Category Archives: Industry News

Targa Resources Corp. Sells 45 Percent Interest in Bakken Assets for $1.6 Billion

Targa Resources Corp. (NYSE: TRGP) announced on February 19, 2019 that it has entered into definitive agreements to sell a 45 percent interest in Targa Badlands LLC (“Badlands”), the entity that holds all of Targa’s assets in North Dakota, to funds managed by GSO Capital Partners and Blackstone Tactical Opportunities (collectively, “Blackstone”) for $1.6 billion in cash (the…

First CAMS Award to Develop Open Access Oil and Gas Operations Emission Calculator

University of Texas-Austin Wins Project from New Methane Science Consortium The Collaboratory to Advance Methane Science (CAMS) has awarded its first research project to the University of Texas-Austin to study spatial and temporal methane emissions profiles across various oil and gas basins and develop a publicly available tool to model…

Industrial Commission Amends Crude Oil Conditioning Standards

On January 18, 2019, the North Dakota Industrial Commission approved amendments to the crude oil conditioning requirements as outlined in Commission Order No. 29398 in Case No. 29398. The amendments include the addition of a commission-approved oil conditioning policy/guidance that will continue to ensure the safe transportation and marketability of…

Energold Announces New Contracts for $21 Million Combined – Oil/Gas and Green Energy Divisions

Energold Drilling Corp. (EGD: TSX.V / EGDFF: US) is pleased to announce it has been awarded contracts for $14 million in the Canadian oil sands in 2019 and a further $7.0 million in sustainable energy programs in the United States. The mineral sands drilling programs for the 2018/2019 winter season conducted…

Davis Refinery Permit to Construct Upheld by North Dakota District Judge

Appeal Dismissed with Prejudice, Confirms Veracity of Meridian Energy Group Permit to Construct Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial full-conversion petroleum processing facilities, announced on January 25, 2019 that a North Dakota District Court has upheld the Permit to…

Collaborating to improve understanding of methane emissions along the natural gas value chain

Methane is the second most abundant greenhouse gas in the atmosphere and is an important target for emissions reductions to minimize environmental impacts.  “The use of natural gas is already reducing carbon dioxide and traditional air pollutants in the United States and around the world, but further reduction of methane…