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RS Energy Group Acquires Petroleum Policy Intelligence
September 18, 2019
RS Energy Group (RSEG), the leading provider of advanced analytics and energy intelligence, has acquired UK-based Petroleum Policy Intelligence (PPI) to extend RSEG’s macro research offering. PPI is renowned for its expertise in Middle Eastern and North African energy policy
BP Launches Gas Cloud Imaging and Drones to Monitor Methane Emissions
September 17, 2019
BP said Tuesday it is launching a new system of gas cloud imaging and aerial drones to monitor and help reduce methane emissions around the world. The British energy major said it will deploy a system of continuous measurement of
Future Supply of Natural Gas Sees Largest Increase in 54-Year History
September 17, 2019
The Potential Gas Committee (PGC) and the American Gas Association (AGA) announced that the United States has a natural gas resource base of 3,374 trillion cubic feet (Tcf). It comes as a result of the PGC’s latest biennial assessment of
Natural Gas Prices Get Lift from New Pipeline Capacity
September 17, 2019
After enduring months of natural gas prices that moved into negative territory in March and largely remained there until August, Permian producers are starting to see higher prices. “Finally, we are seeing improvement on takeaway capacity for both gas and
New Jersey Wins Major Victory in Legal Challenge to PennEast Pipeline
September 16, 2019
In a major legal victory for the State and New Jersey’s environment, a federal appeals court today ruled that PennEast, a private company, cannot condemn State-owned lands in order to build part of its planned 116-mile natural gas pipeline across
IEA: U.S. Closing in on Saudi Arabia to Become World’s Top Oil Exporter
September 16, 2019
The International Energy Agency (IEA) expects the U.S. to challenge Saudi Arabia’s position as the world’s leading oil exporter, after briefly overtaking the OPEC kingpin to claim the number one spot earlier this year. “Booming shale production has allowed the
EVX Midstream Constructs Largest Water Gathering System in Eagle Ford Basin
September 16, 2019
EVX Midstream Partners, LLC today announced it has significantly completed the first phase of its water gathering systems in the Eagle Ford Basin. Additionally, on August 28th EVX closed on a new revolving credit facility at its affiliate, EVX Eagle
Hatch Acquires Upside Engineering
September 16, 2019
Hatch is pleased to announce that Upside Engineering Ltd. has joined Hatch Ltd., bringing together the largest oil and gas process team for complex upstream and downstream flowsheet development in Canada with a well-established firm that specializes in midstream hydrocarbon
Quanta Services Acquires Gas Utility Contractor Hallen Construction for $330 Million
September 13, 2019
Quanta Services, a specialized contracting services company, has acquired gas utility contractor The Hallen Construction (Hallen) and two speciality utility foundation and pole-setting contractors for approximately $330 million. The deal comprised nearly $328 million paid in cash, subject to working
Methane Emissions Continue to Drop as Gas Production Levels Increase
September 13, 2019
In the oil and natural gas industry, you don’t get very far without making use of valuable resources rather than treating them as waste. So, it probably shouldn’t surprise you that methane emissions in the United States have dropped 15
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