Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Targa and MPLX to Build Gas Processing Plant in Oklahoma

February 5, 2018

Targa Resources has entered into an agreement to expand its natural gas processing joint venture with MPLX in Oklahoma. Through its existing 60/40 joint venture, Centrahoma Processing, LLC (“Centrahoma”), Targa and MPLX will construct a new 150 million cubic feet

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Quantum Energy Acquires Premium Oilfield Technologies

February 5, 2018

Quantum Energy Partners has acquired Texas-based Premium Oilfield Technologies, a manufacturer of technologically differentiated consumable products used in oil and gas well drilling and completion activities. These products include extreme service pistons, liners, valves, and seats for high pressure mud

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Chevron Makes Major Oil Discovery at Ballymore Prospect, Gulf of Mexico

February 5, 2018

Chevron and its partner Total have made a significant oil discovery in the deepwater US Gulf of Mexico following drilling at the Ballymore prospect. The Ballymore prospect is contained in water depth of 6,536ft in Mississippi Canyon. According to Chevron,

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Hess to Invest $2.1 Billion in Oil Exploration and Production

February 5, 2018

Hess has announced its plan to invest $2.1bn in exploration activities this year, with a major focus on Bakken and Guyana. The firm intends to allocate increased budget to continue exploration and development activities offshore Guyana and for the Bakken

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Four EPC Contractors Shortlisted for FEED Work on Kwispaa LNG Project, Canada

February 5, 2018

Steelhead LNG and Huu-ay-aht First Nations have shortlisted four engineering, procurement and construction (EPC) contractors to complete front-end engineering and design (FEED) work on the proposed Kwispaa LNG project in Canada. Located on the west coast of Vancouver Island, British

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Trump’s Monuments Rollback Takes Effect, Allows New Mining and Drilling Claims, Utah

February 5, 2018

President Trump’s rollback of the Bears Ears and Grand Staircase-Escalante national monuments in Utah become official Friday, allowing private citizens and companies to make new oil, natural gas, and drilling claims. Trump on Dec. 4 signed a proclamation cutting Bears

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U.S. Oil Production Hits Historic Milestone

February 1, 2018

U.S. oil production hit a historic milestone, pulling more than 10 million barrels per day out of the ground last November, according to the latest federal data. The U.S. Energy Information Administration reported Wednesday that crude production hit 10.038 million

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Enterprise and Navigator to Build Ethylene Export Facility on U.S. Gulf Coast

February 1, 2018

Enterprise Products Partners, a US-based midstream company and UK shipping company Navigator Gas have formed a 50/50 joint venture to build a new ethylene export facility along the US Gulf Coast. The export facility will have the capacity to export

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Dominion Begins Production at $4 Billion Natural Gas Liquefaction Facility, Maryland

February 1, 2018

Dominion Energy Cove Point (DECP), a unit of Dominion Energy said that its $4bn natural gas liquefaction facility in Maryland, US has started producing liquefied natural gas (LNG). In December 2017, DECP had introduced feed gas into the natural gas

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Large Oil and Gas Project Edges Forward in Converse County, Wyoming

January 30, 2018

The Bureau of Land Management released an environmental study on Friday for a 5,000-well oil and gas project in Converse County. Five major players in Wyoming industry proposed the joint project, which would cover 1.5 million acres, just north of

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