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Sabinal Energy Receives $300 Million Equity Commitment from Kayne Private Energy
July 20, 2016
Sabinal Energy, LLC has received a $300 million equity commitment from Kayne Private Energy Income Fund, L.P. and members of the management team. “We are excited to be partnering with Kayne. We believe that our team’s broad technical and operational
Sanchez Production Partners Closes Sale of Oil and Gas Assets in Oklahoma and Kansas
July 20, 2016
Sanchez Production Partners LP (SPP) has closed the sale of substantially all of its operated oil and natural gas wells, leases and associated assets and interests in Oklahoma and Kansas. After the sale, the partnership continues to own operated assets
Sempra Energy Receives DOE Approval for Cameron LNG Expansion Project, Louisiana
July 20, 2016
Sempra Energy announced that Cameron LNG has received authorization from the US Department of Energy (DOE) to export an additional 1.41 billion cubic feet of natural gas per day (Bcfd) from its proposed Louisiana liquefaction expansion project to countries that
Devon Energy to Sell 50% Stake in Access Pipeline for $1.1 Billion, Canada
July 20, 2016
Devon Energy has signed an agreement to divest 50 percent stake in Access Pipeline to Canada Pension Plan Investment Board-backed Wolf Midstream for $1.1bn. The Access Pipeline system comprises pipelines that transport blended bitumen and diluent between the Christina Lake
Ucore Partners with Major Alberta Oil Sands Producer for Recovery of Technology Metals, Canada
July 19, 2016
Ucore Rare Metals Inc. has partnered with an undisclosed Major Alberta Oil Sands Producer (MOSP) for the purpose of recovering rare earth elements (REE) and other technology metals from Alberta oil sands operations. The partnership has obtained a funding grant
Court Approves Venoco’s Restructuring Proposal
July 18, 2016
The U.S. Bankruptcy Court for the District of Delaware has approved Venoco’s proposed plan for restructuring, clearing the way for the company to officially emerge from the restructuring process later this month. Venoco had filed a voluntary petition for reorganization
Southern Company Awarded 2016 Industry Excellence Award for Safety
July 18, 2016
Southern Company has earned the 2016 Industry Excellence Award for Safety from the Southeastern Electric Exchange (SEE) for the company’s “SO Safe” employee competition — a collaborative internal effort that generated more than 900 ideas to improve safety for the
Safway Honored for Safety Record at 11 AFPM-Member Refineries
July 18, 2016
Eleven Safway Services refinery crews received the Meritorious Safety Performance Award from the American Fuel and Petrochemical Manufacturers (AFPM) association based on their outstanding records of safety. “We are tremendously honored to receive these 11 awards. Safety is our number
Dominion Prevails in Patent Infringement Lawsuit
July 14, 2016
Dominion Voltage, Inc. (DVI), a grid optimization subsidiary of Dominion Resources, Inc., has won a jury verdict against Alstom Grid, Inc. The jury unanimously found that Alstom Grid infringed a Dominion-owned patent (U.S. Patent No. 8,437,883), claiming an invention that
ARM Energy and HPS Begin Commercial Operations at Kingfisher Midstream Lincoln Gas Plant, Oklahoma
July 13, 2016
Kingfisher Midstream, LLC officially began full operation of the Kingfisher Midstream Lincoln plant in Oklahoma earlier this month. ARM Midstream, a subsidiary of ARM Energy, began construction of the facility in September 2015 in partnership with capital provided by HPS
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