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TC Energy’s $15 Billion Keystone XL Claim Thrown Out by Trade Tribunal
July 23, 2024
TC Energy Corp., the Canadian company behind the ill-fated Keystone XL pipeline, has suffered a major blow after a trade tribunal tossed out its claim to $15 billion in damages. The Calgary-based company launched the claim in 2021 to seek
Manchin, Barrasso Release Bipartisan Energy Permitting Reform Legislation
July 23, 2024
U.S. Senators Joe Manchin (I-WV) and John Barrasso (R-WY), Chairman and Ranking Member of the Senate Energy and Natural Resources Committee, released the Energy Permitting Reform Act of 2024. This bipartisan legislation will strengthen American energy security by accelerating the
New Fortress Energy Achieves First LNG at Its Fast LNG Asset, Offshore Mexico
July 23, 2024
New Fortress Energy (NFE) has achieved first LNG for its initial Fast LNG asset located offshore Altamira, Mexico (FLNG). With this significant milestone, FLNG establishes itself as the fastest large-scale LNG project ever developed. NFE’s proprietary Fast LNG design is
Superior Plus Appoints Natasha Cherednichenko as President of Certarus
July 23, 2024
Superior Plus said Natasha Cherednichenko, who has been in the role of chief operating officer of Certarus since 2020, will assume the role of president of Certarus. Natasha will continue to lead the talented Certarus team she has helped build
Woodside to Acquire Tellurian and Driftwood LNG Project for $900 Million
July 22, 2024
Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated Gulf Coast Driftwood LNG development opportunity. The consideration for the transaction is an all-cash payment of approximately $900
Sempra Infrastructure Enters EPC Contract with Bechtel for Port Arthur LNG Phase 2, Texas
July 22, 2024
Sempra Infrastructure said Port Arthur LNG phase 2 and Bechtel Energy have signed a fixed-price engineering, procurement, and construction (EPC) contract for the Port Arthur LNG Phase 2 project under development in Port Arthur, Texas. “We are thrilled to achieve
U.S. Drillers Add Oil and Gas Rigs for Second Time in Three Weeks
July 22, 2024
U.S. energy firms this week added oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator
TechnipFMC Wins iEPCI Contract for Energean’s Katlan Project, Offshore Israel
July 22, 2024
TechnipFMC has been awarded a large integrated engineering, procurement, construction, and installation (iEPCI) contract by Energean for its Katlan development in the Mediterranean Sea. This is Energean’s first project to use TechnipFMC’s configure-to-order Subsea 2.0® production systems. “Combining iFEED® to
Judge Pauses Wyoming Oil and Gas Drilling Leases Pending Review
July 19, 2024
A federal judge has ordered the U.S. Bureau of Land Management to pause approving new permits to drill for oil and gas on nearly 120,000 acres of federal land in Wyoming until it finishes reevaluating the environmental impacts of a
Intersect Power Secures $837 Million to Build Battery Energy Storage Systems, Texas
July 19, 2024
Intersect Power said it has closed on two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone battery energy storage systems (BESS) in Texas. The transactions cover portfolio-level construction debt,
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