Oil, Gas and Shale
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New Jersey State Superior Court Sides with PennEast, Dismisses Trespassing Lawsuit

July 11, 2016

A New Jersey State Superior Court judge has rejected a lawsuit filed by HALT, an association of New Jersey landowners, and several of its individual members, in its attempt to prevent the PennEast Pipeline from being built. Dismissing the complaint

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NGL Energy Partners Starts Second Open Season for Grand Mesa Crude Oil Pipeline, Oklahoma

July 11, 2016

NGL Energy Partners LP has started a second binding open season for its wholly owned Grand Mesa Pipeline, LLC crude oil pipeline. This open season will close on Thursday, July 28, 2016 at 5:00 pm Central Daylight Time. Potential shippers

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Seven Generations Energy to Acquire Paramount’s Canadian Deep Basin Oil and Gas Assets for $1.4bn

July 11, 2016

Canadian oil producer Paramount Resources has signed an agreement to sell 310 net sections of its deep basin oil and gas properties in the Musreau/Kakwa area of west Central Alberta to Seven Generations (7G) Energy for approximately C$1.9bn ($1.47bn). Under

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Energy Transfer Equity Terminates Merger Agreement with The Williams Companies

July 11, 2016

Energy Transfer Equity, L.P. has terminated its merger agreement with The Williams Companies, Inc. effective June 29, 2016. On Friday, June 24, 2016, the Delaware Court of Chancery issued an opinion finding that ETE is contractually entitled to terminate the

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TransCanada Files $15 Billion Lawsuit for Damages Over Rejection of Keystone XL Pipeline Project

July 11, 2016

TransCanada has formally filed a lawsuit against the US government, seeking $15bn in damages over the rejection of the Keystone XL pipeline project by the US President Barack Obama in November 2016. Through arbitration under the North American Free Trade

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McDermott Secures $454 Million Contract to Fabricate and Install Abkatun-A2 Platform, Mexico

July 1, 2016

McDermott International has received a $454m contract from Pemex Exploracion y Produccion for engineering, procurement, construction and installation (EPCI) of the Abkatun-A2 platform in Mexico. Pemex Exploracion y Produccion is an E&P subsidiary of Mexican national oil company Pemex. Under

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Enterprise to Build Natural Gas Processing Facility in Delaware Basin, Texas and New Mexico

July 1, 2016

Enterprise Products Partners L.P. announced plans to build a new cryogenic natural gas processing facility and associated natural gas and natural gas liquids (NGL) pipeline infrastructure to facilitate continued growth of NGL-rich natural gas production in the Delaware Basin of

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Harsco’s Industrial Segment Secures Significant Pipeline Order for Gas Compression Coolers, Texas

June 30, 2016

Harsco Corporation has secured a significant new order for gas compression coolers produced by its Harsco Industrial Air-X-Changers/Hammco business. The order, which calls for 12 coolers to be delivered by the end of 2016, will support a new gas-fired compressor

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Lakewood Midstream and Nemaha Environmental Services Form Marketing Alliance

June 30, 2016

Lakewood Midstream LLC and Nemaha Environmental Services have formed a marketing alliance. This new alliance brings Lakewood Midstream’s marketing, transportation and logistics together with Nemaha Environmental Services’ processing and disposal expertise. Lakewood Midstream is an industry leader in capturing the

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Williams Releases Statement on ETE’s Decision to Terminate Merger Agreement

June 30, 2016

The Williams Companies, Inc. has confirmed that Energy Transfer Equity, L.P. has provided notice that it is attempting to terminate the merger agreement based on an alleged failure to satisfy the closing condition requiring delivery of a Section 721(a) tax

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