The Trump administration is delaying implementation of a federal rule to limit methane leaks from drilling on federal lands, but it may be attempting to kill the Obama-era regulation, Kallanish Energy reports.
The new chairman of the Federal Energy Regulatory Commission wants more time to act on a controversial Trump administration proposal to provide cost recovery to coal-fired and nuclear power plants, Kallanish Energy reports.
Greylock Energy has acquired substantially all of the Appalachian Basin gas production and midstream assets of West Virginia-based Energy Corporation of America in a recent deal, Kallanish Energy reports.
Two Colorado-based drilling companies are merging in a $649 million deal, Kallanish Energy reports. Denver-based Bill Barrett Corp. and Fifth Creek Energy will become subsidiaries of a new publicly traded holding company.
Private equity firm ArcLight Capital Partners’ LOGOS Resources II portfolio company is acquiring independent producer WPX Energy's legacy gas properties and undeveloped Mancos acreage in the San Juan Basin.
West Virginia Gov. Jim Justice earlier this week was short on specifics, but showed enthusiasm for what he termed a “deathly serious” $83.7 billion China Energy investment plan for shale gas and petrochemical projects in West Virginia, the Wheeling (W.V.) News-Register newspaper reported.