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Department of Interior Approves Hilcorp’s Liberty Oil and Gas Project, Alaska
October 29, 2018
The US Department of the Interior (DOI) has conditionally approved Hilcorp Alaska’s development and production plan for the proposed Liberty Oil and Gas Project in Beaufort Sea. The department’s Bureau of Ocean Energy Management (BOEM) issued the approval for the
Oregon Governor Imposes Ban on Offshore Drilling
October 29, 2018
Oregon Governor Kate Brown has signed an executive order that bans offshore drilling along its coast on grounds of environmental concerns. The executive order issued by the governor orders the Oregon state agencies to protect the state’s coastal economy by
U.S. Chamber Comments on New York Lawsuit Against ExxonMobil
October 26, 2018
Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR) made the following statement about the lawsuit filed today by New York State against ExxonMobil using the Martin Act: “Climate change is a serious issue that should
PG&E Recognized for Outstanding Customer Service for Second Year in a Row
October 26, 2018
Pacific Gas and Electric Company (PG&E) has won a prestigious award for its customer service. The Edison Electric Institute (EEI) said that PG&E is a recipient of its 2018 Awards for Outstanding National Key Accounts Program Award for Outstanding Customer
Preferred Sands Commences Commercial Operations at Oakwood Sand Mine, Oklahoma
October 26, 2018
Preferred Proppants has commenced commercial operations at its Oakwood sand mine and facility, further expanding the company’s national in-basin sand footprint and continuing its localization strategy aimed at reducing the cost of sand and associated logistics for customers in the
Aqua America to Acquire Natural Gas Utility Peoples in $4.3 Billion Deal
October 25, 2018
Aqua America has signed an agreement to acquire Peoples for an enterprise value of $4.275bn, including the assumption of about $1.3bn of debt. The acquisition by the Pennsylvania-based water utility company Aqua America includes Peoples Natural Gas Company, Peoples Gas
Supernova Energy to Acquire Additional Oil Leases in Kentucky
October 25, 2018
Supernova Energy has entered into a letter-of-intent with a privately-held Kentucky corporation to acquire additional oil leases in Kentucky. The leases are oil producing and/or have significant oil production potential. All leases are held by production. The proposed lease purchase
Nostra Terra Acquires Tall City’s Mesquite Prospect in Permian Basin
October 25, 2018
Nostra Terra, a British oil and gas exploration and production company involved in the exploitation of hydrocarbon resources in the US and Egypt, has announced the acquisition of the Mesquite Prospect in the Permian Basin from Tall City Exploration III.
CSL-led Group to Acquire Weatherford Lab Services Business for $205 Million
October 25, 2018
Weatherford International, a US-based oilfield service company, has agreed to offload its laboratory services business to a consortium led by CSL Capital Management for $205m in an all-cash deal. As per the terms of the deal, Weatherford will sell its
BP Begins Production at Thunder Horse Northwest Expansion Project, Gulf of Mexico
October 23, 2018
BP has commenced production from the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico. The Thunder Horse Northwest Expansion project was taken up to boost production at the Thunder Horse field in the Mississippi Canyon by an
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