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

May 12 & 13: Mining and Oil & Gas Industry Helps Make Wishes Come True at Golf Outing

March 7, 2017

On behalf of Make-A-Wish® Greater Pennsylvania and West Virginia and the Energy Golf Committee, you are invited to participate in the Make-A-Wish Energy Golf Outing. For more than 20 years, people from the Mining and Oil & Gas markets have

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BHP Billiton and PEMEX Sign Agreement for Deep-water Oil Discovery, Mexico

March 7, 2017

BHP Billiton has advanced its exploration and production interests in the Gulf of Mexico by executing a contract with PEMEX Exploration & Production Mexico (Pemex) to complete work on the significant Trion discovery in Mexico. In December 2016, BHP Billiton

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WhiteWater Midstream Begins Construction of Delaware Basin Agua Blanca Gas Pipeline, Texas

March 7, 2017

WhiteWater Midstream has begun construction of the Agua Blanca Pipeline, a Delaware Basin, intrastate natural gas pipeline. The initial path of Agua Blanca will be from Orla, Texas to the Waha Hub, servicing portions of Culberson, Loving, Pecos, Reeves and

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Kinder Morgan Divests 49% Stake in Elba Liquefaction for $385 Million, Georgia

March 3, 2017

Kinder Morgan (KMI) has divested 49 percent stake in Elba Liquefaction Company (ELC) to the funds managed by EIG Global Energy Partners, for about $385m. The deal also includes the payment of about $170m in excess of capital expenditures in

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Ares EIF Invests in Birdsboro Gas Power Plant in Berks County, Pennsylvania

March 3, 2017

Ares EIF Group has closed an equity investment for the construction of a 488MW natural gas-fired combined-cycle generation Birdsboro power plant in Berks County, in the US state of Pennsylvania. CIT Bank, GE Energy Financial Services and Investec have arranged

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Propell Acquires Oilfield Equipment Manufacturer Total Equipment and Service Assets

March 2, 2017

Propell announced today the acquisition from C&J Energy Services the assets of Total E&S, Inc. dba Total Equipment and Service (T.E.A.S.), a Texas-based oilfield equipment manufacturer. This acquisition continues Propell’s strategic growth and coincides with an increase in North American

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American Midstream Enters Dakota Access Connection Agreement Expanding Bakken Presence

March 2, 2017

American Midstream Partners, LP has entered a connection agreement with Dakota Access Pipeline (DAPL), the 1,172-mile 30-inch pipeline that extends from the partnership’s Bakken formation production area in North Dakota to Patoka, Illinois. The new DAPL interconnect will tie into

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Chevron-Led Consortium Executes Mexico Deepwater Contract

March 2, 2017

An international consortium operated by Chevron Corporation’s subsidiary, Chevron Energía de Mexico, S de R.L. de C.V., has signed an exploration contract with Mexico’s National Hydrocarbons Commission (CNH), representing the Mexican government, for Block 3 in the deepwater Gulf of

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OxyChem and Mexichem JV Begin Operations at Ethylene Cracker in Ingleside, Texas

March 2, 2017

Ingleside Ethylene, LLC, the 50/50 joint venture between Occidental Chemical Corporation (OxyChem), a subsidiary of Occidental Petroleum Corporation, and Mexichem, S.A.B. de C.V., has began operations at its ethylene cracker at OxyChem’s Ingleside, Texas, complex on schedule and on budget.

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Camber Energy Signs $11.3 Million Agreement to Expand Permian Basin Position

March 1, 2017

Camber Energy’s newly formed subsidiary Camber Permian II (CPII) has entered into a definitive purchase and sale agreement (PSA) with private sellers to acquire oil and gas leases covering approximately 15,500 gross acres (13,000 net acres) in the Permian Basin

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