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Energy Transfer, Magellan, MPLX, and Delek to Jointly Construct Permian Gulf Coast Pipeline
September 19, 2018
Energy Transfer Partners, Magellan Midstream Partners, MPLX, and Delek US Holdings have received sufficient commitments to proceed with plans to construct a new 30-inch diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf
Southwestern Energy to Sell Fayetteville Shale Business for $1.865 Billion
September 19, 2018
Southwestern Energy Company has entered into a definitive agreement with Flywheel Energy, LLC, a private company backed by Kayne Private Energy Income Funds, to sell its Fayetteville Shale E&P and related midstream gathering assets for $1.865 billion in cash, subject
MATHESON Continues Strategic Expansion in Midwest with Acquisition of Weld Equipment
September 19, 2018
MATHESON has continued its strategic expansion with the acquisition of Weld Specialty Gas & Equipment, Inc., located in Milwaukee, Wisconsin. Weld Specialty Gas & Equipment was founded in 1980 and is a well-established supplier of industrial, specialty, and bulk gases,
DOE Awards Leidos/Battelle Team Research Support Contract at NETL
September 19, 2018
The United States Department of Energy has awarded the team of Leidos and Battelle a $364.7 million Research Support Services (RSS) contract at the National Energy Technology Laboratory (NETL). The award was conferred on June 25, and full operational control
Hammerhead Resources Secures $230 Million Investment Led by Riverstone to Advance Projects
September 18, 2018
Hammerhead Resources, a Canadian oil and gas producer focused on the Montney play in Alberta, has secured an equity commitment of up to C$300m ($230.25m) led by affiliates of global private investment firm Riverstone. Through the new equity investment, priced
Kosmos Energy Completes $1.2 Billion Acquisition of Deep Gulf Energy
September 18, 2018
Kosmos Energy, a Dallas-based oil and gas company, has wrapped up its $1.225bn acquisition of Deep Gulf Energy (DGE), a deepwater operator in the Gulf of Mexico, from global private equity investment firm First Reserve and other shareholders. The stock-cum-cash
Cheniere Energy Signs 15-year LNG Supply Agreement with Vitol
September 18, 2018
Cheniere Energy announced that its subsidiary Cheniere Marketing has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Vitol. Under the SPA, Vitol has agreed to purchase approximately 0.7 million tonnes per annum of LNG from
Matador Resources Acquires $387M of Acreage in BLM’s New Mexico Oil and Gas Lease Sale
September 17, 2018
Matador Resources has revealed that it has recently acquired 8,400 gross acres in Lea and Eddy Counties in New Mexico during the Bureau of Land Management (BLM) New Mexico Oil and Gas Lease Sale for a price of around $387m.
Sumitomo and Freeport Sign Agreement for Liquefaction Tolling Services
September 17, 2018
Japan’s Sumitomo and Freeport LNG have signed a heads of agreement (HoA) for liquefaction tolling services for 2.2 million tons per annum (Mtpa) of LNG. Under the HOA, SCOA, a subsidiary of Sumitomo Corporation, has agreed to negotiate for a
Air Products to Build Liquid Hydrogen Plant at La Porte, Texas
September 17, 2018
Air Products has announced plans to construct a new liquid hydrogen plant at its La Porte, Texas industrial gas facility. With capacity to produce approximately 30 tons per day, the new liquid hydrogen plant of Air Products is intended to
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