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Total and Tellurian Sign HOA for $500 Million Equity Investment in Driftwood Project, Louisiana
April 3, 2019
Tellurian and Total S.A. said that the two companies have signed a heads of agreement (HOA) for Total to make a $500 million equity investment in the integrated Driftwood project and to purchase one million tonnes per annum (1 mtpa)
EagleClaw Midstream Finalizes Final Investment Decision on Delaware Link Pipeline
April 3, 2019
EagleClaw Midstream, a portfolio company of Blackstone Energy Partners and I Squared Capital, released a series of commercial and organizational milestones. DELAWARE LINK PIPELINE EagleClaw has made a final investment decision to proceed with construction of the Delaware Link pipeline,
BP Opens New Center at the University of Illinois to Develop Sustainable IT Solutions
April 3, 2019
The University of Illinois said BP, one of the world’s largest energy companies, has opened an information technology center at the University of Illinois Research Park. The new center will provide BP with better access to the next generation of
Noble Midstream Secures $200 Million for Development of EPIC Crude Pipeline
April 3, 2019
Noble Midstream Partners has secured a $200 million equity commitment (preferred equity) from Global Infrastructure Partners Capital Solutions Fund (GIP) to fund capital contributions to Dos Rios Crude Intermediate LLC, a newly-formed subsidiary holding Noble Midstream’s 30 percent equity interest
Chevron Australia Begins Gas Supply from Wheatstone LNG Facility
April 2, 2019
Chevron Australia has started gas deliveries from the domestic gas plant of the $34 billion Wheatstone LNG facility in the Pilbara region in Western Australia. The Wheatstone LNG facility, which primarily features two liquefied natural gas (LNG) trains, has a
President Trump Issues New Permit to Allow Keystone XL Pipeline Project to Move Forward
April 2, 2019
American President Donald Trump has issued a new permit to allow TransCanada to move ahead with the construction of the $8 billion Keystone XL pipeline project, which so far has been facing hurdles on environmental grounds. The new Presidential Permit
Mirage Secures $1.2 Billion for Concho/Progreso Project, Mexico
April 2, 2019
Mirage Energy has proposed to sell its 100 percent participating interest in its $1.2 billion Concho/Progreso project to France-incorporated Organization Mondiale De development (OMD). The Concho/Progreso project comprises a US-Mexico pipeline system that will span around 413km, and a natural
Petroteq Energy Achieves Record Production at Oil Sands Project
April 2, 2019
Petroteq Energy, a fully integrated oil and gas company, is proud to announce that it is has been continuously producing in excess of 500 barrels a day for the last two weeks. This is a significant milestone as the company
North America to Account for 72% of LNG Growth Between 2019 and 2023
April 1, 2019
Global LNG growth will be driven primarily by North America over the next four years, according to GlobalData, with the US pioneering natural gas. North America will be the key driver of global LNG growth over the next four years,
First Reserve and SK Holdings to Invest $300 Million in Blue Racer Midstream
April 1, 2019
First Reserve has signed an agreement with SK Holdings, for an investment of $300 million into a fully integrated midstream company Blue Racer Midstream. In December 2018, First Reserve has acquired a 50 percent interest Blue Racer Midstream, which holds
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