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Sanchez Energy to Sell Javelina Asset in Eagle Ford Shale for $105 Million
August 24, 2017
Sanchez Energy has agreed to divest its Javelina asset in the Eagle Ford Shale in South Texas for nearly $105m in an all-cash deal with an undisclosed buyer. Completion of the sale is based on meeting of customary terms and
BHP Billiton to Exit U.S. Shale Oil and Gas Business
August 24, 2017
Mining giant BHP Billiton confirmed that it would exit from its US shale oil and gas business after determining them to be under-performing and non-core for the overall operations of the group. The decision was revealed during the announcement of
Energy Transfer Files Lawsuit Against Greenpeace Over Dakota Access Pipeline
August 24, 2017
Energy Transfer Equity and Energy Transfer Partners have filed a federal lawsuit against a group of co-conspirators over spreading materially false and misleading information about Energy Transfer and the Dakota Access Pipeline (DAPL). The case has been filed in the
Target Logistics Continues to Expand in the Permian Basin, Texas
August 23, 2017
Target Logistics Management, LLC, a global leader in remote accommodations and the largest provider of turnkey workforce housing in the U.S., has completed another 100-bed expansion to its Pecos Lodge in West Texas. Along with the 100 single-occupancy rooms, complete
Krewe Energy Acquires Timbalier Bay Field in Lafourche Parish, Louisiana
August 23, 2017
Krewe Energy, LLC, has completed the acquisition of the Timbalier Bay Field located in Lafourche Parish, Louisiana. The Timbalier Bay Field is a vintage South Louisiana property discovered in 1938 by Gulf Oil Corporation and ranks as one of the
Silver Run to Merge with Alta Mesa and Kingfisher Midstream
August 21, 2017
Silver Run Acquisition Corporation II (Silver Run II) will acquire Oklahoma-based Alta Mesa Holdings and Kingfisher Midstream to create a combined company valued at nearly $3.8bn, focused on operations in the STACK play. Alta Mesa is into exploration and production
Minnesota Department of Commerce Issues Final EIS for Enbridge’s Proposed Line 3 Pipeline Project
August 21, 2017
The Minnesota Department of Commerce, under the direction of the Minnesota Public Utilities Commission (PUC), released the final environmental impact statement (FEIS) for Enbridge’s proposed Line 3 pipeline project that was submitted to the PUC. By order of the PUC,
API Welcomes Court Action Turning Back Challenge to LNG Exports from Freeport Facility, Texas
August 21, 2017
API welcomed the decision by the D.C. Circuit Court of Appeals to reject arguments made in opposition to the Department of Energy’s liquefied natural gas (LNG) export authorization granted to the Freeport LNG terminal on Quintana Island, Texas, and affirm
Blackstone Energy and Fisterra Energy Complete Acquisition of Tierra Mojada Power Plant, Mexico
August 18, 2017
Fisterra Energy, a company majority owned by Blackstone’s energy-focused private equity fund, Blackstone Energy Partners, and global private equity fund, Blackstone Capital Partners, has achieved a financial closing for the Tierra Mojada combined-cycle gas turbine (CCGT) power plant in Guadalajara,
Andeavor Logistics to Acquire Western Refining Logistics for $1.5 Billion
August 17, 2017
US pipeline company Andeavor Logistics has entered into an agreement to acquire its rival Western Refining Logistics (WNRL) for $1.5bn. The acquisition is part of Andeavor Logistics’ efforts to expand into the prolific Permian Basin in Texas and New Mexico.
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