Offshore activity continues to grow as development begins on a slate of recent discoveries, a sharp contrast to onshore operators, whose “attitude was rather somber,” according to analysts with Raymond James & Associates Inc., who shared their takeaways from the Offshore Technology Conference (OTC) held earlier this month in Houston.
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Raymond James: Offshore Operators ‘Full of Optimism’
Offshore activity continues to grow as development begins on a slate of recent discoveries, a sharp contrast to onshore operators, whose “attitude was rather somber,” according to analysts with Raymond James & Associates Inc., who shared their takeaways from last week’s Offshore Technology Conference (OTC) in Houston.
Trio of Oneok Projects Enters Service
Oneok Partners LP has completed three projects that are part of an ongoing growth program worth roughly $5 billion. The partnership’s Bakken NGL Pipeline, Stateline II gas processing facility and new ethane header pipeline have all entered service, the partnership said Tuesday.
SandRidge Reluctantly Accepts Hedge Fund’s Board Candidates
Following a judge’s decision in favor of TPG-Axon Capital, SandRidge Energy Inc. last week cleared the way for shareholders to consider a slate of candidates proposed by the hedge fund to replace SandRidge’s entire board of directors.
SandRidge Shareholders to Consider Hedge Fund’s Board Candidates
Following a judge’s decision in favor of TPG-Axon Capital, SandRidge Energy Inc. on Tuesday cleared the way for shareholders to consider a slate of candidates proposed by the hedge fund to replace SandRidge’s entire board of directors.
People
Wyoming Gov. Matt Mead submitted his slate of agency, board and commission appointments to his state Senate, including 10 that impact the energy sector. Mead reappointed Todd Parfitt as head of the state Department of Environmental Quality and Bill Russell as one of the three-member Public Service Commission (PSC), along with adding a new PSC nominee, Kara Brighton. For the 12-member Energy Resource Council at the University of Wyoming, he reappointed Carl Bauer, a private-sector consultant; resubmitted two earlier appointments from last year, Martha Wyrsch from Vestas American Wind; and Jeane Hull from Peabody Energy; and added two industry representatives, Tom Botts, a retired Shell Oil executive, and David Emery, CEO at Rapid City, SD-based Black Hills Corp. Among the other agency/commission appointments are Mark Doelger to the Oil/Gas Commission, and Bill Hawks who was reappointed to the Wyoming Pipeline Authority. The state Senate has five days to approve or reject the appointments.
CERI: Competition for Asian LNG Markets Tightening
The window of opportunity for exporting liquefied natural gas (LNG) from North America is closing, making the slate of proposed projects increasingly risky and less lucrative; however, there still is room for North American gas in the Asia-Pacific market, according to the Canadian Energy Research Institute (CERI).
CERI: Competition for Asian LNG Markets Tightening
The window of opportunity for exporting liquefied natural gas (LNG) from North America is closing, making the slate of proposed projects increasingly risky and less lucrative; however, there still is room for North American gas in the Asia-Pacific market, according to the Canadian Energy Research Institute (CERI).
New York Landowners Favor Local Republican Candidates
A coalition of New York landowners that supports natural gas development has endorsed a slate of candidates — all of them Republicans — for election to state office.
Tallgrass Pays $1.8B for Kinder Assets
Tallgrass Energy Partners LP of Overland Park, KS, is buying a slate of assets from Kinder Morgan Energy Partners LP (KMP) that the partnership is selling to comply with antitrust stipulations related to Kinder Morgan Inc.’s (KMI) recent acquisition of El Paso Corp.