Oil, Gas and Shale
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Kinder Morgan Receives FERC Authorization for $2 Billion Elba Liquefaction Project, Georgia

June 7, 2016

Kinder Morgan, Inc. has received authorization from the Federal Energy Regulatory Commission (FERC) for the Elba Liquefaction Project. The approximate $2 billion project will be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia. As previously

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Holly Energy Acquires 50% Stake in Cheyenne Pipeline for $42.5 Million, Wyoming

June 7, 2016

Holly Energy Partners, L.P. has acquired a 50 percent interest in Cheyenne Pipeline LLC, owner of the Cheyenne Pipeline, in exchange for a contribution of $42.5 million in cash to Cheyenne Pipeline LLC. The other 50 percent interest is owned

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Big-D Construction Completes BYU-Idaho Central Energy Facility Project

June 7, 2016

Big-D Construction has completed the BYU-Idaho Central Energy Facility located in Rexburg, Idaho. The new 28,000-square-foot building, on which construction began in 2013, has allowed BYU-Idaho to replace its coal-fired boilers with natural gas-fired boilers. The original heating plant, in

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TCI Business Capital Extends Financing Program for Fort McMurray Post-Fire Restoration

June 6, 2016

TCI Business Capital will extend preferred pricing accounts-receivable financing to companies involved in rebuilding Fort McMurray and its surrounding areas, damaged as a result of wildfires. Companies providing goods and services to be used as part of rebuilding efforts will

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Pembina Pipeline Enters $130 Million Contract for Duvernay Shallow Cut Gas Plant, Canada

June 6, 2016

Pembina Pipeline Corporation has entered into agreements with a multinational, investment grade customer to construct associated infrastructure relating to the company’s 100 million cubic feet per day (MMcf/d) shallow cut gas plant, Duvernay I. The supporting infrastructure includes condensate, gas

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Callon Petroleum Completes Acquisition of Big Star’s Midland Basin Assets for $220 Million, Texas

June 6, 2016

Callon Petroleum Company has closed on the previously reported acquisition of certain assets in the Midland Basin operated by Big Star Oil and Gas, LLC, including approximately 17,298 gross (14,089 net) surface acres, primarily located in Howard County, Texas, with

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EPA Releases First-Ever Standards to Cut Methane Emissions from Oil and Gas Sector

June 6, 2016

As a further step in the Obama Administration’s commitment to take action on climate change and protect public health, the U.S. Environmental Protection Agency (EPA) is implementing comprehensive steps to address methane emissions from both new and existing sources in

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Fluor Close to Completion of Dominion’s Brunswick County Gas Power Station, Virginia

June 3, 2016

Fluor Corporation announced that it has achieved substantial completion for Dominion Virginia Power’s Brunswick County Power Station in Virginia, US. Fluor provided engineering, procurement, construction and commissioning services for the 1,358-megawatt natural gas-fueled power station in Brunswick County, Virginia. Fluor

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BP Starts Water Injection to Boost Production at Thunder Horse Project, Gulf of Mexico

June 3, 2016

BP has started water injection project at its Thunder Horse platform in the US Gulf of Mexico to extend the production life of the deepwater field. The project will increase the recovery of oil and natural gas in the one

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Mosman Oil and Gas Moves into Diamonds with Investment in Canada-based GEM International

June 3, 2016

Mosman Oil and Gas has invested C$400,000 (A$425,000) into Canada–listed diamond group GEM International. Up to now, Mosman had focused on developing its oil and gas interests in Australia but the prevailing conditions in the oil market had persuaded it

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