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NEWS Click on text to read news by category: General | Product | People | Worldwide

API Letter Calls on Biden Administration to Support American Energy Leadership

March 3, 2022

Ahead of today’s State of the Union Address, American Petroleum Institute (API) President and CEO Mike Sommers sent a letter to Department of Energy (DOE) Secretary Jennifer Granholm and other administration officials outlining steps key regulatory agencies should take to

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IEA Member Countries to Make 60M Barrels of Oil Available Following Russia’s Invasion of Ukraine

March 3, 2022

The 31 member countries of the governing board of the International Energy Agency agreed to release 60 million barrels of oil from their emergency reserves to send a unified and strong message to global oil markets that there will be

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Exxon Mobil to Build Major Hydrogen, Carbon Capture Plant Near Houston, Texas

March 3, 2022

Exxon Mobil Corp. plans to build a hydrogen production unit and associated carbon capture and storage infrastructure at its massive petrochemical complex in Baytown, the company announced March 1. One executive called it the first bold step toward realizing the

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Crescent Energy to Acquire EP Energy’s Uinta Basin Assets for $815 Million

March 2, 2022

Crescent Energy Company has entered into a definitive purchase agreement with Verdun Oil Company II LLC to acquire Uinta Basin assets previously owned by EP Energy for $815 million, subject to customary purchase price adjustments. The all-cash transaction, expected to

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Cheniere Completes New Sabine Pass LNG Export Unit in Louisiana

March 2, 2022

Cheniere Energy Partners, a subsidiary of Cheniere Energy, have completed Train 6 at the Sabine Pass liquefaction project in Cameron Parish, Louisiana (SPL Project). Commissioning is complete and Cheniere’s engineering, procurement, and construction partner, Bechtel Oil, Gas and Chemicals has

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Tallgrass Names Matt Sheehy as President and CEO, William Moler Appointed Chairman

March 2, 2022

Tallgrass Energy has appointed William R. (Bill) Moler to non-executive chairman of the board effective July 1, 2022. At that time, Moler will step down as CEO and Tallgrass President Matthew (Matt) Sheehy will assume the role of president and

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Consumer Energy Alliance Launches “Open the Gulf” Campaign to Fight High Energy Prices, Inflation

March 2, 2022

Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses, on Thursday launched the “Open the Gulf” campaign to help counter surging prices at the pump and rampant inflation by focusing attention on the current ban

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Canada to Ban Russian Oil Imports, to Supply Anti-tank Weapons to Ukraine

March 1, 2022

Canada will supply anti-tank weapons and upgraded ammunition to Ukraine to support its fight against a Russian invasion, Prime Minister Justin Trudeau said on Monday, and it will ban imports of Russian crude oil. “Canada will continue to deliver support

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Shell to Exit Russia After Ukraine Invasion, Joining BP

March 1, 2022

Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company to quit the oil-rich country following Moscow’s invasion of Ukraine. The decision comes a day

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DOE Releases First-Ever Comprehensive Strategy to Secure America’s Clean Energy Supply Chain

March 1, 2022

The U.S. Department of Energy (DOE) released America’s first comprehensive plan to ensure security and increase our energy independence. The sweeping report, America’s Strategy to Secure the Supply Chain for a Robust Clean Energy Transition, lays out dozens of critical

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