Industry News

    Suncor Energy has begun its planned maintenance shutdown of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility that operates offshore Newfoundland and Labrador in Canada.

      Calpine Corporation subsidiary Calpine Energy Services L.P. Signed a power purchase agreement (PPA) to provide Xcel Energy subsidiary Southwestern Public Services Co.

Copano Energy LLC will add 400,000Mcf per day of cryogenic processing capacity at its Houston Central complex in Colorado County, Texas, to meet producer demand in the Eagle Ford shale play.

MRC Global Inc. (MRC) today announced that it has signed an agreement to acquire the majority of the operating assets of Cherokee, Oklahoma based Chaparral Supply, LLC, a wholly owned subsidiary of SandRidge Energy, Inc.

Exxon Mobil Corp. plans to build a multi-billion dollar chemical plant in Texas. Anticipated to be online as early as 2016, the plant would increase Exxon Mobil's chemical production capacity.   North America's largest natural gas producer since the purchase of XTO Energy Inc.

   BP wholly owned subsidiary has signed an agreement to explore for oil and gas offshore Trinidad and Tobago.

The Federal Energy Regulatory Commission (FERC) approved a policy statement which outlined the ways in which it will advise the Environmental Protection Agency on requests for extended deadlines for electric generators to comply with the new mercury and air toxins standards rulings.

Irving, Texas-based privately-held oil and gas exploration and production company, Silver Creek Oil & Gas, LLC has received a USD100 million investment from New York-based private equity firm Crestview Partners.

  Twenty islands came together for the Achieving Sustainable Energy for All in Small Island Developing States Conference, adopting the “Barbados Declaration”.

   According to a new report by business intelligence expert GlobalData, operators have been making significant investments in competing for valuable areas in Canada's Montney shale play.