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

American Petroleum Institute Releases Statement on President’s State of the Union Address

February 12, 2019

American Petroleum Institute President and CEO Mike Sommers released the following statement on President Trump’s State of the Union address, which highlighted two crucial API priorities: 21st century energy infrastructure and passage of the United States, Mexico, and Canada Agreement:

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ArcLight Acquires Sempra Energy’s U.S. Natural Gas Storage Assets for $328 Million

February 11, 2019

Sempra Energy has completed the sale of its non-utility U.S. natural gas storage facilities to an affiliate of ArcLight Capital Partners for $328 million in cash. The Mississippi Hub storage facility and the Bay Gas storage facility are the two

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House Energy Committee OK’s Natural Gas Expansion, Could Offer Incentive to Drillers

February 11, 2019

The House Energy Committee approved a bill intended to help keep natural gas supplies flowing to communities served by old vertical wells that are producing little gas or are uneconomical to run. HB 2661 is backed by Dominion Energy and

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Atlantic Coast Pipeline Delayed Amid Increasing Costs Caused by Permit Delays

February 11, 2019

The completion of the Atlantic Coast Pipeline has been delayed amid a projected cost increase to more than $7 billion, about $2 billion to $3 billion more than initial projections. In a separate development, two research organizations released a report

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Golden Pass LNG to be Cornerstone Shipper for Enable Midstream’s Gulf Run Pipeline Project

February 8, 2019

Enable Midstream Partners said that an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project. Golden Pass is a joint venture between affiliates of Qatar Petroleum and ExxonMobil. Golden Pass said it had

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Baker Hughes to Supply Turbomachinery Equipment for Golden Pass LNG Export Facility in Texas

February 8, 2019

Baker Hughes, a GE company, will supply turbomachinery equipment for the construction of the Golden Pass LNG export facility in Sabine Pass, Texas. The project is expected to produce around 16 million tons per year of LNG. BHGE will provide

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Pembina Approves $382 Million Expansion of Peace Pipeline System, Alberta

February 7, 2019

Pembina Pipeline said that it will move ahead with a phase VIII expansion of its Peace pipeline system in the Canadian province of Alberta with an investment of around C$500m ($382.04m). The latest expansion of the Peace Pipeline system is

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Qatar and ExxonMobil Move Forward with $10 Billion Golden Pass LNG Export Project, Texas

February 7, 2019

Qatar Petroleum (QP) and ExxonMobil have reached a final investment decision to move ahead with their $10bn Golden Pass LNG export project in Texas. The partners expect to break ground on the Golden Pass LNG export project in Sabine Pass

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Pembina and PIC Move Forward with $3.4 Billion Petrochemical Facility, Alberta

February 7, 2019

Canada Kuwait Petrochemical (CKPC), a joint venture between Pembina Pipeline and Kuwait-based Petrochemical Industries (PIC), will move ahead with the construction of an integrated petrochemical facility in Alberta, Canada with an investment of C$4.5bn ($3.43bn). Both Pembina Pipeline and PIC

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Noble Energy Acquires Stakes in Two Permian Basin-to-Corpus Christi Pipelines

February 7, 2019

A subsidiary of Houston oil company Noble Energy purchased stakes in a pair of pipelines to move crude oil and natural gas liquids from the Permian Basin to the Port of Corpus Christi. Houston pipeline and storage terminal operator Noble

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