170,000 barrels of Canadian crude oil per day into the US Midwest and Gulf Coast. The Presidential permit allows

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Maersk Drilling Invests in New Technology to Facilitate Carbon-neutral Drilling

August 3, 2020

Maersk Drilling has entered an agreement to invest USD 1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy. The concept builds on proven technology originally developed for the aerospace industry, which

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U.S. Oil Majors Reveal Damage of Market Collapse in Second-quarter Results

August 3, 2020

US oil majors have revealed the stunning cost of this year’s oil market collapse, with Chevron, ExxonMobil and ConocoPhillips posting billions of dollars in losses in the second quarter of 2020, driven by low commodity prices and impairment charges. Chevron

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Department of Energy Extends LNG Export Permit Terms to 2050

July 31, 2020

The US Department of Energy (DOE) has issued a new policy that authorizes the US liquefied natural gas (LNG) export term to non-free trade agreement (non-FTA) countries until 2050. The new policy is a change from the current policy that

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Interior Calls for Revision of Federal Land Oil and Gas Rules

July 31, 2020

In support of President Donald J. Trump’s America-First Energy Strategy, the Bureau of Land Management (BLM) today announced proposed revisions to three key regulations governing oversight of oil and gas production and reporting. The proposed regulations are designed to reduce

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Tokyo Gas to Acquire Additional Oil and Gas Assets in Louisiana

July 31, 2020

Japan-based natural gas provider Tokyo Gas has plans to acquire additional oil and gas assets in Louisiana through Castleton Resources. Tokyo Gas America will acquire the assets through its ownership stake in Castleton Resources. With an additional equity capital from

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Wyoming Lawmakers Advance Bill Extending Tax Relief to Oil and Gas Operators

July 31, 2020

Wyoming lawmakers once again deliberated introducing more tax relief for oil and gas operators on Tuesday, with the aim of spurring additional mineral production and capital investment in the state as it struggles to recover from the economic collapse in

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