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Allied Resource Partners Continues to Increase Operations
May 12, 2020
Allied Resource Partners has begun spudding a second well on an already-proven lease in Ellis County, Kansas. Despite current market conditions, Rich Tabaka, president of Allied, is confident in his company’s ability to continue to flourish and expand in a
JD Fields & Company Acquires Alameda Pipe & Steel, Evolves From Steel Supplier to Manufacturer
May 12, 2020
JD Fields & Company, Inc. has acquired Alameda Pipe & Steel Company, a steel products manufacturer based in Gardena, California. The purchase of the newly branded Alameda Pipe and Fab enables the 35-year-old JD Fields & Company – which has
Tallgrass Energy Honored by Colorado’s Top Workplaces for Sixth Consecutive Year
May 12, 2020
Tallgrass Energy was named one of The Denver Post’s Top Workplaces – the sixth consecutive year the company has been honored by Top Workplaces. The list is compiled based on a third-party survey that asks employees to rate their company
Agencies to Aid Oil Industry Through New ‘Bakken Restart Task Force’
May 11, 2020
Several state agencies are collaborating in the new Bakken Restart Task Force to help the oil and gas industry recover after crude prices crashed this spring during the coronavirus pandemic. The group, led by the Department of Mineral Resources, comes
Global Clean Energy Acquires Alon Bakersfield Refinery for $40 Million, California
May 11, 2020
Global Clean Energy (GCEH) has acquired Alon Bakersfield Properties, a subsidiary of Delek US, in a deal worth $40 million. Alon Bakersfield Properties owns the Alon Bakersfield Refinery located in Bakersfield, California in the US. With the completion of the
88 Energy to Acquire XCD Energy to Create Alaska-focused Oil Company
May 11, 2020
88 Energy has agreed to acquire rival Australian energy firm XCD Energy in an all-stock deal a move to create an Alaska-focused oil company. Currently, 88 Energy operates the majority of the nearly 480,000 acres spanning Project Icewine, which is
Williams to Provide Offshore Transportation Services to Chevron’s Anchor Project, Gulf of Mexico
May 11, 2020
US-based natural gas transportation company, Williams has signed an agreement with Chevron and its co-owner, Total E&P USA to provide offshore natural gas transportation services to Anchor field development project in the Gulf of Mexico. Located 225.3km off the coast
Shale Production Could Rebound If Oil Hits $30
May 11, 2020
Shale drillers are signaling they’ll throw off restraints on oil production if crude reaches $30 a barrel, an ominous portent for a global industry still drowning in a supply glut. The about-face is stunning for a sector scorched by the
Lawmakers Urge Punishment for Banks that Won’t Back Drillers, Coal Mines
May 11, 2020
Three dozen lawmakers are pushing the Trump administration to get tough on banks and asset managers that restrict financing for oil drilling and coal mining, arguing they are “discriminating against America’s energy sector” and it “must be confronted.” In a
Texas LNG Export Facility Set to Get Air Permit from TCEQ
May 8, 2020
Texas LNG Brownsville said that it is set to receive an air permit for its Texas LNG export facility from the Texas Commission on Environmental Quality (TCEQ). The air permit agreed to be issued by TCEQ will allow the Houston-based
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