Erika Green Hilcorp Energy, one of the largest privately-held producers in the U.S., announced its billionaire owner, Jeff Hildebrand, has stepped down as CEO, but will remain as executive chairman. “The organizational change comes as the company, a longtime producer in Alaska, Texas and Louisiana, continues to see substantial growth in other legacy assets across the U.S.,” Justin … Read more
Argentina, holder of the second-largest shale gas reserves and fourth-largest shale oil reserves in the world, is undergoing a transformational period as the government breaks away from a protectionist regime, opening up the hydrocarbons industry to foreign investment. And 2017 is proof. The Macri-era sets the scene for growth President Mauricio Macri … Read more
A federal appeals court has refused to reconsider its ruling that greenhouse gas emissions from natural gas pipelines and the impacts of those emissions should be considered when such projects are approved, Kallanish Energy reports. The Wednesday ruling by the U.S. Court of Appeals for the District of Columbia rebuffed efforts by the Federal Energy … Read more
Two decades after the deadline passed for the U.S. government to start accepting nuclear waste for disposal, the National Association of Regulatory Utility Commissioners (NARUC) wants lawmakers to support funding for the review process for the Yucca Mountain repository license application. The U.S. Nuclear Waste Policy Act of 1982 established federal responsibility … Read more
Russian oil and gas company Rosneft said Tuesday it will invest at least €600 ($526) million in the next five years in Germany, with a view to developing its business in the European country and consolidating its position as a “reliable partner.” “We are happy that Rosneft’s cooperation with European partners is not … Read more
Hilcorp is planning to spend roughly $285 million in Alaska during 2018, the oil and gas producer’s operations manager Chad Helgeson said earlier this month. This investment will be “holding pretty flat to where we were last year,” Helgeson said, the Peninsula Clarion newspaper reported. Of the $285 million, $83 million will … Read more
Rover PIpeline is continuing to have horizontal directional drilling (HDD) problems under the Tuscarawas River in Ohio, and that concerns the Ohio Environmental Protection Agency, Kallanish Energy finds. In a three-page letter, the state agency said it is troubled by the company’s recent loss of returns associated with the pilot hole installation under the river, in … Read more
The stalled Constitution Pipeline in New York State has once again failed to start. The Federal Energy Regulatory Commission has declined to overrule New York State, which has denied a needed water certification for the natural gas pipeline, Kallanish Energy reports. Last October, Constitution Pipeline Co. filed a petition with FERC, asking the commission to find … Read more
Polish gas transmission operator, GAZ-SYSTEM, and its Danish counterpart, Energinet, have started work on securing a positive Environmental Impact Assessment (EIA) for their proposed natural gas pipeline project, the Baltic Pipe. The firms promoting the project said earlier this week following the positive result obtained in the economic test for the Baltic Pipe, … Read more
The number of magnitude 3 or greater earthquakes in Oklahoma has dropped significantly in 2017, according to state regulators. The Oklahoma Geological Survey reports the state has had 294 quakes that are a magnitude 3 or greater in 2017 through the second week in December, the Oklahoma City Oklahoman newspaper reported. That compares to 624 similarly-sized … Read more
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