Construction on a crude oil refinery in North Dakota billed as the “cleanest” and first new U.S.-based facility in 50 years is ongoing despite a lawsuit that challenges the legitimacy of the state’s permitting process.
Meridian
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California Firm Pursues Refinery in North Dakota
Privately held Meridian Energy Group Inc. made initial filings Wednesday to develop a refinery in the Bakken Shale play in Billings County, ND.
LNG From Planned Louisiana Terminal Slated For UK
Meridian LNG Holdings Corp. has signed up for 2 million tonnes per annum (mtpa) of tolling capacity at the liquefied natural gas (LNG) export terminal being developed by Liquefied Natural Gas Ltd.’s (LNGL) Magnolia LNG LLC on the Calcasieu Ship in Lake Charles, LA.
Ocean and Seagull Combine to Cut Costs
Just eight months after it merged with United Meridian Corp.,Ocean Energy Inc. agreed last week to merge with Seagull EnergyCorp. in a tax-free, stock-for-stock deal creating the 10th largestindependent U.S. oil and gas company based on a pro forma totalmarket equity capitalization of $1.8 billion.