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Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media

HOUSTON, May 16, 2016 /PRNewswire/ —  Fortuna Resources Holdings, LLC (“Fortuna”) announced that certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”) have committed $75 million to Fortuna, with an option to increase to $150 million. The investment is focused on expanding Fortuna’s activities in the West Texas Permian Basin and related areas through acreage and asset acquisitions and […]

Read More Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media
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The Unconventional Happened | DUG Midcontinent 2020 goes Virtual

Join us! We are so excited to cover this event! It’s the first time ever that you can attend #DUGmidcon from any physical location via the internet! Don’t miss this! We just got word that over 500 Oil & Gas Professionals have already registered for the virtual conference! Also, thanks to the fantastic sponsors, Hart […]

Read More The Unconventional Happened | DUG Midcontinent 2020 goes Virtual

Trump lets Keystone line ship more oil with expansion stalled – BNN Bloomberg

The Trump administration will allow the existing Keystone pipeline to carry more oil-sands crude into the Midwest and U.S. Gulf Coast while the conduit’s decade-old expansion project faces renewed legal hurdles. A White House permit issued Wednesday raises the cross-border shipping limit for the TC Energy Corp. line to 760,000 barrels a day, from 590,000 […]

Read More Trump lets Keystone line ship more oil with expansion stalled – BNN Bloomberg
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U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal

NEW YORK (Reuters) — A U.S. District Court on Monday ordered Energy Transfer LP to shut and empty the largest pipeline from the North Dakota shale oil fields within 30 days, in a big win for the Native American tribes who have fought the line’s route across a crucial water supply.  Energy Transfer’s 570,000 barrel-per-day […]

Read More U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal
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Energy Transfer weighs crude storage in idle pipelines | Argus Media

US midstream company Energy Transfer is weighing a plan to store crude in idle pipelines as shippers scramble to find available storage.  The company is looking for ways to idle two pipelines in Texas by “moving product around” and use them as storage space by mid-May, Energy Transfer told Argus today. The two lines would provide about […]

Read More Energy Transfer weighs crude storage in idle pipelines | Argus Media

Enbridge Energy Conducting Surveys For Potential Reroute Of Line 5 Pipeline | Wisconsin Public Radio

Enbridge Energy is requesting permission from residents and local governments to conduct land surveys in northern Wisconsin as it explores rerouting its Line 5 pipeline outside of the Bad River tribe’s reservation. Line 5 carries up to 540,000 barrels of oil and natural gas liquids per day from Superior to Sarnia, Ontario. On Thursday, an […]

Read More Enbridge Energy Conducting Surveys For Potential Reroute Of Line 5 Pipeline | Wisconsin Public Radio

Construction about to begin on Permian Highway natural gas pipeline – San Antonio Express-News

Stakes have been placed in the ground, pipe stacked in yards and construction is set to begin on the Permian Highway Pipeline. The $2 billion partnership between Kinder Morgan, Midland’s EagleClaw Midstream and Altus Midstream subsidiary Altus Midstream Processing LP will be comprised of 430 miles of 42-inch pipeline carrying up to 2.1 billion cubic […]

Read More Construction about to begin on Permian Highway natural gas pipeline – San Antonio Express-News

EXCLUSIVE-EPIC Midstream ships first crude on new Permian line to Gulf Coast – Reuters

EPIC Midstream Holdings LLC on Thursday began shipping crude oil on its 400,000 barrel per day (bpd) pipeline from the Permian Basin to the U.S. Gulf Coast, pushing Midland crude prices to the highest in six months, traders said. — Read on http://www.reuters.com/article/epiccrude-pipeline-startup/exclusive-epic-midstream-ships-first-crude-on-new-permian-line-to-gulf-coast-idUKL2N25B1SX

Read More EXCLUSIVE-EPIC Midstream ships first crude on new Permian line to Gulf Coast – Reuters
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Exclusive: Pipeline operator Noble Midstream Partners up for sale – sources – Reuters

NEW YORK (Reuters) – Noble Midstream Partners LP, a pipeline operator controlled by U.S. oil and gas exploration and production company Noble Energy Inc, is up for sale, people familiar with the matter said on Thursday.  The decision to seek to sell Noble Midstream Partners comes at a time when oil and gas companies are […]

Read More Exclusive: Pipeline operator Noble Midstream Partners up for sale – sources – Reuters