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LLR Partners Acquires a Majority Stake in Geoforce
December 18, 2019
Geoforce, a leading provider of global traceability and Track and Trace solutions for field equipment and vehicles, said that LLR Partners has acquired a majority stake and made a growth capital investment in the business. Geoforce offers a cloud-based software
Genesis Energy Signs New Deepwater Gulf of Mexico Transportation Agreements
December 18, 2019
Genesis Energy has entered into agreements with Murphy Exploration & Production Company, a subsidiary of Murphy Oil Corporation, and other interest owners, to provide downstream transportation services for 100 percent of the crude oil and natural gas production associated with
States Urge Supreme Court to Allow Construction of Atlantic Coast Pipeline to Continue
December 17, 2019
Attorneys general from 18 states are urging the U.S. Supreme Court to allow construction of the Atlantic Coast Pipeline to continue. West Virginia Attorney General Patrick Morrisey said his office will lead the coalition. A friend of the court brief
BLM Bakersfield Field Office Issues Decision on Effects of Hydraulic Fracturing
December 17, 2019
The Bureau of Land Management (BLM) released its decision for the Bakersfield Field Office Supplemental Environmental Impact Statement (EIS) analyzing the potential effects of hydraulic fracturing of oil and gas resources on public lands and Federal minerals within the planning
OPEC Deal Could Send Oil To $70
December 17, 2019
The OPEC+ deal could push oil prices back to $70 per barrel next year, assuming all goes according to plan. The combination of raising the production cuts to 1.7 million barrels per day (mb/d), plus the unilateral over-compliance by Saudi
ONEOK Completes Elk Creek NGL Pipeline, Montana
December 17, 2019
Oklahoma-based midstream company ONEOK has completed its 900-miles (1,448.4km) natural gas liquids (NGLs) pipeline between eastern Montana and Rice County in US. The Elk Creek pipeline extends from the Williston basin to the company’s existing Mid-Continent NGL facilities in Bushton,
ExxonMobil Wins Landmark New York Court Ruling Over Climate Change Disclosures
December 16, 2019
A New York court has ruled in favor of ExxonMobil in a landmark legal ruling covering its transparency to investors over the impact of climate change on its business. The lawsuit was brought against the US oil major by the
Doyon and Hilcorp Sign Gas Exploration Deal, Alaska
December 16, 2019
An Alaska Native Regional Corporation and an energy company will jointly explore the Yukon Flats region for potential oil and gas extraction, officials said. Doyon Limited and Hilcorp Energy Co. officials agreed to a five-year deal that will include exploration
Ironwood Midstream to Expand Eagle Ford Pipeline Network, Texas
December 16, 2019
San Antonio pipeline operator Ironwood Midstream has closed a deal to expand its crude oil gathering network in the Eagle Ford Shale of South Texas. In a statement released Tuesday, the company confirmed closing a deal to buy 150 miles
Canadian Oil & Natural Gas Production Set to Soar Through 2040
December 16, 2019
Canada’s oil and natural gas production is projected to have steady growth through 2040 as key pipeline and export infrastructure are completed and prices rise over the long-term, according to the Canada Energy Regulator’s first long-term energy outlook. Specifically, the
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