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Pa. Governor Wolf Seeks $4.5 Billion Capital Program Paid by Marcellus Shale Tax
March 18, 2019
Gov. Tom Wolf is planning to ask lawmakers to approve a severance tax on Marcellus Shale natural gas production to finance a multibillion-dollar capital plan for a wide range of projects, from controlling floodwaters to fighting blight. Wolf, a Democrat,
Tallgrass Energy Extends Pony Express Open Season to Accommodate New Committed Shippers
March 15, 2019
Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline, has extended and expanded its open season soliciting shipper commitments for crude oil transportation service from origins in Wyoming and Colorado to refinery destinations along the Pony Express system and to
Imperial Ramps Down Aspen Oil Sands Project Development in Alberta, Canada
March 15, 2019
Imperial said today it has slowed the pace of development of its Aspen in situ oil sands project given market uncertainty stemming from Alberta government intervention and other industry competitiveness challenges. Imperial’s view remains that free markets work and intervention
Argonaut Private Equity Partners with Mammoth Carbon Products
March 15, 2019
Argonaut Private Equity, a Tulsa-based private equity fund, has investment in Mammoth Carbon Products, a Houston-based pipeline distribution company. Mammoth is an industry leader in carbon steel pipe distribution and services for the energy infrastructure markets. Established in 2014, Mammoth
Quorum Software Acquires Coastal Flow Measurement and Flow-Cal
March 15, 2019
Quorum Software, a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, has entered into a definitive agreement to acquire Houston-based Coastal Flow Measurement, a family of energy measurement services and software companies,
WekaIO Strengthens Oil & Gas Industry Presence with New Houston Office, Texas
March 15, 2019
WekaIO, the innovation leader in high-performance, scalable file storage for data-intensive applications, has opened a new office in Houston, Texas, along with the appointments of Darrin St. Amant as regional sales manager, and Jon Lavallee as senior systems engineer. This
MATHESON Acquires HyCO Business from Linde
March 15, 2019
MATHESON, a wholly owned subsidiary of TNSC Group, has completed its acquisition of the divested Linde HyCO business in the United States. The Linde HyCO business became available as a result of the global business combination of Linde and Praxair.
Dept. of Interior to Launch New Round of Gulf of Mexico Lease Sale in August
March 14, 2019
The US Department of the Interior (DOI) said that its agency Bureau of Ocean Energy Management (BOEM) has proposed to hold an auction for 78 million acres of oil and gas lease in the Gulf of Mexico. Dubbed as Lease
TPG Capital to Acquire Majority Stake in Goodnight Midstream for $930 Million
March 14, 2019
Global alternative asset firm TPG Capital has agreed to acquire a majority stake in Texas-based Goodnight Midstream for a sum of nearly $930 million from Tailwater Capital and private investors. Tailwater Capital and other existing shareholders of Goodnight Midstream, including
Enagás to Acquire Stake in Tallgrass Energy for $590 Million
March 14, 2019
Spanish energy company Enagás has signed an agreement with affiliates of Blackstone Infrastructure Partners and Singapore’s GIC to acquire a 10.93 percent indirect stake in US midstream company Tallgrass Energy, for $590 million. Blackstone has just completed a transaction worth
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