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Xcel Energy to Acquire Southern Power’s Mankato Energy Center, Minnesota
November 9, 2018
Xcel Energy has agreed to purchase the Mankato Energy Center, a 760-megawatt natural gas power plant from Southern Power, a subsidiary of Atlanta-based Southern Company. The plant currently provides power to Xcel Energy customers under a power purchase contract. “Securing
Massif Oil & Gas II Form Partnership with NGP to Develop Powder River Basin Assets
November 9, 2018
Massif Oil & Gas II, LLC has partnered with NGP to form Massif II. Massif II will leverage its proprietary relationships and operational expertise to acquire and develop top-tier oil-weighted assets in the Powder River Basin. The Bozeman, Montana based
Energy Transfer to Build Seventh Fractionation Facility and Expand Lone Star Express Pipeline
November 9, 2018
Energy Transfer’s subsidiary, Lone Star NGL, will construct a seventh natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas. Fractionator VII is scheduled to be operational in the first quarter of 2020. The 150,000 barrel per day fractionator is
Conestoga Energy Halts Production at Diamond Ethanol Facility, Texas
November 9, 2018
Conestoga Energy Holdings said it is temporarily halting production at Diamond Ethanol, LLC located at Levelland, Texas. “Given current ethanol production economics, we felt it in the best interest of our company and the industry to take gallons off the
Pieridae Secures Construction Permit for Goldboro LNG Facility, Nova Scotia
November 8, 2018
Pieridae Energy has secured approval from the Nova Scotia Utility and Review Board (NSUARB) to move ahead with the construction of its Goldboro LNG Facility, The Goldboro LNG Facility is an export and storage liquefied natural gas (LNG) project in
Encana to Acquire Newfield Exploration for $5.5 Billion
November 8, 2018
Canadian oil and gas company Encana has signed an agreement to acquire Newfield Exploration Company in a transaction valued at approximately $5.5bn. Following the completion of the transaction, Encana shareholders will hold nearly 63.5 percent of the combined company, while
Enterprise Breaks Ground on Mentone Gas Processing Plant in Delaware Basin
November 8, 2018
Enterprise Products Partners has started construction of the Mentone cryogenic natural gas processing plant located in Loving County, Texas. The facility, which is expected to begin service in the first quarter of 2020, will have the capacity to process 300
Colorado Voters Reject Curbs on Fracking
November 8, 2018
Colorado voters decided Tuesday to reject a measure that would have blocked drilling in most of one of America’s largest oil- and gas-producing states. Coloradans shot down a ballot initiative banning new oil and gas drilling within 2,500 feet of
Energy Transfer Receives FERC Approval for Final Two Laterals on Rover Pipeline, W. Va.
November 7, 2018
Energy Transfer said that Rover Pipeline received approval from the Federal Energy Regulatory Commission (FERC) to commence natural gas service on the final laterals needed to complete the Rover Pipeline project. The Sherwood Lateral, the CGT Lateral and the associated
Pioneer Natural Resources to Sell Its South Texas Sinor Nest Oil Assets for $132 Million
November 7, 2018
Pioneer Natural Resources Company has signed a purchase and sale agreement with an undisclosed third party to sell approximately 2,900 net acres in the Sinor Nest (Lower Wilcox) field for net proceeds of $132 million, subject to normal closing adjustments.
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