Angela Neville
June 29, 2015 | Texas Lawyer
Pipeline to Profits: Mexico to Spend $10 Billion on Energy Projects, Should Provide Boost to Texas O&G SectorFaced with an exploding population, Mexico's state-owned electricty utility, Comisión Federal de Electricidad (CFE), recently announced plans to spend close to $10 billion to bolster the amount of electricity provided to its citizens. The largest gas pipeline project consists of a $3.1 billion underwater line from Brownsville, Texas, to the Mexican Gulf port of Tuxpan.
By Angela Neville
3 minute read
June 29, 2015 | Texas Lawyer
Pipeline to Profits: Mexico to Spend $10 Billion on Energy Projects, Should Provide Boost to Texas O&G SectorFaced with an exploding population, Mexico's state-owned electricty utility, Comisión Federal de Electricidad (CFE), recently announced plans to spend close to $10 billion to bolster the amount of electricity provided to its citizens. The largest gas pipeline project consists of a $3.1 billion underwater line from Brownsville, Texas, to the Mexican Gulf port of Tuxpan.
By Angela Neville
3 minute read
June 29, 2015 | Texas Lawyer
Energy XXI in $245 Million Pipeline Asset SaleIn a new development, Energy XXI recently announced that it has executed a purchase and sale agreement to sell the Grand Isle Gathering System (GIGS) to CorEnergy Infrastructure Trust Inc. for $245 million in cash plus the assumption of abandonment liabilities related to the assets. The GIGS is a subsea, midstream pipeline system with related onshore facilities serving oil-producing fields in the shallow portion of the Gulf of Mexico.
By Angela Neville
4 minute read
June 24, 2015 | Texas Lawyer
Energy Transfer's $53B Merger Bid RejectedRecently The Williams Group publicly rejected the $53.1 billion acquisition offer made by Dallas-based Energy Transfer Equity.
By Angela Neville
3 minute read
June 24, 2015 | Texas Lawyer
Energy Transfer's $53B Merger Bid RejectedRecently The Williams Group publicly rejected the $53.1 billion acquisition offer made by Dallas-based Energy Transfer Equity.
By Angela Neville
3 minute read
June 23, 2015 | Texas Lawyer
SEC Charges O&G Company With Alleged Investment FraudA longtime geologist turned investment adviser who operated Norstra Energy Inc., an oil and gas company in Southlake, Texas, recently was charged with allegedly making false and misleading statements about Norstra's oil reserves, drilling plans and business prospects.
By Angela Neville
4 minute read
June 22, 2015 | Texas Lawyer
Hercules Offshore Headed Toward BankruptcyHercules intends to file in Delaware a prepackaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code to facilitate the financial restructuring.
By Angela Neville
3 minute read
June 22, 2015 | Texas Lawyer
Hercules Offshore Headed Toward BankruptcyHercules intends to file in Delaware a prepackaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code to facilitate the financial restructuring.
By Angela Neville
3 minute read
June 19, 2015 | Texas Lawyer
SCOTX Rules Against Kachina Regarding Gas Compression FeesThe Texas Supreme Court recently dealt with a complicated contractual dispute when it reviewed the appellate ruling in 'Kachina Pipeline v. Lillis'.
By Angela Neville
4 minute read
June 19, 2015 | Texas Lawyer
SCOTX Rules Against Kachina Regarding Gas Compression FeesThe Texas Supreme Court recently dealt with a complicated contractual dispute when it reviewed the appellate ruling in 'Kachina Pipeline v. Lillis'.
By Angela Neville
4 minute read
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