Company News
Boem publishes notice on NY, NJ offshore wind line
A federal agency has taken the next step in developing a key electric transmission line to serve wind development offshore New York and New Jersey, Kallanish Energy reports. ...
MPLX touting liquids storage project
HOUSTON – There’s a silent battle being waged by no fewer than three groups trying to secure customers and/or funding for underground natural gas liquids storage in the states of ...
Citing differences, Shell walks away from U.S. refining lobby
Royal Dutch Shell Plc this week said it was leaving a U.S. refining lobbying organization in 2020 because the oil supermajor disagrees with the firm’s climate policy, ...
Invictus signs Zimbabwe gas sales pact
Independent oil and gas company Invictus Energy announced Tuesday a Memorandum of Understanding (MoU) with a Zimbabwe-based manufacturer for 20 years of natural gas, Kallanish Energy learns. ...
Tree clearing begins at possible Ohio ethane cracker site
Tree clearing is under way at the site of a proposed ethane cracker plant in eastern Ohio, even though a final investment decision is still pending by ...
NS2 project on schedule after new EU rules
Construction on the $12 billion Nord Stream 2 (NS2) proceeds according to schedule after the EU passed new laws on natural gas pipelines, Kallanish Energy reports. A ...
Halcon Resources devising new strategic, financial plans
Halcon Resources reported a first quarter 2019 net loss of $336.6 million, or $2.12 per diluted share, as it develops new strategic and financial plans, Kallanish Energy ...
Eclipse, Blue Ridge close merger, change name
Eclipse Resources and Blue Ridge Mountain Resources said Thursday they’ve completed their merger, announced last August, with the melded company now known as Montage Resources Corp. The company also announced ...
Blm nets nearly $7.2M in Utah lease sale
The U.S. Bureau of Land Management raised $7.19 million on March 26 in a federal lease sale for oil and natural drilling in Utah, Kallanish Energy reports. A total of 111 ...
Iraq’s policies on upstream development ‘stalled’: GlobalData
Despite Iraq’s ambitions to expand its crude oil and natural gas production, the country’s policies to support upstream development appear stalled, Kallanish Energy learns from data/analytics firm GlobalData. Iraqi oil ...