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GE and Baker Hughes to Create New Fullstream Digital Industrial Services Company
November 7, 2016
GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business (GE Oil & Gas) and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment capabilities. The
Occidental Petroleum Acquires Permian Basin Resources and EOR Properties
November 7, 2016
Occidental Petroleum Corporation has acquired producing and non-producing leasehold acreage in the Permian Basin from private sellers. Separately, the company acquired interests in several Permian Basin enhanced oil recovery (EOR) and CO2 properties, and related infrastructure. “These transactions further complement
Canada Approves Nova Gas Transmission’s $969 Million Gas Pipeline Expansion Project
November 7, 2016
The Government of Canada has approved the Nova Gas Transmission’s (NGTL) C$1.3bn ($969m) system expansion project in northern Alberta. The approval, which is subject to 36 conditions, allows TransCanada’s wholly-owned subsidiary NGTL to move ahead with the gas pipeline expansion
International Western Petroleum to Begin Organic Oil Recovery Process Using New Technology
November 7, 2016
International Western Petroleum has decided to work with a technology company providing a Organic Oil Recovery (OOR) process which can release trapped oil without exploration risks. International Western Petroleum has commenced initial field works in its own productions while exploring
WGL Midstream Acquires Additional Stake in Mountain Valley Pipeline for $326 Million, W. Va. and Va.
November 7, 2016
WGL Midstream has increased its ownership interest in Mountain Valley Pipeline, LLC, by acquiring all of Vega Energy’s 3 percent interest in the joint venture. The other members of Mountain Valley include EQT Midstream Partners, LP, a significant interest owner
Colonial Pipeline Set to Resume Operations at Gasoline Pipeline After Explosion, Alabama
November 4, 2016
Colonial Pipeline is reportedly planning to resume operations of its gasoline pipeline in Shelby County, Alabama, US as early as Saturday following an explosion which killed one worker and injured five others. The explosion, which triggered fired, occurred on October
Alberta Energy Regulator Starts Investigation in Trilogy Oil Pipeline Leak
November 4, 2016
The Alberta Energy Regulator (AER) has issued a formal notice of investigation to Trilogy Energy following a leakage of a company’s crude oil pipeline in central Alberta. On 7 October, Trilogy said that it had discovered a leak in one
Canadian Environmental Groups File Lawsuits to Block $27 Billion Petronas LNG Project
November 4, 2016
Canadian aboriginal and environmental groups have filed lawsuits against the country’s government to withdraw the approval for a $27bn liquefied natural gas (LNG) project to be developed by Malaysia’s Petronas. The group claims that the project will have a negative
FuelCell Energy’s Coal and Gas Plant to Test Exxon Carbon Capture Technology, Alabama
November 2, 2016
FuelCell Energy and ExxonMobil have selected a power station in Mobile County, Alabama, US, to test their novel fuel cell carbon capture technology. One of the major problems with current amine carbon capture technology is that electricity is required to
Panda Power Funds Commissions Nation’s First Marcellus Shale-Gas Power Plant, Pa.
November 1, 2016
Panda Power Funds has commissioned the nation’s first power plant designed to take advantage of abundant U.S. natural gas reserves discovered in the Marcellus Shale. Access to the region’s low-cost natural gas is expected to provide the 829 megawatt Panda
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