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

Value Creation’s $1.5 Billion Bitumen Upgrader Project Gets Alberta Government Support

January 24, 2019

The Alberta government has agreed to support Value Creation’s (VCI) C$2bn ($1.5bn) bitumen upgrader project in the Alberta Industrial Heartland near Edmonton in Canada through a C$440m ($300.1m) loan guarantee. Through the bitumen upgrader project, diluted oil sands bitumen will

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LNG Canada Awards $702 Million Worth Contracts to Local Firms

January 24, 2019

LNG Canada revealed that it has so far approved contracts worth more than C$937m ($702.8m) to local Canadian enterprises for its proposed LNG export project near Kitimat, British Columbia. Among the contract winners of the LNG export project are local

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WorleyParsons Secures EPC Contract for Encana’s Pipestone Processing Facility, Canada

January 24, 2019

WorleyParsons has bagged an engineering, procurement, fabrication and construction (EPC) contract from Encana for the Pipestone Processing Facility in Alberta, Canada. Keyera Partnership, a subsidiary of Keyera, will own the Pipestone Processing Facility and provide processing services to Encana once

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Tallgrass Energy and Kinder Morgan Enter Agreement for Rockies Crude Oil Transportation Service

January 23, 2019

Tallgrass Energy (TGE) and Kinder Morgan (KMI) have entered into an agreement to jointly develop a solution to increase existing crude oil takeaway capacity in the growing Powder River and Denver-Julesburg basins and to add incremental capacity to the Williston

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Westmoreland Gas Acquires Gas Assets in West Virginia

January 23, 2019

Westmoreland Gas has acquired producing assets in West Virginia. The assets, which were producing approximately 16 MMcfe/d as of December 31, 2018, were acquired from a private seller and provide the basis for the company to become a premier Appalachia

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Koltek Energy Services Adds Additional Oilfield Maintenance and Repair Facility in Rocky Mountains

January 23, 2019

Koltek Energy Services, a nationwide energy services company, is expanding their repair and maintenance capabilities to service oilfield equipment and tools. Koltek will be adding both maintenance personnel and shop facilities in the Central Wyoming area. They are doing this

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CNX Files for Permit to Expand Mamont South 1 Pad in Washington, Pa.

January 22, 2019

CNX has applied to the state Department of Environmental Protection for a permit to drill four new wells to tap natural gas from Utica shale at an existing Marcellus shale well pad in Washington Township. The site is known as

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Canadian Indigenous Groups Weigh Trans Mountain Pipeline Deal to Ease Oil Glut

January 22, 2019

The Trans Mountain crude pipeline that Prime Minister Justin Trudeau’s government bought from Kinder Morgan Inc. last year is getting interest from some indigenous groups hurt by Canada’s oil price crunch. Five or six First Nation communities have approached the

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Tellurian Secures Final EIS from FERC for Its Driftwood LNG Export Terminal

January 21, 2019

The US Federal Energy Regulatory Commission (FERC) has issued the final Environmental Impact Statement (EIS) for Tellurian’s Driftwood LNG, a proposed liquefied natural gas (LNG) export facility, and its associated pipeline project on the US Gulf Coast. The Driftwood LNG

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Permian Shale Oil Boom Holds Good News and Bad News for OPEC

January 21, 2019

The year has barely begun but it’s already shaping up nicely for OPEC, with crude rebounding sharply after the worst fourth-quarter performance since 2014. A new production cuts deal with Russia and thawing U.S.-China trade relations have given the market

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