Covey Park Energy Purchases Assets from Chesapeake in North Louisiana
Dallas-based Covey Park Energy on Feb. 15 said that it has closed on the acquisition of assets in the Haynesville shale area in North Louisiana....
Articles by Tim McNally
Stone Energy Corporation Completes Restructures after Bankruptcy
Lafayette, Louisiana-based Stone Energy Corporation announced on February 28 that it had successfully completed the requirements for emerging from their chapter 11 financial reorganization. The...
OPEC Compliance Boosts Oil Price
by Tim McNally
The financial stress caused by lowered oil prices seems to have prompted compliance on the part of OPEC. OPEC previously agreed to cut oil production...
Williams Reports Impressive Fourth Quarter Performance
On Feb. 15, The Williams Companies, Inc. released its fourth quarter and total year performance for 2016. The Tulsa, Okla.-based company reported an unaudited net...
Bayou Bridge Pipeline to Have Large Economic Benefit for Louisiana
The Bayou Bridge Pipeline expansion in Louisiana will have a significant economic benefit for the state, according to one group’s report on the matter. The...
MPLX Purchases Ozark Pipeline for $220 Million
Findlay, Ohio-based MPLX LP announced on Feb. 13 that it agreed to purchase the Ozark Pipeline from Enbridge Pipelines, LLC. MPLX is a limited partnership...
Senate Repeals SEC Transparency Rule for Oil and Gas Companies
A rule that was part of the Dodd-Frank Wall Street Reform and Consumer Protection Act was overturned by a vote of 52-47 in the Senate. ...
Dakota Access Pipeline Granted Easement
To the dismay of numerous protestors and outspoken opponents, on Feb. 7, Dakota Access LLC, the firm which was constructing the Dakota Access pipeline, received...
Oil Executive Confirmed for Secretary of State
On Feb. 1, the Senate approved former Exxon Mobil chairman and CEO Rex Tillerson for the position of Secretary of State by a vote of...
Trump Pushes for Advancement of Pipelines’ Construction
by Tim McNally
President Donald Trump wasted no time getting to work since his inauguration. On Jan, 24, the White House released two separate statements concerning the Dakota...