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ExxonMobil Breaks Ground on New Crude Unit at Beaumont Refinery, Texas
January 31, 2019
ExxonMobil has broken ground on a new unit at its Beaumont Refinery in Texas, US that will boost its crude refining capacity by more than 65 percent. Construction on the third crude unit at the Beaumont refinery follows the company’s
Ridgemont and Hatch Resources Partner to Invest in Oil and Gas Assets in Permian Basin
January 31, 2019
Hatch Resources, a newly formed oil and gas exploration and production company based in Austin, TX, and Ridgemont Equity Partners, a middle market buyout and growth equity firm, today announced a partnership to pursue the acquisition of oil and gas
University Lands Teams with Two Water Midstream Companies, Texas
January 31, 2019
Two midstream companies and University Lands have teamed up to address water logistics needs in the growing Delaware Basin. University Lands, which oversees 2 million acres of state-owned land in West Texas, has signed a contract with H2O Midstream and
Bagwell Energy Services Expanding in Louisiana, Will Create 150 Jobs
January 31, 2019
A Louisiana energy services firm is increasing its footprint at a local port, a move expected to create 150 new jobs over five years. Gov. John Bel Edwards announced Monday that Bagwell Energy Services intends a $2.5 million expansion at
Sentry Energy Solutions Acquires Himarc Environmental Solutions
January 30, 2019
Sentry Energy Solutions has acquired Himarc Environmental Solutions. Himarc provides natural gas engine emissions testing and onsite gas leak detection services with state of the art, FLIR Infrared Optical Imagery cameras. The company also offers water testing, environmental site assessments,
PG&E Files for Reorganization Under Chapter 11
January 30, 2019
PG&E Corporation and its primary operating subsidiary, Pacific Gas and Electric Company, filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of California. “Our most important responsibility is
WBI Energy Set to Start North Bakken Gas Pipeline Expansion Project, North Dakota
January 29, 2019
A new natural gas pipeline is proposed for the core of the Bakken. MDU Resources Group has announced that subsidiary WBI Energy plans to construct the North Bakken Expansion Project, adding 67 miles of pipeline in Williams and McKenzie counties.
Republican Senators Introduce Bill to Streamline Oil and Gas Development Permitting
January 29, 2019
Several Republican Senators have reintroduced a bill to streamline oil and gas development permitting in the U.S., aimed at boosting mineral revenues for states and reducing regulatory burdens and costs. U.S. Senator John Barrasso (R-WY), together with Senators Mike Enzi
Shale Drilling Expands as Oil Rebounds
January 29, 2019
Oil explorers expanded drilling in U.S. fields for the first time this year as rising crude prices buoyed optimism. The number of rigs targeting oil in the country rose by 10 this week to 862, according to data released Friday
Plans to Unlock Offshore Resources is Great News for America’s National Security
January 29, 2019
U.S. District Judge Richard Gergel recently barred the Interior Department from moving forward with its offshore drilling plans until the federal government reopens. According to his injunction, the department is prohibited “from taking action to promulgate permits ... or take
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