Archive for the ‘Other Unconventional’ Category
Swift Energy Co., a Houston independent focused on the Eagle Ford shale of South Texas, filed voluntary petitions on Dec. 31, 2015, for relief under Chapter 11 of the US Bankruptcy Code in US Bankruptcy Court for the District of Delaware. The action in…
Chevron Corp. plans a $26.6-billion capital and exploratory investment program for 2016, including $4.5 billion of planned expenditures by affiliates. The budget is 24% lower than total expected investments for 2015.
Merle Johnson has been appointed chief executive officer and director of Calgary-based in situ oil sands developer Connacher Oil & Gas Ltd. Johnson most recently served as Connacher’s chief operating officer. He succeeds Brent de Jong who most recently served as interim chief executive officer and chairman.
API, NGSA separately caution EPA on possible methane emissions rules
December 4th, 2015 by Latest News
The US Environmental Protection Agency should not move too quickly to impose addition methane emissions regulations on producers, two national oil and gas associations separately said on Dec. 3.
MPLX LP, a Findlay, Ohio-based master limited partnership formed by Marathon Petroleum Corp. in 2012, and MarkWest Energy Partners LP of Denver have completed their previously announced $15.8-billion merger by which MarkWest became a wholly owned subsi…
Canadian Oil Sands Ltd. (COS) is advising its shareholders to take no action on Suncor Energy Inc.’s revised expiration date for its unsolicited takeover bid for COS. Suncor extended the expiry from Dec. 4 to Jan. 8, 2016. Both companies are based in Calgary.
New Alberta climate plan has oil sands emissions limits, carbon tax
November 23rd, 2015 by Latest News
Saying it was past time for Canada’s major energy-producing province to start addressing climate change, Alberta Premier Rachel Notley released a climate management plan that would begin to limit oil sands emissions, broaden and improve its existing carbon pricing system, and move the province away from coal-fired power generation.
Congress should let the US government go idle for lack of funding if that’s what’s necessary to stop the Obama administration from creating an energy crisis.
The American Petroleum Institute issued new editions of its hydraulic fracturing standards to help operators continuously improve well integrity, groundwater protection, and environmental safety. The shale development standards, which API last updated …
A federal court judge in Wyoming issued a preliminary injunction that will keep the US Bureau of Land Management from enforcing its hydraulic fracturing rule until legal challenges against it are resolved.