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Shale Directories Celebrates 10th Anniversary
January 24, 2020
Shale Directories celebrates its 10th anniversary. Founded in 2010, Shale Directories is recognized as the #1 online directory serving the Marcellus, Utica, Permian, and Eagle Ford Shale Plays. “We appreciate the support that we have received from our members over
Pennsylvania Board Approves Increase in Shale Well Permit Fees By 150%
January 23, 2020
Permit fees for shale gas wells in Pennsylvania will more than double under a rule change approved by a state environmental board on Tuesday. The fee to drill a new Marcellus or Utica shale well will rise from $5,000 to
McDermott Launches Financial Restructuring Through Chapter 11 Filing
January 23, 2020
McDermott International said that it will seek bankruptcy protection in the US in an effort to cut down its debt of more than $4.6 billion. The oilfield equipment and services provider had plunged into heavy debt following its $6 billion
Steel Reef Completes Acquisition of Certain Gas Infrastructure Assets from Crescent Point
January 23, 2020
Steel Reef Infrastructure has announced the completion of acquisition of certain associated gas infrastructure assets in Saskatchewan from Crescent Point Energy for $500 million. The transaction follows a definitive agreement signed by Steel Reef in November last year, to acquire
BLM Approves Fracking and Oil Drilling in Eight Counties in California
January 23, 2020
A Bureau of Land Management (BLM) Plan will allow fracking and oil drilling in eight counties in California, including San Luis Obispo County, according to a BLM news release. However, Gov. Gavin Newsom, the state attorney general and climate activist
Trump Administration Set to Rewrite NEPA Rules to Ease Project Approval Process
January 22, 2020
President Donald J. Trump on January 9 rolled out new rules to implement the National Environmental Policy Act of 1970 (NEPA) at a White House media event. The proposed rules were published in the Federal Register the next day. The
Allied Power Group Completes Acquisition of Nexgen Advanced Fuel Systems
January 22, 2020
Allied Power Group (APG) has acquired Nexgen Advanced Fuel Systems, a leading provider of fuel nozzle and other critical component repair services for heavy-frame industrial gas turbines. Mark Dion, Nick Dion and James Henry, the founders of Nexgen, will join
Centurion Pipeline Concludes Open Season for Augustus Pipeline, Texas
January 22, 2020
Centurion Pipeline L.P. has completed its binding open season for the Augustus Pipeline. The Augustus Pipeline will connect Centurion’s existing Midland Terminal to multiple long-haul pipelines originating at Crane, Texas. The project will include a combination of new and existing
NAPE Partners with TCU to Launch New Energy Innovation Case Competition at NAPE Summit
January 22, 2020
NAPE and TCU will bring together MBA students from some of the nation’s top schools to put their analytical skills and energy expertise to the test in the inaugural NAPE/TCU Energy Innovation Case Competition February 4 at NAPE Summit. Up
Xcel Energy Named a World’s Most Admired Company for Sixth Consecutive Year by Fortune Magazine
January 22, 2020
For the sixth year in a row Xcel Energy has been honored as one of the World’s Most Admired Companies by Fortune Magazine. The Minneapolis-based utility ranked among the most admired gas and electric companies in the country. The ranking
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