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Oklahoma-based Unit Corporation Voluntarily Files Chapter 11
May 26, 2020
Unit Corporation has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division to effectuate a pre-negotiated Chapter 11 plan of reorganization that will
BLM Delays Auction of Oil and Gas Leases in New Mexico
May 22, 2020
The Trump administration abruptly postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin on Wednesday morning without providing a reason for the move. Bureau of Land Management (BLM) spokeswoman Allison Sandoval confirmed
Trump Orders Agencies to Cut Regulations that Inhibit Economic Recovery
May 22, 2020
An executive order signed by President Trump Tuesday directs agencies to consider what sort of deregulatory action they might take that could spur economic growth. The order directs agency heads to “identify regulatory standards that may inhibit economic recovery,” highlighting
Venture Global Completes Roof Raising for Second LNG Storage Tank at Calcasieu Pass, Louisiana
May 22, 2020
Venture Global LNG, Inc. is proud to announce the successful raising of the second LNG storage tank roof at the company’s Calcasieu Pass LNG export facility in Cameron Parish, Louisiana. This major project milestone was completed nearly three months ahead
New Mexico Developing Methane Emissions Rules
May 22, 2020
New Mexico regulators said Tuesday they have started crafting rules aimed at cracking down on methane emissions by the oil and gas industry and expect to make public a draft later this summer. The rules will be the culmination of
Foreign Buyers Eye Struggling Texas Oil Firms
May 22, 2020
Plunging prices have wreaked havoc on Texas oil companies struggling to avoid a wave of bankruptcies that has ravished the industry during the past five years, leaving them ripe takeover targets for rivals from China and elsewhere. Ninety-eight exploration and
National Carbon Capture Center Expands Testing of Carbon Capture for Negative Carbon Technologies
May 21, 2020
Strengthening its commitment to energy innovation, Southern Company, in partnership with the U.S. Department of Energy (DOE), has launched an expanded focus for the National Carbon Capture Center. The center’s future scope of work for DOE, its National Energy Technology
GPA Midstream Association and GPSA Present Service Awards to Dedicated Volunteers
May 21, 2020
The GPA Midstream Association and affiliated GPSA midstream suppliers association recognized several individuals with distinguished service awards. “GPA Midstream is a member-driven organization with a small professional staff, so we depend heavily on volunteers,” said GPA Midstream President and CEO
AlefEdge and Trilogy Partner for Rural Cloud Initiative Bringing the Edge to Oil & Gas Operations
May 21, 2020
AlefEdge is joining the Rural Cloud Initiative (RCI) as an Edge Innovation Partner. Founded by Trilogy Networks, RCI is a coalition of rural telecom operators and technology providers committed to promoting and accelerating the digital transformation of rural America. By
Encamp Secures $3.1 Million in Series A Funding to Fuel Product Development
May 21, 2020
Encamp has raised $3.1 million in Series A funding, led by Allos Ventures and High Alpha Capital, with participation from IU Ventures. Funds will be used to expand the development of the Encamp platform. Along with their investment, David Kerr,
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