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Trump Signs Law Rolling Back Disclosure Rule for Oil & Gas and Mining Companies
February 17, 2017
President Trump signed a measure Tuesday that could presage the most aggressive assault on government regulations since President Reagan. The bill cancels out a Securities and Exchange Commission regulation that would have required oil and gas and mining companies to
Covey Park Energy Acquires Additional Haynesville Assets from Chesapeake Energy for $465 Million
February 16, 2017
Covey Park Energy LLC has acquired additional assets located in the Haynesville shale area of North Louisiana from Chesapeake Exploration, LLC and related companies for $465 million. Covey Park funded a portion of the Chesapeake acquisition with additional equity investments
Xcel Energy and FAA Launch First-of-Its-Kind Safety Partnership
February 16, 2017
Xcel Energy and the Federal Aviation Administration have launched a first-of-its-kind partnership to research the safe operation of drone technology to inspect critical infrastructure. The agreement involves using unmanned aircraft systems to inspect more than 20,000 miles of Xcel Energy
Blackeagle Energy Services Receives Prestigious Safety Award
February 16, 2017
Blackeagle Energy Services has been awarded the Distribution Contractors Association (DCA) Arthur T. Everham Safety Award. The DCA established the award in 1986 to recognize contractors with exceptional safety programs. Blackeagle tied for first place among companies that worked 470,000-1,000,000
Xcel Energy Partners with FS-ISAC to Expand Security Protections for Energy Sector
February 16, 2017
Xcel Energy has partnered wit the Financial Services Information Sharing and Analysis Center (FS-ISAC) to create a new threat information sharing community. The new community will enhance the energy sector’s access to cyber and physical security intelligence. “Ensuring the integrity
BHP Billiton Approves $2.2 Billion for Mad Dog Phase 2 Project, Gulf of Mexico
February 15, 2017
Anglo-Australian miner BHP Billiton has approved $2.2bn investment for its share in the Mad Dog Phase 2 oilfield project located in the Green Canyon area in the Deepwater Gulf of Mexico. The $9bn Mad Dog Phase 2 project is the
Plains All American and Noble Midstream Form JV to Acquire Advantage Pipeline for $133 Million
February 14, 2017
Plains All American Pipeline, L.P. and Noble Midstream Partners LP have entered into definitive agreements to form a 50/50 joint venture (JV) to acquire Advantage Pipeline, L.L.C., which owns a 70-mile, 16-inch crude oil pipeline located in the southern Delaware
FERC Approves National Fuel’s $455 Million Northern Access Project
February 9, 2017
National Fuel Gas Supply Corporation (Supply) and Empire Pipeline, Inc., both wholly-owned subsidiaries of National Fuel Gas Company (National Fuel), have received notice that the Federal Energy Regulatory Commission (FERC) has approved their application to construct the Northern Access 2016
Canada-based Predator Drilling Expands Operations Into Permian Basin
February 9, 2017
Predator Drilling Inc., a Canadian-based private company, headquartered in Red Deer, Alberta, is pleased to announce it has expanded operations into the Permian Basin in West Texas, USA. Predator will operate its Texas business through its new subsidiary company, Predator
HollyFrontier Closes Acquisition of Suncor Energy’s Petro-Canada Lubricants for CAD$1.125 Billion
February 8, 2017
HollyFrontier Corporation has completed the acquisition of Suncor Energy’s Petro-Canada Lubricants (PCLI) business for CAD $1.125 billion, including working capital with an estimated value of CAD $342 million. The Petro-Canada Lubricants plant, located in Mississauga, Ontario is the largest producer
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