NEWS— Click on text to read news by category: General | Product | People | Worldwide
EQT and Equitrans Midstream to Merge in $35 Billion Deal
March 13, 2024
EQT Corporation and Equitrans Midstream Corporation have entered into a definitive merger agreement creating a premier vertically integrated natural gas business, with an initial enterprise value over $35 billion, that is well positioned to be a globally competitive American energy
SEC Climate Disclosure Rule Faces Legal Gantlet
March 13, 2024
A top Wall Street regulator’s decision to force public companies to divulge details about their climate risk could draw the attention of a Supreme Court that has displayed interest in curbing government efforts to tackle climate change. The landmark Securities
45 States Submit Climate Action Plans Under $5B Climate Pollution Reduction Grants Program
March 13, 2024
The U.S. Environmental Protection Agency said a record 45 states, plus the District of Columbia, Puerto Rico, and dozens of metropolitan statistical areas have now developed climate action plans through investments made possible by the Investing in America agenda. The
Texas AG Ken Paxton Sues Biden Administration to Stop New Radical Emissions Rule
March 13, 2024
Texas Attorney General Ken Paxton has sued to prevent an expansion of authority by the U.S. Environmental Protection Agency by means of a rule aimed at regulating methane and other emissions from sources in the oil and natural gas industry.
CNX Delays Completion Activities on Three New Marcellus Shale Pads, Reduces Production
March 12, 2024
CNX said it will reduce production for 2024 in response to the continued lower outlook for near term natural gas prices. The company will delay completions activities on three upcoming Marcellus Shale pads consisting of 11 wells to avoid bringing
USGS, Colorado School of Mines Establish Industry Program to Explore Potential of Geologic Hydrogen
March 11, 2024
Colorado School of Mines (Mines) and the U.S. Geological Survey (USGS) have established a joint industry program supported by leading international companies in the energy industry to study the potential of a low-carbon alternative energy source: geologic hydrogen. “We have
XCL Resources Seeks FTC’s Prior Approval for Altamont Energy Acquisition
March 11, 2024
The Federal Trade Commission is requesting public comment on an application from XCL Resources, a subsidiary of private equity firm EnCap Investment, seeking prior approval from the agency to complete its proposed acquisition of Altamont Energy, an oil and gas
U.S. Drillers Cut Oil and Gas Rigs for First Time in Three Weeks
March 11, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Eni Finds 2nd Largest Discovery Offshore Côte d’Ivoire
March 11, 2024
The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan last week to discuss the company’s activities in the country, including the successful results of the exploration well
Hitachi Energy Appoints Andreas Schierenbeck as Chief Executive Officer
March 8, 2024
Hitachi Energy has appointed Andreas Schierenbeck as the new Chief Executive Officer, effective July 1, 2024. Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024. Schierenbeck will engage with the Hitachi Energy board, executive team,