Oil, Gas and Shale
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Air Permit Issued for IGP Methanol’s Gulf Coast Methanol Park, Louisiana

February 28, 2018

IGP Methanol LLC was granted a title V Air Quality Permit by the Louisiana Department of Environmental Quality for their Gulf Coast Methanol facility, located in Plaquemines Parish, Louisiana. The Gulf Coast Methanol Park will consist of four identical methanol

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Enterprise Products to Convert NGL Pipeline to Crude Oil Service, Permian Basin

February 28, 2018

Enterprise Products Partners L.P. released plans to convert one of its natural gas liquids (NGL) pipelines that transports NGLs from the Permian Basin to the Texas Gulf Coast to crude oil service. The conversion is expected to be completed in

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EIA: Tight Oil Remains Leading Source of Future U.S. Crude Oil Production

February 27, 2018

EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that US tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per day (b/d) and account for nearly 70 percent of

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Tellurian Launches Open Season to Test Support for $1.4 Billion Haynesville Pipeline, Louisiana

February 26, 2018

Houston-based Tellurian has launched an open season to test support for the proposed $1.4bn Haynesville Global Access Pipeline (HGAP), which will connect the Haynesville and Bossier shale production region to customers in southwestern Louisiana, US. The non-binding open season, which

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Oneok to Invest $2.3 Billion to Expand Midstream Infrastructure in Oklahoma and Texas

February 26, 2018

US-based Oneok is planning to invest approximately $2.3bn to expand its midstream infrastructure with additional natural gas liquids (NGL) and natural gas infrastructure. The investment will see construction of a new NGL pipeline, named Arbuckle II Pipeline, with an initial

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EQT Releases Plans to Spin-off Appalachian Basin Midstream Business

February 26, 2018

US natural gas producer EQT has revealed its plans to spin off its midstream business into an independent public traded company by the end of the third quarter of this year. EQT said that the tax-free separation of its upstream

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American Midstream to Sell Its Refined Products Terminals for $138 Million, Texas

February 22, 2018

American Midstream Partners has agreed to sell its refined products terminalling business to DKGP Energy Terminals, a joint venture between Delek Logistics Partners and Green Plains Partners, for about $138.5m. The transaction is expected to close in the first half

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Total to Create U.S. Gulf Coast Petrochemicals JV with Borealis and Nova

February 22, 2018

Total will form a joint venture (JV) for petrochemicals on the US Gulf Coast with Austrian polyethylene and polypropylene producer Borealis and Canadian plastics and chemical company Nova Chemicals. While the French oil and gas giant will hold a stake

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DOE to Offer 77.3 Million Acres for Oil and Gas Exploration in Gulf of Mexico

February 20, 2018

The US Department of Interior is planning to offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida in lease sale for oil and gas exploration and development. Said to be the largest in US history, the region-wide lease

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Fieldwood Energy Files for Chapter 11 Bankruptcy Protection

February 20, 2018

Fieldwood Energy, along with its subsidiaries and certain affiliates, has filed for bankruptcy protection under Chapter 11 in the US, in a bid to restructure its balance sheet by reducing debt. The firm has made the voluntary filing in the

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