gas Archives - Page 2 of 26

EIA’s weekly natural gas products provide timely natural gas information

April 10, 2020

EIA The U.S. Energy Information Administration (EIA) provides daily and weekly information on natural gas market activity and drivers in three weekly products: the Weekly Natural Gas Storage Report, the Natural Gas Storage Dashboard, and the Natural Gas Weekly Update. Natural gas is a significant source of energy in the United States, accounting for nearly one-third of total U.S. energy consumption last year. Natural

Tallgrass Energy Receives ‘Take Private’ Proposal

August 28, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Tallgrass Energy receives preliminary proposal letter from Blackstone Infrastructure Partners offering to take the company private Tallgrass Energy LP (stock ticker: TGE), a midstream infrastructure company, received a non-binding preliminary proposal letter from Blackstone Infrastructure Partners (stock ticker: BX) on Tuesday, offering to acquire all of the outstanding Class A shares

Repsol Sinopec Brazil, Ouro Negro and PUC-Rio Expand Technological Partnership

August 28, 2019

From World Oil Repsol Sinopec Brazil, Ouro Negro and the Mechanical Engineering Department of PUC-Rio’s Technical and Scientific Center (CTC/PUC-Rio) are expanding their technological partnership, developing a through tubing logging profiling tool to assess cement quality in lined wells. “The proposal is to have a tool that enables the detection of cement anomalies in the adjacent layer and not only

BP Divests Alaska for $5.6 Billion

August 27, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 BP sells its entire Alaskan business to Hilcorp for a total consideration of $5.6 billion BP (stock ticker: BP), through its subsidiary BP Alaska, has agreed to sell its entire business in the state to Hilcorp Alaska, a subsidiary of Hilcorp Energy Company, for a total consideration of $5.6 billion. Under

President and CEO of Panhandle Oil and Gas Resigns

August 27, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Paul F. Blanchard Jr. steps down as president, CEO and director of Panhandle Oil and Gas Panhandle Oil and Gas (stock ticker: PHX), a mineral and leasehold acreage-focused capital allocator, has announced that Paul F Blanchard Jr., the company’s president, chief operating officer and a member of its board of directors,

Mexico Expects to Save $4.5 Billion After Pushing Firms to Rework Pipeline Contracts

August 27, 2019

From Reuters Mexico’s government said on Tuesday it had persuaded companies to waive “significant” profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion. The deal announced by President Andres Manuel Lopez Obrador and the head of state-run power utility the Federal Electricity Commission (CFE) at a news conference will

Horizontal drilling operations Encana - Oil & Gas 360

Encana Closes on Sale of Arkoma Basin Natural Gas Assets

August 27, 2019

Encana Closes on Sale of Arkoma Basin Natural Gas Assets

Tamarack Valley Energy canada-flag-3 Oil & Gas 360

Tamarack Valley Energy, Ltd. Announces Minneapolis Stop on Non-Deal Roadshow

August 27, 2019

Tamarack Valley Energy, Ltd. (TSX – TVE), is an oil and gas company whose return-focused growth strategy targets the drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. The Company announced that it will make a stop in Minneapolis on its US non-deal roadshow (“NDR”) on Monday, September 9, 2019. You can review

GE Oil & Gas Alum Joins Tech Company as CCO - Oil & Gas 360

Verisk to Acquire Genscape

August 26, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Genscape will become a part of Verisk subsidiary Wood Mackenzie Verisk (stock ticker: VRSK), a data analytics provider headquartered in New Jersey, has signed a definitive agreement to acquire Genscape, a provider of real-time data for commodity markets, from Daily Mail and General Trust (DMGT) for $364 million in cash. As

ExxonMobil Partners with Carbon Capture Company

August 26, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 ExxonMobil partners with Mosaic Materials in order to pursue carbon capture technology ExxonMobil (stock ticker: XOM), an international oil and gas supermajor, has partnered with Mosaic Materials, a chemicals and engineering company, in order to explore and advance technology that can be used to remove carbon dioxide from emissions sources. The

Next-day natural gas prices at the Waha hub in the Permian basin in West Texas fell below zero for the first time since early April.- Oil & Gas 360

Equinor Site Remains Shut In Following Drilling Rig Fire in Karnes County

August 26, 2019

From The Houston Chronicle A natural gas well belonging to the Norwegian oil giant Equinor remains shut in following a weekend fire at one of its drilling sites in Karnes County. The fire happened at Equinor’s Neller-Runge 1-Runge 2 lease off FM 885 a few miles south of Runge around 3:45 a.m. Saturday, the Karnes County Sheriff’s Office reported. Crews

Oil Services Firm TechnipFMC to Split Into Two Publicly Traded Companies

August 26, 2019

From Reuters Franco-American oil services firm TechnipFMC Plc (FTI.N) said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies. TechnipFMC, which had a market capitalization of $10.31 billion, said the new Paris-based company will deal with onshore and offshore oil and gas

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