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...
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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...
High Acreage Costs Price Out Competition in Permian
The U.S.’ most saturated shale oil play has become too saturated with companies trying to squeeze out a profit. Land and asset prices are reaching...
Oilfield Helping Hands Named 2017 Beneficiary of OTC Distinguished Achievement Award
Oilfield Helping Hands (OHH) has been named the 2017 beneficiary of the Offshore Technology Conference (OTC) Distinguished Achievement Award. OHH is a nonprofit charitable organization,...
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...
Texas Petro Index Indicates an End to Two-Year Contraction in Oil and Gas
Texas Petro Index (TPI) announced today that upstream oil and gas activity in Texas ended its 24-month-long contraction in December. TPI is a composite index...
Trump Pushes for Advancement of Pipelines’ Construction
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...