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

Canada’s Apex Court Rules in Favor of Chevron in $9.5 Billion Oil Pollution Case

April 8, 2019

The Canadian Supreme Court has ruled against reviewing a Court of Appeal for Ontario decision that a $9.5 billion judgment by an Ecuadorian court against Chevron regarding an oil pollution dispute cannot be enforced against the company’s subsidiary in Canada.

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Pin Oak Energy Acquires SWEPI’s Utica Acres, North West Pennsylvania

April 5, 2019

Pin Oak Energy Partners has closed a transaction with SWEPI LP (Shell) for approximately 43,000 acres prospective for Utica shale development in northwestern Pennsylvania. The transaction increases Pin Oak Energy’s acreage position across the Appalachian Basin to 167,000 net deep

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Core Energy Advisors Selling Oklahoma Producing Oil and Gas Assets

April 5, 2019

River Ranch Capital has retained Core Energy Advisors to sell a package of interests in oil and gas properties in Oklahoma, which are primarily in the SCOOP play in Grady County. This acreage is 100 percent held by production (HBP),

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Empire Petroleum Acquires Producing Oil and Gas Assets in North Dakota and Wyoming

April 5, 2019

Empire Petroleum Corporation has acquired producing oil and gas assets located in Billings, Bottineau, Bowman, Burke, McHenry, McKenzie, Mountrail, Renville, Stark, and Williams counties in North Dakota and Richland and Sheridan counties in Montana through its wholly owned subsidiary, Empire

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ExxonMobil to Streamline Its Upstream Organization to Support Growth Plans

April 5, 2019

Exxon Mobil Corporation said it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. “We’re simplifying and integrating our upstream organization to better

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April 10: PIOGA Conference to Explore Solutions for Expansion of Pa’s Oil and Natural Gas

April 4, 2019

Thanks to the prolific Marcellus and Utica shales, Pennsylvania has quickly become the nation’s No. 2 natural gas producer over the past decade. That success, however, overshadows threats and concerns: how to provide natural gas to markets that are underserved

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World-scale Petrochemical Plant Planned in Belmont County, Ohio

April 4, 2019

If the development of a “world-scale” petrochemical plant in Belmont County comes to fruition, the economic impact will be felt far and wide in this region, according to experts in the gas and oil industry. Dan Alfaro of Energy In

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Gov. Baker Approves Statewide Review of Massachusetts’ Natural Gas Systems

April 4, 2019

Massachusetts Gov. Charlie Baker signed legislation Friday funding an examination of the state’s natural gas distribution system, a move prompted by recent gas line explosions. In September, gas explosions and resulting fires in the Merrimack Valley killed one person, injured

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Colorado Senate Delays Bill 181, Bill Grants Local Control on Oil and Gas Wells Location

April 4, 2019

One of the most consequential bills of the legislative session continues in a holding patten in the state Senate, after it was “laid over” again on Tuesday, just as it was Monday. Senate Bill 181, which would grant local control

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DOE Launches $39 Million for Oil and Natural Gas R&D Projects

April 3, 2019

Today, the U.S. Department of Energy (DOE) announced up to $39 million in federal funding for cost-shared research and development projects that aim to improve oil and natural gas technologies. The United States is now the world’s leader in both

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