NEWS— Click on text to read news by category: General | Product | People | Worldwide
Weatherford Files for Bankruptcy Protection
July 9, 2019
The oilfield services company Weatherford International filed for Chapter 11 bankruptcy protection Monday, after struggling to assimilate the companies it bought during a quest for growth, taking on too much debt and fighting to recover from falling oil prices in
Inter Pipeline Completes Kirby North Connection Project, Canada
July 9, 2019
Inter Pipeline Ltd. has successfully placed into service a diluent and bitumen blend pipeline connection to Canadian Natural’s Kirby North oil sands project. The connection is underpinned by a long-term take-or-pay agreement that will provide Inter Pipeline with stable cash
Indigenous-led Group Project Reconciliation to Bid for Majority Stake in Trans Mountain Pipeline
July 9, 2019
An indigenous-led group that goes by the name Project Reconciliation is set to make a formal bid to acquire a majority stake in the 1,150km-long Trans Mountain pipeline in Canada. The Trans Mountain pipeline is owned by Trans Mountain, a
McDermott, Chiyoda and Sempra Strike Deal to Accelerate Cameron LNG Project
July 8, 2019
McDermott International and Chiyoda International are set to get an additional performance-based payments based on certain milestones of the Cameron LNG project in Louisiana from Sempra Energy. The two companies, through a joint venture called CCJV, are the engineering, procurement
Oilfield Waste Disposal Services Provider Milestone Acquires Water Disposal Network in Texas
July 8, 2019
Milestone Environmental Services, an oilfield waste disposal services provider, announced the acquisition of an asset package containing three leases and four injection permits located in Howard County, Texas. In addition, the company has broken ground on a new slurry injection
Flint Hills Resources Retains J.P. Morgan to Market Ingleside Crude Oil Terminal, Texas
July 8, 2019
Flint Hills Resources has hired J.P. Morgan to market and explore sales options for its crude oil terminal and fuel loading operations at Ingleside, Texas. This process is intended to identify all strategic alternatives for the future of the Ingleside
Venture Global LNG Raises $675 Million to Advance Plaquemines LNG Project, Louisiana
July 2, 2019
Virginia-based Venture Global LNG has secured an additional capital of $675 million (£533.45 million) from institutional investors, which it intends to use mainly for advancing the Plaquemines LNG export project in Louisiana. The $8.5 billion (£6.72 billion) LNG project to
FERC’s Draft EIS for Alaska LNG Project Outlines Mitigation Measures
July 2, 2019
The US Federal Energy Regulatory Commission (FERC) has issued a draft environmental impact statement (EIS) for the proposed $45 billion (£35.48 billion) Alaska LNG Project of Alaska Gasline Development Corporation (AGDC), outlining that the project will have an impact on
Northleaf Capital Partners Acquires CSV Midstream Solutions
July 2, 2019
CSV Midstream Solutions and Northleaf Capital Partners announced that they have entered into a strategic investment partnership. With this partnership, infrastructure funds managed by Northleaf have acquired 100 percent of CSV Midstream, including the 100 MMcf/day Resthaven gas processing facility
Talos Energy Completes Zama Appraisal Program in Mexico’s Sureste Basin
July 2, 2019
US-based oil and gas exploration company Talos Energy has announced completion of the Zama appraisal program in Block 7, located in the offshore portion of Mexico’s prolific Sureste Basin. Talos is the operator of the Block 7 as part of
Page 516 of 753 pages ‹ First < 514 515 516 517 518 > Last ›
