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Crude Oil Exports Reach Record 900,000 Barrels Per Day in First Half of 2017
October 24, 2017
Crude oil exports reached a record 900,000 barrels per day in the first half of 2017, according to Energy Department data. Exports of propane and distillate also hit record highs during that time, reaching 900,000 barrels per day and 1.3
Exxon Mobil Acquires Genesis Energy’s Crude Oil Terminal in Delaware Basin
October 24, 2017
Exxon Mobil Corp. has acquired a crude oil terminal from Genesis Energy LP. The terminal is located in the rapidly growing Delaware Basin, part of the Permian Basin. It is strategically positioned to handle Permian Basin crude oil and condensate
Senate Close to Passing Oil and Gas Exploration in Alaska National Wildlife Refuge
October 24, 2017
Republicans are the closest they’ve come to allowing oil and gas exploration in the Alaska National Wildlife Refuge (ANWR) since the Bush administration. The GOP may score a victory in the decades-old war to open up ANWR to drilling, but
Two States Sue Interior Department for Easing Regulations on Oil, Gas, and Coal
October 24, 2017
Two states are challenging President Donald Trump’s administration’s decision to repeal a 2017 valuation rule for extracting coal, oil and natural gas from federal lands, Politico reports. California and New Mexico filed a joint lawsuit Tuesday in the U.S. District
Canada’s Cenovus to Divest Palliser Oil and Gas Assets to Torxen and Schlumberger for $1 Billion
October 23, 2017
Integrated oil firm Cenovus Energy has agreed to divest its Palliser crude oil and natural gas assets in southeastern Alberta, Canada to Torxen Energy and Schlumberger for C$1.3bn ($1bn). Under the terms of the deal, Torxen and Schlumberger will purchase
Halliburton Charity Golf Tournament Raises Millions for Nonprofit Organizations Across the U.S.
October 20, 2017
The 23rd annual Halliburton Charity Golf Tournament raised more than $2.5 million for 24 nonprofit organizations across Houston and the U.S. The tournament, held Oct. 18, has donated almost $14 million to charities over its 23-year history. More than 400
Clean Energy Fuels Breaks Ground on First CNG Fueling Station in the Bronx, New York
October 20, 2017
Clean Energy Fuels Corp., the City of New York, and community leaders broke ground on a new, state-of-the-art compressed natural gas (CNG) station in the Hunts Point section of the Bronx that will fuel multiple fleets operating across the city.
Crestwood Closes on Buy-In Option with Shell Midstream Partners in Delaware Basin, Texas
October 20, 2017
Crestwood Equity Partners has closed on the equity option agreement with Shell Midstream Partners, L.P., a master limited partnership formed by Royal Dutch Shell, to purchase a 50 percent equity interest in Crestwood Permian Basin LLC which owns the Nautilus
Chaparral Energy to Sell Its Enhanced Oil Recovery Assets in U.S.
October 19, 2017
Chaparral Energy has signed an agreement to divest its enhanced oil recovery (EOR) assets in the US to an undisclosed buyer. Under the terms of the deal, Chaparral Energy will sell the EOR assets in the North Burbank play in
Southern Company to Sell Elizabethtown Gas and Elkton Gas for $1.7 Billion
October 19, 2017
Southern Company subsidiary Southern Company Gas has agreed to divest assets of its utility operating divisions Elizabethtown Gas and Elkton Gas to South Jersey Industries for approximately $1.7bn. Under the terms of the deal, South Jersey will acquire the assets
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