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

Despite Shutdown, BLM Pushes Ahead with ANWAR Meeting, Alaska

January 15, 2019

Jan. 7 update: The new Democratic chairman of the House Natural Resources Committee is demanding details on how the Department of the Interior is continuing its push toward oil lease sales in the Arctic National Wildlife Refuge despite the partial

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New Mexico’s Land Commissioner Looks at Higher Royalty Rates for Oil and Gas Production

January 15, 2019

State Land Commissioner Stephanie Garcia Richard is working on a bill with New Mexico lawmakers to allow higher royalty rates for oil and natural gas production on state trust land. Garcia Richard said Tuesday that she wants New Mexico to

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Department of Energy to Fund $88 Million for Oil and Gas Recovery Research Projects

January 14, 2019

The US Department of Energy’s (DOE) Office of Fossil Energy has announced a funding of up to $88m for oil and natural gas recovery research and development. The DOE funding will be allotted to cost-shared research and development projects with

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BP Approves $1.3 Billion Expansion of Atlantis Oil Field, Gulf of Mexico

January 14, 2019

BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US. The firm’s final investment decision for the latest development of the Atlantis oil field comes after detecting the presence

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SemGroup and KKR Form Midstream Infrastructure Joint Venture, Canada

January 14, 2019

SemGroup, an Oklahoma-based midstream company, and global investment firm KKR have formed a joint venture (JV) to create a Canadian midstream infrastructure platform, SemCAMS Midstream. As per the JV terms, SemGroup will contribute the shares and assets of its Canadian

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Discovery Midstream Secures $1 Billion Investment for Opportunities in North America

January 14, 2019

Discovery Midstream Holdings II, a Texas-based midstream company, has secured an initial equity commitment of up to $1bn from Stonepeak Infrastructure Partners. The new investment from Stonepeak will be used by Discovery to go after a suite of midstream opportunities

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Seaway Crude Oil Pipeline Begins Open Season

January 11, 2019

Seaway Crude Oil Pipeline Company has started a binding open season to gauge shipper support for expanded crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area. The expansion could provide

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U.S. Processes Oil, and Gas Permits During Shutdown

January 10, 2019

President Donald Trump’s administration is continuing to process drilling permits and open acreage to oil and gas development during a government shutdown now in its 18th day. Those actions could blunt the effects of the shutdown on the oil and

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Virginia Board Approves Air Permit for Atlantic Coast Pipeline Gas Compressor

January 10, 2019

Virginia regulators on Tuesday approved a permit for a natural gas compressor station in the community of Union Hill in Buckingham County, angering opponents who vowed to keep fighting in protests and in court. The state Air Pollution Control Board

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BP’s Investment in Next-generation Technology Pays Off, Makes Huge Discovery in Gulf of Mexico

January 10, 2019

BP’s investment in next-generation technology just paid off to the tune of a billion barrels of oil. The British energy company has discovered 1 billion barrels of crude at an existing oilfield in the Gulf of Mexico. BP also announced

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