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Houston American Energy to Acquire 20% Stake in Permian Basin Asset
September 3, 2019
Houston American Energy has agreed to acquire 20 percent stake in an existing 5,871 gross acre block in the San Andres formation in the Northern Shelf of the Permian Basin in the US from an undisclosed seller. Financial terms of
Argan’s Subsidiary Gemma Power Systems to Commence Construction of Guernsey Power Station, Ohio
August 30, 2019
Argan’s wholly owned subsidiary, Gemma Power Systems, received Notice to proceed with engineering, procurement, and construction activities under a contract for a 1,875 MW natural gas-fired power plant in Guernsey County, Ohio. Construction of this state-of-the-art combined cycle facility is
Sasol Reaches Beneficial Operation at Lake Charles Ethane Cracker Facility, Louisiana
August 30, 2019
Sasol said its world-scale U.S. Ethane Cracker reached beneficial operation on August 27, 2019. Sasol’s new Cracker, the heart of its Lake Charles Chemicals Project (LCCP), is the third and most significant of the seven LCCP facilities to come online
Charah Solutions Awarded Event-Free Safety Award from Duke Energy in Florida
August 30, 2019
Charah® Solutions, a leading provider of environmental and maintenance services to the power generation industry, received a prestigious award from Duke Energy for its outstanding record of employee safety at the Crystal River Energy Complex in Citrus Country, Florida. The
Schneider Electric Strengthens Partnership with College of Southern Nevada with Donation
August 30, 2019
Schneider Electric has provided a $100,000 donation to the College of Southern Nevada (CSN) Foundation, contributing to a $3 million challenge match issued by the Engelstad Family Foundation, to support the new CSN and Nevada State College Engelstad Health Sciences
BP to Sell Its Alaska Upstream and Midstream Operations to Hilcorp for $5.6 Billion
August 29, 2019
Oil and gas giant BP has agreed to sell its entire upstream and midstream business in the US state of Alaska to Hilcorp Alaska for $5.6 billion. The sale includes BP Exploration (Alaska), which holds the company’s upstream oil and
Nebraska Court Approves Alternate Route of TC Energy’s Keystone XL Pipeline Project
August 29, 2019
The Nebraska Supreme Court has affirmed an approval made by Nebraska Public Service Commission (Nebraska Public Service PSC) pertaining to the alternate route of TC Energy’s Keystone XL Pipeline project through Nebraska, US. The Keystone XL Pipeline is a proposed
PDC Energy to Acquire SRC Energy for $1.7 Billion
August 29, 2019
PDC Energy has agreed to acquire rival US oil and gas company SRC Energy for about $1.7 billion in an all-stock transaction to create a premier mid-cap operator with peer-leading cost structure and free cash flow profile. The total consideration
TechnipFMC to Spin Off Its Engineering and Construction Business
August 29, 2019
Oil services provider TechnipFMC is set to spin off its engineering and construction (E&C) division into a separate firm to capitalize on the global energy transition while enhancing value creation. TechnipFMC will split its current business into two separate publicly
DGOC Acquires Natural Gas Gathering Systems in Pennsylvania and West Virginia
August 29, 2019
Diversified Gas & Oil PLC, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, is pleased to announce that it has entered into binding agreements to acquire two separate
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