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ExxonMobil Responds to Verdict in Suit by New York Attorney General
December 11, 2019
ExxonMobil issued the following statement in response to the verdict from the Supreme Court of the State of New York: “Today’s ruling affirms the position ExxonMobil has held throughout the New York Attorney General’s baseless investigation. We provided our investors
EPIC Crude Loads First Shipment of Crude Oil for Export at IGC Marine Terminal, Texas
December 11, 2019
EPIC Crude Holdings’ subsidiary has loaded and launched the first shipment of crude oil from the IGC marine terminal located on the Inner Harbor of the Corpus Christi Ship Channel. The IGC terminal, formerly the International Grain Port Terminal, was
Sacgasco Secures Drilling Permit for Borba Gas Well, California
December 10, 2019
Sacgasco has secured drilling permit from the California division of oil, gas and geothermal resources (DOGGR) for exploratory well Borba 1-7 in the Sacramento basin, onshore California, US. The Australia-based energy company has secured approval to drill to basement projected
Revolution to Acquire Jones Energy II for $201.5 Million
December 10, 2019
US-based oil and gas company Revolution, an affiliate of Mountain Capital Partners, has signed an agreement to acquire Jones Energy II for nearly $201.5 million in cash. Under the terms of the agreement, Jones Energy stockholders will be given around
Repsol Completes $3.25 Million Acquisition of Equinor’s Eagle Ford Asset
December 10, 2019
Norway-based oil and gas company Equinor has completed the sale of its Eagle Ford asset to Spanish energy firm Repsol for $325 million. Under the terms of the agreement, Repsol has acquired a 63 percent stake and operatorship of Equinor’s
McDermott and Chiyoda Introduce Feed Gas to Train 2 of Cameron LNG Project, Louisiana
December 10, 2019
McDermott International and its joint venture partner Chiyoda International have introduced feed gas to Train 2 of the $10 billion Cameron LNG phase 1 project in Hackberry, Louisiana, in the US, marking its final commissioning step. The move follows the
Saulsbury Completes Construction of Altus Midstream Diamond Processing Complex, Texas
December 10, 2019
Saulsbury is proud to announce the recent completion of the Altus Midstream Diamond Processing Complex in southern Reeves County, Texas. The complex includes three 200 MMSCFD cryogenic natural gas processing plants and associated liquid stabilization, slug catchers, gas treating and
Diamond Offshore Drilling Selects ITC Global for Rig Communications Contract
December 10, 2019
ITC Global, a leading provider of satellite communications to remote and harsh environments, announced today that it has been selected by Diamond Offshore Drilling, Inc. to deliver connectivity for corporate network, advanced client services and crew welfare applications on 10
Trans Mountain Breaks Ground on $5.61 Expansion Project in Alberta, Canada
December 9, 2019
Trans Mountain has officially broken ground on the $5.61 billion Trans Mountain expansion project near Edmonton in the Canadian province Alberta. The pipeline expansion project will see the twinning of the 1,150km-long existing Trans Mountain Pipeline, which was laid between
Energy Transfer and Shell Launch EPC Tender for Lake Charles LNG Project, Louisiana
December 9, 2019
Energy Transfer LP and Shell US LNG have launched a comprehensive tender package seeking final commercial seeking bids from the engineering, procurement and construction (EPC) contractors for the proposed Lake Charles LNG liquefaction project in Louisiana, US. Being developed jointly
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