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Oryx Midstream Extends Binding Open Season in the Delaware Basin
September 7, 2018
Oryx Midstream Services II, LLC has extended the joint open season currently being held by its operating subsidiaries, Oryx Delaware Oil Gathering New Mexico, Oryx Delaware Oil Gathering Texas, Oryx Western Delaware Oil Gathering, and Oryx Delaware Oil Transport, for
BLM Lifts Work Stoppage Order at Mountain Valley Pipeline Project, W. Va.
September 7, 2018
Mountain Valley Pipeline, LLC released the following statement in response to individual orders issued by the Federal Energy Regulatory Commission (FERC) and the U.S. Court of Appeals for the Fourth Circuit on August 29, 2018, for the Mountain Valley Pipeline
Parsons Named EPC Partner for $3.4 Billion Natural Gas Storage Facility, Appalachian Basin
September 6, 2018
Parsons has been named as the engineering, procurement and construction (EPC) partner by the Appalachia Development Group (ADG) for its $3.4bn Appalachia Storage and Trading Hub (ASTH) project in the US. The ASTH is a proposed underground storage facility for
Eni Acquires Caelus’ 124 Onshore Exploration Leases, Alaska
September 6, 2018
Eni has acquired 124 onshore exploration leases in the US state of Alaska from Caelus Alaska Exploration for an undisclosed price. The Italian energy company will hold 100 percent working interest in all the leases which are located in the
Canadian Court Quashes Approval of Trans Mountain Pipeline Expansion
September 6, 2018
Canada’s Federal Court of Appeal has quashed the approval for the C$7.4bn ($5.5bn) Trans Mountain pipeline expansion project. A panel of three judges unanimously ruled that the process adopted in approving the pipeline project was flawed as argued by certain
Flint Hills to Expand Storage and Outbound Crude Loading Capacity at Storage Terminal, Texas
September 5, 2018
Flint Hills Resources plans to expand storage and outbound crude loading capacity at its storage terminal in Ingleside, Texas to approximately 380,000 barrels per day. The project currently consists of construction of four new crude storage tanks, 60,000 barrels per
PennEnergy to Acquire Assets of Appalachian Basin Operator Rex Energy for $600 Million
September 4, 2018
PennEnergy Resources, a Pennsylvania-based natural gas producer, has agreed to acquire almost all the assets of its rival Rex Energy for $600.5m in an-cash deal. Rex Energy, which is also based in Pennsylvania, had recently filed for bankruptcy. Its transaction
Canadian Natural Resources Ltd. to Acquire Total’s Joslyn Oil Sands Project for $172 Million
September 4, 2018
Total, together with its partners, has agreed to sell the Joslyn oil sands project in Alberta, Canada, to Canadian Natural Resources Limited (CNRL) for $172.1m. Following the oil price fall in 2014, the Joslyn project partners decided to put its
Ascent Resources Completes Acquisition of CNX and Hess’ Utica Shale Play Assets for $400M
September 4, 2018
CNX Resources and Hess have completed their previously announced sale of their Ohio Utica joint venture interests in the shale play in eastern Ohio, US for around $400m to Ascent Resources. The deal involves sale of 39,000 net acres to
Hunter Oil Sells Oil and Gas Operations to Pacific Energy for $21.3 Million
September 4, 2018
Hunter Oil has completed the sale of its oil and gas operations to Pacific Energy Development, Nevada corporation and a wholly-owned subsidiary of PEDEVCO. The aggregate purchase price paid for the Assets was USD $21,315,636 (the “Purchase Price”), being approximately
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