MarkWest Utica EMG LLC has clinched an agreement with Rex Energy Corp. to expand its Utica Shale midstream infrastructure.
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Shell Clinches Shale Gas Agreement in Ukraine
Royal Dutch Shell plc has clinched a production sharing agreement in Ukraine to explore shale gas deposits in the Yuzivske gas field, which may evolve into the “largest investment in Ukrainian history,” according to the nation’s energy minister.
BP Takes Stake in Rosneft for Hefty Payday
BP plc last week clinched a mega-deal to sell its troubled half-stake in Russian explorer TNK-BP to Russian energy giant OAO Rosneft for $17.1 billion in a cash-and-stock transaction.
BP Takes Stake in Rosneft for Hefty Payday
BP plc on Monday clinched a mega-deal to sell its troubled half-stake in Russian explorer TNK-BP to Russian energy giant OAO Rosneft for $17.1 billion in a cash-and-stock transaction.
Williams Accord Expands Canada Gas Processing Volumes 60%
Williams has clinched a long-term natural gas processing agreement that expands its Canadian natural gas processing volumes by 60% and opens the door to a growing petrochemical business.
Williams Expands Canadian NGL Operations with Oilsands Agreement
Williams on Wednesday clinched a long-term natural gas processing agreement with an undisclosed Canadian oilsands producer that would significantly expand the Tulsa operator’s liquids and transportation business.
Shell, Chevron Grab Chesapeake Permian Stakes
Chesapeake Energy Corp. on Wednesday clinched multiple agreements to sell most of its prized Permian Basin properties to heavyweights Royal Dutch Shell plc and Chevron Corp. and its remaining midstream properties to Global Infrastructure Partners (GIP), which together with other asset sales would give the cash-strapped producer total net proceeds of $6.9 billion.
NiSource, Hilcorp Partner in Utica Midstream, Upstream Ventures
NiSource Inc. has clinched two joint ventures (JV) in the Utica Shale with Hilcorp Energy Co. to construct midstream facilities and to develop a “significant acreage block” in the Utica/Point Pleasant formation in northeast Ohio and western Pennsylvania.
Shell to Test Mackenzie Valley’s Canol Shale in Farmout
Canadian junior producer MGM Energy Corp. on Thursday clinched a farm-out agreement in the Mackenzie Valley’s Canol Shale with a subsidiary of Royal Dutch Shell plc. Financial terms were not disclosed.
ExxonMobil to Use North American Drilling Expertise in Western Siberia
ExxonMobil Corp. and Russia’s OAO Rosneft on Friday clinched a partnership agreement to develop oil reserves in tight, low-permeability formations in Western Siberia using advanced drilling technologies that ExxonMobil has employed successfully in North America’s onshore.