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

Par Pacific Holdings Completes $55 Million Investment in Laramie Energy

March 7, 2016

Par Pacific Holdings, Inc. completed its $55 million investment in Laramie Energy, LLC on March 1, 2016. Simultaneously, Laramie completed its acquisition of certain properties in the Piceance Basin for $157.5 million. With the completion of the acquisition and related

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Entergy Acquires Natural Gas-fired Generating Facility Union Power Station, Arkansas

March 7, 2016

Taking a major step toward providing additional efficient, clean energy resources for new and existing customers and modernizing the company’s power generation fleet, Entergy Corporation’s subsidiaries, Entergy Arkansas, Inc., Entergy Louisiana, LLC, and Entergy New Orleans, Inc. closed their purchase

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Artemis Liquids Starts Open Season for Marcellus/Utica Rail & Terminal Project, New Jersey

March 7, 2016

Artemis Liquids LLC is holding an open season for its rail and terminal project, NJ Market ConX, to move propane from the Marcellus/Utica basin to its terminal facility on the Delaware River in New Jersey. Artemis Liquids was created to

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Continental Resources and Whiting Petroleum Halting Projects in Bakken Shale Areas

March 4, 2016

Two of the largest oilers are to abandon swathes of projects in an area, which was one of the biggest drivers of the US shale boom. It marks another milestone in the cooling of the once booming US shale boom

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Husky Energy Commences Operations at Edam East Heavy Oil Thermal Project, Canada

March 4, 2016

Husky Energy has commenced steam operations at the 10,000 barrels per day (bbls/day) Edam East heavy oil thermal project in Saskatchewan, Canada. Expected to produce first oil early in the second quarter, the Edam East development is the first of

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Duke Energy Celebrates Construction of New Natural Gas Plant, Florida

March 3, 2016

Duke Energy hosted a groundbreaking ceremony on March 2, 2016 for the new 1,640 megawatt combined-cycle natural gas plant in Citrus County that will help serve Florida’s 1.7 million customers starting in 2018. “Building highly efficient natural gas plants is

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Air Products Holds Groundbreaking Ceremony for World-Class Steam Methane Reformer, Texas

March 3, 2016

Air Products held a groundbreaking ceremony at Covestro’s Baytown, Texas facility where Air Products will invest $350-$400 million to build, own and operate a world-scale steam methane reformer (SMR). The SMR will produce hydrogen and carbon monoxide (CO) to be

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Pennsylvania’s West Penn Power Celebrates 100th Anniversary

March 3, 2016

Tracing its roots to a collection of companies that once generated power to illuminate downtown streetlights and operate electric passenger railways, West Penn Power, a FirstEnergy Corp. subsidiary, marks its 100th anniversary on March 1. “The world has changed immeasurably

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Bechtel Commissions First LNG Cargo from Louisiana’s Sabine Pass Train 1 Heading to Brazil

March 2, 2016

The first commissioning cargo with liquefied natural gas (LNG) from Train 1 at Sabine Pass Liquefaction project departed February 24 aboard LNG carrier Asia Vision and is heading to Brazil. Bechtel is the lump-sum turnkey contractor for the five liquefaction

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ClearMetal Unveils First Predictive Intelligence Platform for Shipping Logistics

March 2, 2016

ClearMetal has launched the first predictive intelligence platform built to solve a top shipping industry problem — knowing how to manage all assets efficiently. Using a groundbreaking approach, the ClearMetal Predictive Intelligence Platform drives profitability by eliminating uncertainties and giving

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