News

Chief Industries, Inc. and Catahoula Resources Announce Agreement to Advance Carbon Capture and Sequestration in Nebraska

ISLAND, Neb. & HOUSTON--(BUSINESS WIRE)--Chief Industries, Inc. (“Chief”) and Catahoula Resources (“Catahoula”) have entered into an agreement to jointly develop carbon capture and permanent sequestration (“CCS”) within Nebraska. Through this arrangement, Chief Ethanol, a division of Chief Industries, Inc. based in Hastings, NE, joins forces with Catahoula, a portfolio company of private investment firm The Energy and Minerals Group (“EMG”),…

Cheniere Announces Collaboration with Natural Gas Suppliers and Academic Institutions to Quantify, Monitor, Report and Verify GHG Emissions

HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG), the largest producer of liquefied natural gas in the U.S., today announced a collaboration with five natural gas producers and several leading academic institutions to implement quantification, monitoring, reporting and verification (“QMRV”) of greenhouse gas (“GHG”) emissions performance at natural gas production sites. The engagement with the natural gas producers is…

Battelle and Catahoula Resources Forge Partnership to Accelerate Carbon Capture, Utilization and Storage

COLUMBUS, Ohio & HOUSTON--(BUSINESS WIRE)--Battelle and Catahoula Resources (“Catahoula”) will jointly develop solutions for the capture, transport and sequestration of carbon dioxide produced at ethanol facilities in Nebraska. The agreement pairs the world’s largest private independent research and development company with a portfolio company of private investment firm The Energy and Minerals Group (“EMG”), one of the largest investors in…

ESM Acquisition Corporation Announces Pricing of $300,000,000 Initial Public Offering

HOUSTON--(BUSINESS WIRE)--ESM Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “ESM.U” beginning on March 10, 2021. Each unit consists of one Class A ordinary share and one-third of one…

Eagle LNG’s Talleyrand LNG Bunker Station at JAXPort Delivering Weekly Bunkering from First-of-Its-Kind, Shore-to-Ship Fuel Depot

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Eagle LNG’s Talleyrand LNG Bunker Station, a state-of-the-art marine LNG bunkering facility, achieves another milestone as it fuels Crowley’s newest ConRo ship, Taino. Eagle LNG continues on a path of growth and success as the domestic leader in LNG bunkering for the maritime industry. This East Coast terminal is a newly designed, first-of-its-kind, shore-to-ship, LNG bunkering facility located…

Eagle LNG Receives Positive Review In Draft Environmental Impact Statement

JACKSONVILLE--(BUSINESS WIRE)—Eagle LNG Partners (“Eagle LNG”) meets a major milestone for their Jacksonville Export Project. The United States Federal Energy Regulatory Commission (FERC) granted the company their draft environmental impact statement (DEIS). The draft EIS puts Eagle LNG on a clear path to FID on the Jacksonville Export Project and continues Eagle LNG’s success in using small-scale LNG to supply…

Baffinland Iron Mines Sets new 5.1 Million Tonne Shipping Record

Oakville, ON,November 8, 2018 – Baffinland Iron Mines Corporation (Baffinland) announced today the recent conclusion of its 2018 shipping program. From July 24 to October 17, Baffinland shipped approximately 5.1million tonnes of iron ore from its Milne Inlet Port to markets in Europe,the United Kingdom, Taiwan, and Japan. Seventy-onevoyages were executed, carrying an average of 71,750 tonnes of iron ore…

Silver Creek Midstream Announces Closing of Powder River Basin Acquisition from Genesis Energy and New Partnership

RVING, Texas, Oct. 11, 2018 /PRNewswire/ -- Silver Creek Midstream, LLC today announced that its affiliate ("Silver Creek") has closed the previously announced acquisition of Genesis Energy's Powder River Basin ("Basin") crude gathering, storage, and rail assets ("Trunkline System"). In conjunction with the transaction, Silver Creek has received an equity commitment from the newly formed joint venture ("Joint Venture") between…

Ascent Resources, LLC Completes Successful Common Equity Raise and Previously Announced Utica Acquisitions

OKLAHOMA CITY, August 31, 2018 -- Ascent Resources, LLC (together with its subsidiaries, the “Company” or “Ascent”) announced today that it has completed the acquisition of certain natural gas and oil properties from Hess Corporation, CNX Resources and Salt Fork Resources (“Salt Fork”), a previously undisclosed seller. The Salt Fork transaction consisted of the contribution of all their Utica Shale…

Ascent Resources, LLC Completes Acquisition of Natural Gas and Oil Assets from Utica Minerals Development, LLC

OKLAHOMA CITY, July 13, 2018 -- Ascent Resources, LLC (together with Ascent Resources Utica Holdings, LLC and its subsidiaries, the “Company”) announced today that it has completed the previously announced acquisition of natural gas and oil leasehold interests, fee minerals and related assets from Utica Minerals Development, LLC (“UMD”) for a total purchase price of approximately $477 million, consisting of…

Ascent Resources, LLC Announces Multiple Utica Acquisitions and Successful Capital Raise

OKLAHOMA CITY, June 29, 2018 -- Ascent Resources, LLC (together with its subsidiaries, the “Company”) announced today that it has entered into definitive agreements to acquire certain natural gas and oil properties from Hess Corporation, CNX Resources, Utica Minerals Development, and a fourth undisclosed seller (together, the “Acquisitions”) for a combined purchase price of approximately $1.5 billion. The Acquisitions are…

Tallgrass Energy Partners Unitholders Overwhelmingly Approve Merger with Tallgrass Energy GP; Closing Expected on June 29, 2018

June 26, 2018 11:50 AM Eastern Daylight Time LEAWOOD, Kan.--(BUSINESS WIRE)--Tallgrass Energy Partners, LP (NYSE: TEP) (“TEP”) and Tallgrass Energy GP, LP (NYSE: TEGP) (“TEGP”) announced that at a special meeting today, TEP unitholders overwhelmingly approved the stock-for-unit merger transaction in which TEGP will acquire the approximately 47.6 million TEP common units held by the public at a ratio of…