Sunday , April 28 2024

Energy News

$900 million notes offered by Phillips 66 Partners

Phillips 66 Partners LP announced Wednesday it is offering $900 million in unsecured senior notes with intentions to use the proceeds to repay indebtedness. The offering includes $300 million of 2.450% unsecured senior notes due 2024 and $600 million of 3.150% unsecured senior notes due 2029. The 2024 notes were …

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Williams finishes expansion of Northeast US pipeline

Tulsa’s Williams Cos. announced it has placed into full service its Rivervale South to Market project which is an expansion of the existing Transco natural gas pipeline system to meet growing heating and power generation demand for consumers in the northeast U.S. The Rivervale South to Market project provides 190,000 …

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Another liquefaction train is completed by Cheniere Energy

Houston’s Cheniere Energy, Inc.  announced that Substantial Completion of Train 2 of the Corpus Christi liquefaction project was achieved on August 28, 2019. Commissioning is complete and Cheniere’s EPC partner Bechtel Oil, Gas and Chemicals, Inc. has turned over care, custody, and control of Train 2 to Cheniere. Cheniere, its …

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Private firm acquires EPA Regional headquarters building in KC

The building where the Region 7 headquarters of the Environmental Protection Agency are located in Lenexa, Kansas has a new owner. Washington, D.C.-based Easterly Government Properties announced its acquisition of the 169,585-square foot building. The EPA is the only tenant in the GSA-leased office building. The company did not disclose …

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Firm agrees to $2.3 million in penalties over Arkansas oil spill

A Tennessee energy company has agreed to pay $2.3 million in civil penalties to settle alleged violations over a 2013 oil spill in southwest Arkansas. Delek Logistics Partners, headquartered in Brentwood, Tennessee was accused of the violations from the spill that occurred at a storage and transfer station. An estimated …

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Southern Oklahoma—not enough workers to fill the jobs

A lot of “Help Wanted” ads can be seen in southern Oklahoma and the pattern has the attention of employers in cities like Ardmore. There, an Express Personnel spokeswoman indicated it’s a matter of not enough workers to fill the needs of companies. It’s a workforce issue. The Daily Ardmoreite …

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Firms are split over rollback of methane gas regulations

Big oil and gas companies appear to be divided over their stand  on the Trump administration’s move to roll back Obama administration regulations on methane. The administration’s move on Thursday drew response for and against as Seeking Alpha, an investment analyst noted. Exxon Mobil reiterates support for the direct regulation of methane …

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No letup in Oklahoma’s rig count decline

The slow steady decline of the number of active oil and gas rigs continues in Oklahoma and across the U.S. Oklahoma has nearly 60 fewer rigs than a year ago. Baker Hughes Co. reports Oklahoma’s count dropped by 2 more in the past week to reach 80 rigs, a far …

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NGL Energy announces $150 million share repurchase program

Tulsa-based NGL Energy Partners LP has launched a $150 million share buy back program. The announcement came on Friday as the company’s Board of Directors of its general partner said it was attempting to repurchase its outstanding units representing limited partnership interest of NGL through September 30, 2021. NGL may …

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