Category Archives: Industry News

USA Government affirms support for Keystone XL project

TransCanada Corporation (TransCanada) thanked President Donald Trump this past Friday, March 29 for affirming his support for the Keystone XL pipeline project by issuing a new Presidential Permit. The president’s action today clarifies the national importance of Keystone XL and aims to bring more than 10 years of environmental review…

2019 Bakken Oil Product & Service Show Features Industry Forums

The ninth-annual Bakken Oil Product & Service Show (BOPSS) features industry forums in three key industry segments – Trucking and fleet management, engineering and management, and well site facilities. The event will be held October 2 & 3, 2019 at the Raymond Family Community Center in Williston, North Dakota.  The Bakken Oil Product…

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…