Integrated

ExxonMobil to Share Celtic with Imperial

Imperial Oil Ltd., Canada’s second-largest integrated producer, on Wednesday said it would pay US$1.56 billion to gain a 50% interest in Celtic Exploration Ltd. after the unconventional operator is taken over by ExxonMobil Corp.

November 30, 2012

MarkWest Building Out Utica Midstream Capacity for Antero

Producer Antero Resources, which recently refocused all of its efforts on Appalachia, has signed up for Utica Shale processing, fractionation and marketing services with MarkWest Utica EMG LLC.

November 7, 2012

Deloitte: Cheap Gas Puts Some Companies in Play, MLPs Consolidating

Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to the firm’s midyear report on M&A activity.

August 8, 2012

Lack of Energy/Water Strategies a ‘Glaring Omission’

Few companies have either energy or water strategies, and fewer still have integrated energy-water strategies — “a glaring omission” — according to a white paper issued Tuesday by a pair of independent advisers to Deloitte LLP.

May 23, 2012

Enterprise’s Teague: Ethane Bears Are Talking Their Book

With ethane prices down more than 30% in January alone, consumers and analysts on the consuming end of the ethane pipeline might be tempted to say the market is moving toward saturation. Not so, said Enterprise Products Partners COO Jim Teague; the bears are “talking their book.

February 3, 2012

New U.S. Resource Plays Biggest Industry Driver in 2012, Say CFOs

Unconventional oil and natural gas resources are an increasingly bigger piece of the pie for domestic energy companies, according to a new survey.

January 11, 2012

Report: Gas Stays Major California Energy Source

Natural gas has been and will continue to be a major California energy supply source, according to a preliminary draft of the state’s Integrated Energy Policy Report (IEPR). Nevertheless, gas applications are not without uncertainties and fallout from stepped-up pipeline regulatory scrutiny in the wake of last year’s San Bruno pipeline explosion.

December 12, 2011

Report: Gas to Remain Major California Energy Source

Natural gas has been and will continue to be a major California energy supply source, according to a preliminary draft of the state’s Integrated Energy Policy Report (IEPR). Nevertheless, gas applications are not without uncertainties and fallout from stepped-up pipeline regulatory scrutiny in the wake of last year’s San Bruno pipeline explosion.

December 9, 2011

Global E&P Seen Beginning Multi-Year Growth Spending Cycle

Exploration and production (E&P) companies are in the early stages of a “multi-year, double-digit growth spending upcycle” around the globe that is characterized by increased drilling in complex geologies on land, as well as deepwater development, according to a new survey by Barclays Capital analysts.

December 7, 2011

Propane Player Cites Shale Liquids in Midstream Deal

Propane company NGL Energy Partners LP had its eye on North America’s expanding liquids-rich shale plays when it agreed to acquire the natural gas liquids (NGL) assets of SemGroup Corp.’s SemStream LP in a deal worth about $283 million.

September 6, 2011