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

Altus Midstream Acquires Stake in Enterprise’s Shin Oak Pipeline

August 9, 2019

Enterprise Products Partners and Altus Midstream Company has closed on Altus’ acquisition of a 33 percent equity interest in the Enterprise subsidiary that owns the Shin Oak natural gas liquids (NGL) pipeline. The 658-mile Shin Oak Pipeline transports growing NGL

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NGL Energy Partners to Sell Its Southeast Refined Products Assets for $300 Million

August 9, 2019

NGL Energy Partners has signed a definitive agreement to sell TransMontaigne Product Services (TPSL) and associated assets to a strategic buyer with substantial assets for estimated proceeds of approximately $300 million. The divested assets include: • TPSL terminaling services agreement

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EthosEnergy Takes Over Operations and Maintenance of Louisiana Cogeneration Facility for ExxonMobil

August 9, 2019

EthosEnergy has recently taken over operations and maintenance of the Louisiana Station power plant for ExxonMobil, a combined cycle cogeneration facility that supplies power and steam to their adjacent integrated refining and chemicals complex in Baton Rouge, Louisiana. The five

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Enbridge to Hold Open Season for Transportation Services on Canadian Mainline Pipeline System

August 8, 2019

Enbridge Inc. announced it will be holding an open season for transportation services on the Canadian Mainline pipeline system. The Canadian Mainline is a common carrier pipeline system with 100 percent of its transportation capacity currently available to shippers on

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Echodyne Pioneers Drone Flight Over Trans-Alaska Pipeline

August 8, 2019

Echodyne, Iris Automation and Skyfront ensure safety of first ever BVLOS flight without human observers conducted by University of Alaska Fairbanks’ UAS IPP team. Echodyne, the manufacturer of innovative, high-performance radars for government and commercial markets, announced today that its

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Delek US to Acquire Stake in Wink to Webster Pipeline, Texas

August 8, 2019

The 1,046km long Wink to Webster Pipeline is designed to deliver more than a million barrels of crude oil and condensate per day from the Permian Basin to the Texas Gulf Coast Delek US has agreed to take a 15

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Salt Creek Midstream Launches Binding Open Season for Delaware Basin

August 7, 2019

SCM Crude, a wholly-owned subsidiary of Salt Creek Midstream has launched its binding open season to solicit binding commitments for priority (firm) crude oil interstate gathering and transportation service on its proposed Delaware Basin crude oil gathering and transportation system.

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Caliber Midstream Acquires American Midstream Partners’ North Dakota Assets

August 7, 2019

Caliber Midstream Holdings has acquired the North Dakota assets previously owned by American Midstream Partners. The acquisition expands Caliber’s crude oil gathering and transportation service lines and widens Caliber’s area of operations within McKenzie County, North Dakota. “This bolt-on acquisition

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Black Bear Midstream Enters Gas Gathering and Processing Agreement, Louisiana

August 7, 2019

Black Bear Midstream, a portfolio company of funds managed by Oaktree Capital Management, has entered into a seven year gas gathering and processing agreement with a Cotton Valley producer in Desoto and Caddo Parishes, Louisiana. “We continue to execute on

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Texas Deepwater Partners and Shell Complete Refurbishment Project of Deer Park Rail Terminal

August 7, 2019

Texas Deepwater Deer Park Terminal, a wholly owned subsidiary of Texas Deepwater Partners (TDWP) have completed the retrofit and refurbishment project at the Deer Park Rail Terminal (DPRT) on the Houston Ship Channel on time and on budget. The DPRT

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