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KKR, Western Natural Resources Form Partnership to Pursue Oil and Gas Investments in Williston Basin
June 12, 2019
KKR and Western Natural Resources have formed a new partnership to acquire producing and undeveloped oil and gas assets in the Williston Basin. The Williston Basin includes meaningful existing production and high quality, well-defined remaining drilling inventory well suited to
Curtiss-Wright Signs Exclusive Cooperation Agreement with Saipem for Subsea Pump Technology
June 12, 2019
Curtiss-Wright Corporation has signed an exclusive cooperation agreement with Saipem for barrier fluid-less subsea pump technology for water treatment and injection applications. The development of the barrier fluid-less pump is a derivative technology application of Curtiss-Wright’s internationally recognized commercial nuclear
East Texas Natural Gas Could Get Boost from Pipeline, Terminal Project
June 11, 2019
His Houston company is close to a final decision on a $30 billion project to carry liquefied natural gas from fields in East Texas and West Texas to a terminal proposed in Lake Charles, Louisiana, John Howie said last month.
IEA: 2018 was Another Golden Year for Natural Gas
June 11, 2019
After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade. Demand for
Future of Permian Production is in Global Markets
June 11, 2019
Drill locally. Sell globally. That’s the mantra offered to those attending Hart Energy’s Midstream Texas conference last week at the Horseshoe. “We’re going to have to export significant amounts of incremental production, not just from Texas but from elsewhere in
Pennsylvania Governor Wolf Wants Severance Tax on Natural Gas
June 11, 2019
West Virginia legislators and lobbyists are vigorously debating raising the severance tax on oil and gas extraction. Proponents argue that the gas developers make millions and can afford the pay their fair share to maintain the state’s infrastructure and support
Permian Pushes U.S. Oil Output Higher than DOE Estimates
June 11, 2019
West Texas’ booming Permian Basin is churning out more oil than believed and pushing U.S. crude output even higher than the federal government estimates, according to a new report Thursday. U.S. oil production likely hit a record of 12.5 million
Court Lifts Injunction that Blocked Keystone XL Pipeline Construction
June 10, 2019
A 9th U.S. Circuit Court of Appeals panel nullified a key barrier to the construction of the Keystone XL pipeline, arguing that it no longer applies after the Trump administration replaced a permit earlier this year. The court ruled Thursday
U.S. On Track to Become Top LNG Exporter
June 10, 2019
Booming natural gas production is expected to propel the U.S. past Qatar and Australia to become the world’s top exporter of liquefied natural gas in the next five years, the International Energy Agency predicted in a report made public Friday.
Meridian Signs Agreement with Watco as Rail Logistics and Management Services for Davis Refinery
June 10, 2019
Meridian Energy Group, the emerging growth refining firm, has signed a Letter of Intent (LOI) with Watco Companies (Watco), a rail based transportation provider, under which Watco will serve as the Main Rail Management Contractor for the Davis Refinery with
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