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Nexus Receives FERC Nod to Start $2 Billion Natural Gas Pipeline Construction, Ohio
October 16, 2017
Nexus Gas Transmission has secured the clearance from the US Federal Energy Regulatory Commission (FERC) to start construction of its $2.1bn interstate natural gas pipeline project through Ohio. The 410km long Nexus pipeline of 36-inch diameter will transport up to
Corterra Energy Acquires 26,000 Acres in Arkoma Basin for $68 Million, Oklahoma
October 13, 2017
Corterra Energy, LLC, an independent exploration and energy production company headquartered in Tulsa, Oklahoma, and backed by White Deer Energy, has closed on an acquisition of 26,000 net acres and interest in over 400 producing wells in the Arkoma Basin.
Carrizo Oil & Gas to Sell Its Marcellus Shale Assets to Kalnin for $84 Million
October 13, 2017
Carrizo Oil & Gas, Inc. has entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and conditions. Additionally, Carrizo could
MGX Minerals Commences Pilot Plant Testing for Li-1 Lithium Recovery System, Alberta
October 13, 2017
MGX Minerals’ engineering partner PurLucid Treatment Solutions has commenced operational testing on the Li-1 lithium recovery unit at its testing facility in Calgary, Alberta. The Li-1 pilot plant is capable of processing 20 m3/day and will be expanded to increase
Carbon Natural Gas Acquires Gas Producing Properties and Midstream Assets for $41 Million, W. Va.
October 13, 2017
Carbon Natural Gas Company, through its affiliate Carbon Appalachian Company, LLC, completed the acquisition of natural gas producing properties, natural gas gathering pipelines and related facilities located predominantly in the state of West Virginia for approximately $41,300,000, subject to normal
Siemens and Chromalloy to Create 350 New Jobs in Tampa, Florida
October 11, 2017
Governor Rick Scott said that Siemens and Chromalloy Gas Turbine Corporation have chosen Hillsborough County as the headquarters location for their new joint venture, Advanced Airfoil Components. The Advanced Airfoil Components manufacturing facility will lead to the creation of 350
Ward Energy Partners Sells SCOOP and Hoxbar Assets, Oklahoma
October 11, 2017
Ward Energy Partners, LLC has sold assets located primarily in Stephens and Grady Counties in Oklahoma to an undisclosed buyer. The assets are prospective for the Woodford, Mississippian and Springer reservoirs in the SCOOP and Hoxbar oil trend. Pro forma
Reliance to Divest Certain U.S. Upstream Assets to BKV Chelsea for $126 Million
October 10, 2017
Reliance Marcellus II has agreed to sell all its interests in certain US upstream assets to Kalnin Ventures’ affiliate BKV Chelsea for around $126m. Under the deal, the company will sell its total stake in certain upstream assets in north-eastern
TransCanada Nixes Two Major Pipelines after Canada Passes Stringent Climate Regulations
October 10, 2017
Canada is now dependent on the U.S. energy market after TransCanada scrapped two major energy pipelines Thursday following the government’s decision to beef up regulations on oil projects. The pipeline developer scuttled the Energy East and Eastern Mainline pipelines after
Department of Interior to Repeal Rule Limiting Methane Emissions from Oil and Gas Operations
October 10, 2017
The Trump administration will issue a proposal to repeal a rule limiting methane emissions from oil and gas operations on federal lands. Secretary of the Interior Ryan Zinke will submit his plan to repeal the methane rule on Wednesday, The
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