U.S. gas producer Southwestern Energy Co (SWN.N) on Wednesday agreed to buy privately held Indigo Natural Resources LLC for about $2.7 billion, bulking up its operations to take advantage of rising gas prices.
Dealmaking has risen in the energy sector as increased vaccinations boosted travel demand, and as producers look to scale up to cut costs after the COVID-19 pandemic caused one of the industry's worst downturns.
Southwestern-Indigo has become the largest pure-play deal ...
Strategic Biofuels LLC is developing a project for construction of a grassroots renewable fuels plant on a 171-acre site at the Port of Columbia in Caldwell Parish, La., about 25 miles south of Monroe.
To be operated by subsidiary Louisiana Green Fuels LLC (LGF), the proposed plant would use established refinery processes to produce up to 32 million gal/year of renewable fuel from a feedstock of wood waste made up of timber byproducts supplied by responsibly ...
Attorney General Jeff Landry announced Wednesday that he joined Louisiana to a 21-state coalition petitioning the Southern District of Texas to invalidate the Biden Administration's executive order canceling the Keystone XL Pipeline project.
In a release from the attorney general's office, Landry has filed suit to protect the validly authorized construction and operation of the Keystone XL Pipeline.
“In the blink of an eye and through executive fiat, the Biden Administration unleashed a flood of ...
Venture Global LNG may begin exports from its 10-million tonne/year (tpy) Calcasieu Pass liquefaction plant in Cameron Parish, La., in late 2021, according to recent filings with the US Federal Energy Regulatory Commission (FERC). Calcasieu Pass anticipates that it will begin full export operations in mid-2022 and plans for a phased operational start-up that could include first exports in late 2021.
Site construction began in February 2019, with Venture Global taking final investment decision (FID) later that ...
Valero Energy Corp. has commissioned a new alkylation complex based on novel proprietary process technology from Lummus Technology LLC at subsidiary Valero Refining New Orleans LLC’s 340,000-b/d St. Charles refinery in Norco, La. (OGJ Online, Apr. 25, 2019).
With a high-octane alkylate production capacity of 17,000 b/sd, the St. Charles refinery’s new alkylation complex is equipped with Lummus’s CDAlky C5 alkylation process, which uses a low-temperature sulfuric acid alkylation process to convert C5
Accounting professional, Idalia Romanos, will discuss how to go about reading and managing the statements that royalty owners receive each month accompanying their check. Idalia will discuss the different codes, columns, and figures contained in a normal royalty statement and direct royalty owners on what they should be looking out for in order to best manage their asset.
Shell Pipeline Co. LP has contracted oilfield services (OFS) provider Danos to provide instrumentation and electrical upgrades to its Houma, La., facility, Danos reported Thursday.
“Because we have a long-standing history with Shell Pipeline, our crews are familiar with the work and with the facility,” remarked Mark Danos, Danos owner, in a written statement emailed to Rigzone. “This allows us to provide a turnkey solution for our valued customer.”
The OFS firm pointed out that ...
Blackstone (NYSE: BX) has announced that private equity funds managed by Blackstone Energy Partners have closed the sale of their approximately 42 percent stake in Cheniere Energy Partners, L.P. to Brookfield Infrastructure and funds managed by Blackstone Infrastructure Partners.
The deal, which is said to value the approximately 42 percent stake at $7 billion, represents the culmination of Blackstone Energy Partners’ more than years of involvement with Cheniere, according to Blackstone. Back in 2012, Blackstone Energy Partners and ...
The Louisiana Chapter of NARO is pleased to announce an upcoming online webniar free to all NARO members! Please make plans to join us Tuesday, September 8th at 10am CDT when Dr. Upton will be presenting on mineral revenues in Louisiana.
Dr. Greg Upton is Associate Professor-Research at the Center for Energy Studies at Louisiana State University (LSU). Dr. Upton's research interests are related to the analysis of economic, environmental and public ...
HOUSTON - Williams & Williams, a leader in global live and interactive real estate auctions announced it will auction surplus real estate assets for Halliburton through live and online auction events Oct 7-9. The auctions, which will be held in five US states plus Canada, feature industrial buildings and land. The auctions are offered in conjunction with JLL.
Properties are located in Sandersville, MS; Belfield, ND; Edmonton, AB; and Sonora, Odessa and Brownfield in Texas; Artesia & ...