Oil, Gas and Shale
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SLANT Energy Secures $30 Million Equity Commitment from Pearl Energy Investments

January 31, 2017

SLANT Energy has secured a $30 million equity commitment from Dallas-based Pearl Energy Investments. With offices in Wichita Falls, Texas and Lafayette, Louisiana, SLANT is a startup exploration and production company focused on developing shallow, conventional oil and gas fields

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Mitsubishi Heavy Industries Expands North American Oil & Gas Business

January 31, 2017

Mitsubishi Heavy Industries, Ltd. has established a specialized Oil & Gas Division within Mitsubishi Heavy Industries America, Inc., its Houston-based U.S. subsidiary. By strengthening the combined functions for various products handled by the group, such as compressors and gas turbines,

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Time is Running Out to Enter the 2017 Shale Gas Innovation Contest

January 31, 2017

Time is running out to enter the 2017 Shale Gas Innovation Contest. Don’t miss out on the opportunity to walk away with a check for $20,000! Submit your application today to the Sixth Annual Ben Franklin Shale Gas Innovation and

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Concho Resources to Sell Alpha Crude Connector System for $1.215 Billion

January 30, 2017

Concho Resources Inc. and Frontier Midstream Solutions, LLC have entered into separate agreements to sell 100 percent of their respective ownership interests of Alpha Holding Company, LLC, the owner of the Alpha Crude Connector system (ACC), to Plains All American

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Outrigger Energy to Sell Permian Basin Midstream Assets for Up to $1.5 Billion

January 30, 2017

Outrigger Energy LLC has signed definitive agreements with a subsidiary of Targa Resources Corp. whereby Targa has agreed to acquire Outrigger’s three midstream subsidiaries in the Permian Basin (Outrigger Permian) for cash consideration of up to $1.5 billion, subject to

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Santa Fe Midstream and Vermilon to Form JV for Midstream Infrastructure in Delaware Basin, Texas

January 30, 2017

Santa Fe Midstream and Vermilion Cliffs have announced forming a joint venture to develop crude oil, natural gas and water midstream infrastructure in the Delaware Basin in West Texas, US. The Texas based companies’ joint venture will operate in the

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TransCanada Receives U.S. FERC Approval to Construct $1.8 Billion Gas Pipeline Projects

January 30, 2017

TransCanada has received the US Federal Energy Regulatory Commission (FERC) approval for the construction of the Leach XPress and Rayne XPress gas pipeline projects in the US with a total investment of $1.8bn. The projects are expected to offer additional

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BP Commences Oil Production at Thunder Horse South Expansion, Gulf of Mexico

January 30, 2017

BP has commenced production from the Thunder Horse South Expansion project in the deepwater Gulf of Mexico, further boosting output from one of the largest oil fields in the region. The Thunder Horse South Expansion project, which has been completed

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Trump Signs Executive Orders Reviving Keystone XL and Dakota Access Pipelines

January 30, 2017

President Trump signed executive orders on Tuesday effectively reviving the controversial Keystone XL and Dakota Access pipelines, as a major builder said it will reapply to build one of the projects which had been stalled by the Obama administration under

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Mountain Valley Pipeline Draws Widespread Public Support, Virginia

January 26, 2017

A recent survey conducted by Mason-Dixon Polling & Research shows a strong majority of Virginians support the proposed Mountain Valley Pipeline (MVP) project. The statewide survey of voters’ views on important policy issues and candidates for public office was conducted

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