Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

BusinessCash Group Expands Supply Chain Financing Program

April 4, 2016

BusinessCash is expanding their Supply Chain Financing (SCF) or Reverse Invoice Factoring program. The goal of the SCF program is to allow businesses to maximize affordable liquidity and improve their working capital while also allowing their business to streamline invoices

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Bear Head LNG to Acquire Additional Land to Support Its LNG Strait of Canso Expansion, Nova Scotia

April 1, 2016

Liquefied Natural Gas Ltd has said that its 100 percent owned subsidiary, Bear Head LNG Corporation, Inc. (Bear Head LNG), has reached an agreement to purchase additional land from Nova Scotia Business Inc. (NSBI). The land purchase will support expansion

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West Virginia University Forms Multi-university Energy Research Group

April 1, 2016

West Virginia University has formed a partnership with three other research universities in Ohio and Pennsylvania to coordinate and collaborate on projects related to innovation in energy. WVU, Case Western Reserve University, Carnegie Mellon University and the University of Pittsburgh

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Tallgrass Development to Acquire Additional Interest in Rockies Express Pipeline

March 31, 2016

Tallgrass Development, LP’s wholly owned subsidiary, Rockies Express Holdings, LLC, has signed a purchase agreement with a unit of Sempra U.S. Gas and Power to acquire Sempra’s 25 percent membership interest in Rockies Express Pipeline LLC (REX) for cash consideration

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Seven Generations Starts Processing Liquids-Rich Natural Gas at New Cutbank Plant, Northwest Alberta

March 31, 2016

Seven Generations Energy Ltd. has completed the construction and commissioning of its Cutbank processing plant at the company’s Kakwa River Project in northwest Alberta. The Cutbank plant is designed to process 250 million cubic feet per day (MMcf/d) of liquids-rich

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Saturn Minerals Completes Bannock Creek Oil Exploration Well, Canada

March 31, 2016

Saturn Minerals Inc. has completed the oil exploration well at its Bannock Creek project. A well head has been secured, a packer has been set at the top of the tested zones and the well has been shut in. All

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Dominion Receives Approval to Build Greensville Gas Power Station, Virginia

March 30, 2016

The Virginia State Corporation Commission (SCC) has approved Dominion Virginia Power’s request for a certificate of public convenience and necessity to build a state-of-the-art natural gas-fired power station in Greensville County. “We are pleased that the SCC has granted approval

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Southern Company, AGL Resources Receive Merger Approval from California Regulators

March 30, 2016

Southern Company and AGL Resources have received unanimous regulatory approval of the companies’ proposed merger from the California Public Utilities Commission. AGL Resources is the parent company of Central Valley Gas Storage, a natural gas storage facility located in the

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Linde’s California LNG Plant Receives Responsible Care® Certification

March 30, 2016

Linde LLC has received certification of its Altamont, California, liquefied natural gas (LNG) plant under the American Chemistry Council’s Responsible Care® program. “Responsible Care certification is consistent with our values as a team in Altamont, and recognizes the approach we

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Valero Energy to Acquire McKee Terminal Services Business in U.S. for $240 Million

March 30, 2016

Valero Energy Partners (VLP) has agreed to acquire the McKee Terminal Services Business from a subsidiary of Valero Energy for $240m. The assets include a terminal business that supports Valero’s McKee refinery. The fee-based master limited partnership, Valero Energy Partners

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