Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Hess Midstream to Acquire Hess Infrastructure in $6.2 Billion Deal

October 10, 2019

Hess Midstream Partners has agreed to acquire Hess Infrastructure Partners from Hess and Global Infrastructure Partners in a deal valued around $6.2 billion. The deal also includes Hess Infrastructure Partner’s 80 percent stake in Hess Midstream Partners’ oil and gas

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Rattler Midstream and Oryx to Acquire Reliance Gathering for $355 Million

October 10, 2019

Rattler Midstream, a subsidiary of Diamondback Energy, and Oryx Midstream, through their newly-formed joint venture, have signed an agreement to acquire Reliance Gathering for $355 million. The crude oil gathering system of Reliance Gathering includes more than 370km of gathering

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Holly Energy and Plains All American Form Cushing Connect Joint Venture Company

October 9, 2019

Holly Energy Partners (HEP) and Plains All American Pipeline (PAA) have formed a 50/50 joint venture, Cushing Connect Pipeline & Terminal for the development and construction of a new 160,000 barrel per day common carrier crude oil pipeline that will

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IEA: U.S. Shale Revolution has Reshaped the Energy Landscape at Home and Abroad

October 9, 2019

The International Energy Agency released its latest in-depth review of U.S. energy policies, welcoming U.S. leadership on innovation and highlighting the far-reaching impact of the country’s shale revolution. The shale boom has transformed the United States into the world’s top

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As House Passes Arctic Drilling Ban, Interior Goes the Other Way

October 9, 2019

The Interior Department and the House are moving in different directions on Arctic drilling. Hours after the House voted 225-193 to block oil and gas drilling in the Arctic National Wildlife Refuge, the agency said it was moving to open

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Rockwell Automation and Schlumberger Form JV Automation Solutions Provider Company Sensia

October 9, 2019

Rockwell Automation and Schlumberger have closed on their new joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. The joint venture leverages Schlumberger’s deep oil and gas domain knowledge and Rockwell Automation’s rich automation

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American Petroleum Institute Experts Gather to Highlight Global Benefits of U.S. LNG Exports

October 9, 2019

The American Petroleum Institute, along with the Center for LNG and LNG Allies hosted an event discussing the increasing role U.S. LNG exports play in the global energy mix and the global benefits of this transition, including emissions reductions, lifting

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Pennsylvania Joins the Regional Greenhouse Gas Initiative

October 9, 2019

Pennsylvania, the heart of the U.S. shale-gas boom and one of the biggest coal-producing states, is joining a carbon market. Governor Tom Wolf on Oct. 3 ordered state environmental regulators to come up with a plan by July 31 to

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Samson Resources II Greater Green River Basin Assets for $46 Million

October 9, 2019

Samson Resources II has successfully closed the sale of its Greater Green River basin assets to an undisclosed buyer. The company also closed on the sale of 8,500 non-core acres in Johnson County, Wyoming to another undisclosed buyer. The Johnson

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Equitrans Midstream & EQM Midstream Support Industry Efforts to Continue Reducing Methane Emissions

October 9, 2019

Equitrans Midstream Corporation (ETRN) and EQM Midstream Partners support the U.S. oil and gas industry’s ongoing efforts to reduce methane emissions and; therefore, respectfully oppose the U.S. Environmental Protection Agency’s (EPA) proposed rollback of methane regulations. “Americans have worked to

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