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Trump Administration Rolls Back Obama-Era Offshore Drilling Regulation
October 1, 2018
The Trump administration rolled back another Obama-era regulation, rescinding a rule pertaining to the offshore drilling industry. The Department of the Interior on Thursday announced changes to the 2016 oil and gas production safety systems rule, offshore drilling regulations that
W&T Offshore to Sell Permian Basin Asset for $56.8 Million
October 1, 2018
W&T Offshore, a Texas-based oil and gas company, has agreed to sell its ownership in overriding royalty interests in the Permian Basin for $56.8m to an undisclosed buyer. The transaction, subject to customary closing conditions and adjustments, is expected to
ONEOK to Invest $1.5 Billion in Midstream Infrastructure Projects
October 1, 2018
ONEOK has revealed a midstream infrastructure investment of around $1.5bn for the construction of additional natural gas liquids (NGL) and natural gas infrastructure in the US. The new midstream infrastructure investment from the Oklahoma-based company will be used for developing
MPLX Acquires Mt. Airy Terminal for $450 Million, U.S. Gulf Coast
October 1, 2018
MPLX, the master limited partnership of Marathon Petroleum, has acquired the Mt. Airy Terminal an eastern US Gulf Coast export terminal in Louisiana, from Pin Oak for around $450m. The Mt. Airy Terminal, which is located on the Mississippi River
Coal Operator Murray Energy Fighting Back Against Growing Natural Gas Industry in W. Va.
October 1, 2018
Three years ago, a group of residents in West Virginia’s northern panhandle formed a new group, the Ohio Valley Jobs Alliance, and declared themselves a “voice for local jobs.” A few months later, however, the group’s first major action was
Enable Midstream to Build Gulf Run Pipeline, Facilitate Gas Export
September 27, 2018
Enable Midstream Partners, LP recently announced its intention to build a 165-mile interstate natural gas shipment project, namely the Gulf Run Pipeline. The partnership’s wholly-owned unit, Enable Gulf Run Transmission, LLC will develop the pipeline, which will bring in gas
US State Department: Keystone XL Pipeline Project Will Not Impact Environment
September 25, 2018
The US State Department has come to a conclusion that the $8bn Keystone XL pipeline project planned by TransCanada will not have any significant impact on the environment. The 1,900km long Keystone XL pipeline project will not cause any harm
Dominion Offers to Acquire Dominion Energy Midstream Partners in $2.2 Billion Deal
September 24, 2018
Dominion Energy has proposed to acquire a stake of 85 percent or so it previously didn’t own in Dominion Energy Midstream Partners (DM) in an all-stock deal worth around $2.2bn. Headquartered in Virginia, Dominion Energy Midstream Partners is a Delaware
Taproot Energy Acquires Additional Acreage in DJ Basin, Colorado
September 24, 2018
Taproot Energy Partners’ affiliate Taproot Rockies Midstream has signed agreements with an undisclosed operator to expand its multi-product midstream system in central Weld County, Colorado through an acreage acquisition. The substantial acreage dedication to Taproot is a strategic bolt-on opportunity
Williams Seeks FERC Nod to Commission Atlantic Sunrise Pipeline Project
September 24, 2018
Williams has requested the US Federal Energy Regulatory Commission (FERC) to give its consent to the commissioning of its Atlantic Sunrise pipeline project, a $3bn expansion of the company’s existing 16,415km Transco natural gas pipeline system. The request to the
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