Strike

Sentinel ‘Striking’ Deal to Build Out U.S. Pipeline Services Giant

Houston-based Sentinel Energy Services Inc., launched last year by Schlumberger Ltd.’s former CEO and a top lieutenant, laid plans Friday to take over North American pipeline services company Strike LLC in a merger valued at $854 million.

October 19, 2018
West Virginia Governor Reverses Position, Would Sign Co-Tenancy Legislation If Passed

West Virginia Governor Reverses Position, Would Sign Co-Tenancy Legislation If Passed

In what’s been a stressful week for supporters of a delicate proposal to help West Virginia natural gas producers develop larger tracts of land with co-tenancy legislation, Republican Gov. Jim Justice backed off threats that he would veto the legislation unless the industry agreed to a higher severance tax rate.

February 28, 2018

Freeport LNG Strikes Two Asian Supply Agreements

Freeport LNG Expansion LP has struck two binding 20-year liquefaction tolling agreements (LTA) for its proposed natural gas liquefaction and loading facility on Quintana Island near Freeport, TX. The separate agreements are with SK E&S LNG LLC (SK) and Toshiba Corp., each for a base quantity of 2.2. million tons per annum (mtpa).

September 10, 2013

TEPCO Plans Henry-Linked LNG Supply

Tokyo Electric Power Co. (TEPCO) is about to strike its first-ever long-term contract for liquefied natural gas (LNG) supply indexed to the Henry Hub, the Japanese utility said last week. TEPCO has been in talks with Mitsui & Co. Ltd. and Mitsubishi Corp. to acquire LNG from Sempra Energy’s Cameron LNG terminal in Louisiana.

February 11, 2013

Tokyo Electric Buying LNG at Henry Hub Index

Tokyo Electric Power Co. (TEPCO) is about to strike its first-ever long-term contract for liquefied natural gas (LNG) supply indexed to the Henry Hub, the Japanese utility said Wednesday. TEPCO has been in talks with Mitsui & Co. Ltd. and Mitsubishi Corp. to acquire LNG from Sempra Energy’s Cameron LNG terminal in Louisiana.

February 8, 2013

Energy Department Hit by Hackers

A “cyber incident” at Department of Energy (DOE) headquarters in Washington, DC, in mid-January targeted the agency’s network “and resulted in the unauthorized disclosure of employee and contractor” information.

February 5, 2013

Atlas Resources Buys Another Big Barnett Asset

Atlas Resources Partners LP (ARP) has made a friendly deal to take over privately held Barnett Shale operator Titan Operating LLC for $184 million, giving the Philadelphia-based operator another big natural gas liquids (NGL) lift in the heart of Texas.

May 21, 2012

Quicksilver: JVs On Their Way

Quicksilver Resources Inc. is on track to strike joint ventures (JV) by the end of this year to aid in the development of its West Texas and Horn River properties, CEO Glenn Darden told financial analysts Monday.

February 28, 2012

Southern Union on ‘Most Wanted’ List

An attempt by Williams late last month to snatch Southern Union Co. has forced Energy Transfer Equity LP (ETE) to strike back with a sweetened offer of $40/share.

July 6, 2011

House Panel to Vote on Hydrofracing Amendment Thursday

An amendment by Rep. John Fleming (R-LA) seeking to strike a provision allowing federal regulation of hydraulic fracturing (hydrofracing) activities on federal lands fueled an extensive debate during mark-up of a broader bill by the House Natural Resources Committee.

July 15, 2010
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