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
Targa Resources signs $1.6bn deal to sell 45% stake in Bakken assets
Targa Resources has signed agreements to sell a 45% interest in certain assets in North Dakota’s Bakken shale play to funds managed by GSO Capital Partners and Blackstone Tactical Opportunities in a $1.6bn all-cash transaction.
Qatar Petroleum signs deals to boost localisation of energy industry
Qatar Petroleum has entered agreements worth more than QR9bn ($2.47bn) with international oil and gas firms as part of a localisation programme to boost the domestic energy industry and reduce dependence on imports.
KCA Deutag wins international drilling contracts worth $110m
KCA Deutag’s (KCAD) land drilling operation has been awarded new contracts and contract extensions worth $110m to perform onshore drilling in the Middle East, Russia and Africa.
Berkshire Hathaway buys new stake in Canada’s Suncor Energy
US-based multinational conglomerate Berkshire Hathaway has disclosed that it has acquired a new stake in Canadian oil and gas company Suncor Energy.
Canada’s Encana acquires Newfield Exploration Company for $5.81bn
Canadian firm Encana has closed the previously announced acquisition of US-based exploration and production company Newfield Exploration Company in an all-stock transaction worth C$7.7bn ($5.81bn).
US university to develop oil and gas operations emission calculator
A team led by the University of Texas at Austin in the US has received a research project to develop a tool to model emissions inventories from oil and gas production.
Dominion Energy pledges 50% reduction in methane emissions
Dominion Energy has committed to reducing methane emissions from its natural gas infrastructure by 50% by 2030.
UK rejects permission for Cuadrilla’s fracking plans at second site
The UK Government has refused to award planning permission to Cuadrilla to undertake fracking at a second site in Lancashire.
DEA wins exploration block licence in Egypt’s onshore Nile Delta
German oil and gas exploration and production company DEA has obtained a new licence for an exploration block in Egypt’s onshore Nile Delta.
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