Monday, March 3, 2025

EPA Raises Emissions Reduction Goal by 2% in Final Clean Power Plan

Latest version of the bill offers greater flexibility with higher standards The Environmental Protection Agency (EPA) released its final version of the Clean Power Plan (CPP) today, with several changes made from the last version. The final version of the CPP targets carbon emission levels 32% below those in 2005, 2% lower than the last version of the bill, according

The Oil & Gas Conference

EnerCom’s 20th Anniversary The Oil & Gas Conference® Begins Aug. 16

North America’s Largest Energy-Focused Investor Conference Comes to Denver Aug. 16-20 Conference presenters are operating in more than 40 countries on six continents  Enterprise values of presenting companies range from $160 billion to $9 million CNBC and Fox Business to broadcast live coverage from the conference The world’s oil and gas industry will showcase itself to investors in Denver in

Shell to Strengthen Russian Hand Through Gazprom Asset Swap

Story by Bloomberg Royal Dutch Shell Plc will swap a stake in one of its international energy assets for part of Gazprom PJSC’s Sakhalin-3 project as Europe’s biggest oil company extends ties with Russia. The companies are discussing which asset would be offered to Gazprom, Shell Chief Executive Officer Ben Van Beurden said last week in London. For Shell, the

Devon Energy Elects New President and CEO

Devon Energy Corp. (DVN) announced today that its board of directors has elected Dave Hager (58), most recently Devon’s chief operating officer, as the company’s new president and chief executive officer. Hager succeeds John Richels (64), who announced plans to retire in December 2014. Hager assumed the roles of president and CEO on Aug. 1, the day after Richels’ retirement

EU regulators suspend review of Halliburton, Baker Hughes

Story by Reuters European Union antitrust regulators have suspended their review of Halliburton Co’s $35 billion bid for oilfield services rival Baker Hughes Inc because the companies have failed to provide sufficient data. The European Commission, which had previously set an Aug. 27 deadline for its decision on the deal, will set a new deadline once it receives the relevant

Natural Gas Pipeline from Iran to Iraq could be Ready in 20 Days

Iranian Gas Engineering and Development Company says pipeline could be ready before the end of August Managing Director of the Iranian Gas Engineering and Development Company Alireza Gharibi said the company finished testing 100 kilometers (about 62 miles) of pipeline that will run from Iran to neighboring Iraq. Gharibi said the company hopes to export natural gas to Iraq in

Sempra’s IEnova To Acquire PEMEX’s Equity Interest In Joint Venture for $1.3 Billion

Sempra Energy’s (SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IENOVA) (IENOVA.MX) and Petróleos Mexicanos (PEMEX) today jointly announced that IEnova has agreed to purchase PEMEX’s 50-percent equity interest in the Gasoductos de Chihuahua joint venture for $1.325 billion, plus the assumption of approximately $170 million in net debt. The transaction is expected to be about $0.05 accretive to Sempra

Sunoco LP Completes Acquisition of Susser Holdings Corporation

Sunoco LP (SUN) announced today that it has completed the acquisition of Susser Holdings Corporation (SHC) from ETP Holdco Corporation and Heritage Holdings, Inc., wholly owned subsidiaries of Energy Transfer Partners, L.P. (ETP). The transaction is valued at approximately $1.93 billion. SUN paid $966.9 million in cash and issued ETP’s subsidiaries approximately 21.98 million SUN units, valued at approximately $966.9

Emerald Oil Announces Venture With Koch Exploration, Results of Southern McKenzie County Wells & Midstream Joint Venture

Emerald Oil, Inc. (NYSE MKT: EOX) (“Emerald” or the “Company”) today announced a venture with Koch Exploration Company, LLC, the results of two Southern McKenzie County wells, and the initiation of a Midstream Joint Venture. Koch Exploration Venture Emerald has entered into a purchase and sale agreement and other related agreements with Koch Exploration, a wholly-owned subsidiary of Koch Industries,

MLP Second Quarter 2015 Earnings

MLP Earnings for the Three Months Ended June 30, 2015 August 13 Sanchez Production Partners – NYSE MKT: SPP August 12 Shell Midstream Partners – NYSE: SHLX August 10 American Midstream Partners – NYSE: AMID EV Energy Partners – NASDAQ: EVEP   August 6 Breitburn Energy Partners – NASDAQ: BBEP CSI Compressco LP – NASDAQ: CCLP Magellan Midstream Partners –