The Alberta Carbon Trunk Line (ACTL) is a 240km-long, 16in-diameter pipeline that is...
- Canadian oil sands: discounts to persist without new pipeline capacity
- Best performing wells in Permian break even at as low as $22 per barrel
- The US leads globally in planned polyethylene capacity additions
- Ten largest upcoming onshore gas projects globally will be produced by Russia
- China leads globally on planned hydrocracker unit capacity additions
November’s top news stories
Encana signed a deal to acquire Newfield Exploration Company in a $5.5bn deal, and Anadarko Petroleum signed a $4.015bn agreement to sell nearly all of its remaining midstream assets to its master limited partnership Western Gas Partners (WES). Hydrocarbons-technology.com wraps up the key news headlines from November 2018.
India to invest $9.91bn to expand gas pipeline network
The Indian Government is reportedly planning to make an initial investment of Rs700bn ($9.91bn) to extend the gas pipeline network across the country.
Enbridge to sell New Brunswick gas distribution business for $248.56m
Affiliates of Canadian natural-gas pipeline company Enbridge have signed an agreement to sell Enbridge Gas New Brunswick gas distribution business to Liberty Utilities (Canada) for C$331m ($248.56m).
YPF and Petronas to invest $2.3bn in Argentina shale project
Argentinean oil and gas company YPF has signed an agreement with Malaysia’s Petronas to jointly invest $2.3bn over the next four years in a shale oil project in the La Amarga Chica block, Neuquén province.
Southwestern Energy completes sale of Fayetteville shale business
Southwestern Energy Company has completed the $1.865bn divestment of its Fayetteville shale business in Arkansas, US, to oil and natural gas firm Flywheel Energy.
Union Jack concludes purchase of stake in UK onshore licence PEDL183
Union Jack Oil has closed the farm-in deal with Rathlin Energy (UK) to acquire a 16.665% licence interest in petroleum exploration and development licence PEDL183 in the UK.
GEECL to invest $2bn in Raniganj (South) CBM block in India
India-based coal bed methane (CBM) production firm Great Eastern Energy (GEECL) has announced plans to invest $2bn in its Raniganj (South) block in the state of West Bengal over the next ten years for exploitation of shale reserves.
Morocco approves Predator Oil & Gas exploration licence application
The Morocco government has approved Predator Oil & Gas’ application for a licence for hydrocarbon exploration and appraisal onshore northern Morocco.
President Energy acquires operating interest in Rio Negro concessions
UK-based oil and gas exploration firm President Energy has closed the acquisition of a 90% operating interest in the Las Bases and Puesto Prado concessions in Rio Negro Province, Argentina.
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