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March 2018: Largest Oil and Gas Lease Sale Set to Take Place in New Orleans
October 31, 2017
The U.S. Department of Interior has proposed the largest oil and gas lease sale ever held in the United States, which will offer up over 79.9 million acres in federal waters in the Gulf of Mexico, offshore Texas, Louisiana, Mississippi,
Aker Solutions Boosts LNG Capabilities to Meet Demand
October 30, 2017
Aker Solutions is strengthening its liquefied natural gas capabilities to capitalize on an expected increase in global demand for the fuel as energy companies transition to a low-carbon future. Aker Solutions has hired four leading specialists with extensive experience from
Valero Energy to Acquire Port Arthur Terminal Assets and Parkway Pipeline for $508 Million
October 30, 2017
Valero Energy Partners has agreed to acquire Port Arthur terminal assets and Parkway Pipeline for $508m. The midstream company will acquire the assets from its parent company Valero Energy Corporation to expand its footprint in the Gulf Coast region. Valero
BLM to Offer 900 Tracts for Oil and Gas Exploration in Alaska Reserve
October 30, 2017
The US Bureau of Land Management (BLM) has announced plans for oil and gas lease sale of 900 tracts within part of the 22.8 million acre National Petroleum Reserve in Alaska (NPR-A) in December 2017 Scheduled to take place on
October 30-31: NARO Holds Royalty Owners’ Meeting With Key Speakers, W. Va.
October 30, 2017
Those who own mineral rights should expect to learn more about fracking, pipelining, processing and the impact of environmental regulations during a conference Monday and Tuesday at The Greenbrier in White Sulphur Springs, W.Va. Robert Mead, president of the National
Oneok and Martin Midstream to Invest $200M to Expand West Texas LPG Pipeline System
October 26, 2017
Oneok and Martin Midstream Partners plan to invest nearly $200m through their West Texas LPG Pipeline joint venture to expand its natural gas liquids (NGL) system into the Delaware Basin. While Oklahoma-based natural gas liquids company Oneok is the operator
Interior Department to Offer 77 Million Acres for Oil and Gas Exploration in Gulf of Mexico
October 26, 2017
The US Interior Department (DOI) has announced plans to offer 76.9 million acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida in lease sale for oil and gas exploration and development. Scheduled to
BP Energy to Sell Pinnacle Midstream Gathering and Processing System to I Squared Capital, Texas
October 25, 2017
BP Energy Partners, LLC (BPEP) and I Squared Capital have entered into a definitive agreement by which BPEP will sell Pinnacle Midstream, LLC, a portfolio company of BPEP, to I Squared Capital through its ISQ Global Infrastructure Fund II. Pinnacle
Redline Secures $1.2 Million IoT Infrastructure Solution Contract for Open Pit Mine
October 25, 2017
Redline Communications, a leading provider of wide-area wireless networks for the most challenging applications and locations, has been awarded a USD$1.2M Internet of Things (IoT) project utilizing its new standards-based LTE solution to provide a high-performance mobile network that will
U.S. Well On Its Way to Being an Energy Superpower
October 24, 2017
U.S. liquefied natural gas (LNG) exports may surge in the next decade, establishing America as an “energy superpower,” former Obama special assistant Jason Bordoff told The New York Times Tuesday. The American LNG market has several unique advantages that make
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