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Developers in Massachusetts Push for Relief from Natural Gas Moratorium
December 3, 2018
It’s shaping up to be a chilly winter for Greater Boston’s development community. Trade group NAIOP Massachusetts has been pushing the Baker administration for help with the state moratorium on natural gas hookups in National Grid’s territory. The stoppage and
Oil and Natural Gas Severance Tax Payments Increase by Millions, W. Va.
December 3, 2018
Natural gas is having a tremendous impact on West Virginia’s budget and in local economies throughout the state. The West Virginia oil and natural gas industry paid more than $138 million in severance taxes in fiscal year 2018, an increase
Chevron Starts First Oil From Big Foot Project, Deepwater Gulf of Mexico
November 30, 2018
Chevron’s Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located approximately 225 miles (360 km) south of New Orleans, Louisiana, in a water depth of approximately
The Carlyle Group to Acquire Emera’s New England Gas-Fired Generation Facilities for $590 Million
November 30, 2018
Emera Inc. has agreed to sell its three natural gas-fired generation facilities in New England, known as Bridgeport Energy, Tiverton Power, and Rumford Power, to an affiliate of The Carlyle Group for $590 million (C$780 million). Together, the facilities have
Texas-Based HR Consulting and Talent Acquisition Firm ClickOnHR Opens Permian Basin Office
November 30, 2018
“I love doing business in the Permian Basin. People here still operate on manners, respect and a handshake,” said ClickOnHR’s VP of Talent Acquisition, Heather Sanchez, explaining why she and the company’s CEO, Rya Stone, SPHR, have opened a satellite
Inter Pipeline to Acquire NuStar Energy’s European Operations for $270 Million
November 30, 2018
NuStar Energy L.P. has entered into an agreement to sell its European terminals and related assets to Inter Pipeline Ltd.’s European storage subsidiary, Inter Terminals Ltd., for $270 million. The operations include six liquids storage terminals in the United Kingdom
North Dakota Grows Into Its Ongoing Oil Boom
November 29, 2018
The U.S. hit a milestone this year, producing more crude oil than any other country, and North Dakota is a big reason for that. After a lull when prices collapsed in 2014, the state is setting new production records and
Capital Product Partners Merge Tanker Assets with DSS in $1.65 Billion Deal
November 29, 2018
Capital Product Partners (CPLP), a Marshall Islands master limited partnership, has agreed to merge its crude and product tanker business with US-based tanker company DSS in an all-stock deal worth $1.65bn. As part of the agreement, CPLP will first spin
Ensign Energy Acquires Majority Stake in Canada-based Trinidad Drilling
November 29, 2018
Ensign Energy Services, which is planning to take over Canada-based Trinidad Drilling, has acquired an additional stake of 56.38% in the latter at $1.68 per share. In August 2018, the Canadian oilfield services provider offered to take full ownership of
Pitt Researchers Study Benefits of Co-Treating Acid Mine Drainage and Shale Gas Wastewater, Pa.
November 29, 2018
Pennsylvania’s energy history is rich with the quantities of fossil fuels that it has produced, but is also rife with the environmental legacies of coal mining and, more recently, hydrofracturing. Water that finds its way into abandoned coal mines dotted
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