The number of earthquakes east of the U.S. Rocky Mountains has increased dramatically since 2009, coinciding with the increase in oil and natural gas production from shale formations, according to the U.S. Geological Society.
INEOS’s $1.3 billion acquisition of all DONG Energy’s assets in the North Sea has been cleared by the European competition watchdog in less than a month since the transaction was announced, Kallanish Energy reports.
Norwegian oil major Statoil said this week it has received the green light from local authorities to develop and operate the Njord and Bauge oil fields in the Norwegian Sea, in projects estimated to cost $2.34 billion.
Polish gas transmission operator GAZ-SYSTEM halted on Wednesday Russian natural gas deliveries via the Yamal-Europe pipeline due to “poor quality” of fuel, but supply is expected to resume today, Kallanish Energy learns from the company.
The Kemper facility, a first-of-its-kind “clean coal” power plant that utility-owner Southern Co. spent years and billions of dollars constructing in Mississippi, may never burn coal — and instead will fire with natural gas.
Midstreamer Crestwood Equity Partners and private equity firm First Reserve, via joint venture Crestwood Permian Basin Holdings, has completed the acquisition of Crestwood’s Willow Lake gathering/processing assets in Eddy County, N.M., assets valued at $151 million.
Noble Midstream Partners said it’s entered into a deal to acquire additional interests in Colorado River DevCo and Blanco River DevCo in a dropdown transaction valued at $270 million, from sponsor Noble Energy.
The Trump administration announced on Tuesday that it will enforce Obama-era regulations on methane venting and flaring from oil and natural gas production on public lands, while it seeks to rewrite the rule to be more industry friendly, Kallanish Energy reports.