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Initiative Equity Partners Acquires 16% Equity in ArtIn Energy Ramping Up Expansion in North America
April 29, 2024
Initiative Equity Partners has acquired a 16 percent equity in ArtIn Energy. This strategic effort registers a meaningful milestone in the company’s commitment to fostering sustainable development and progressing the global transition to clean energy and a carbon-free world. With
Alberta Innovates, Emissions Reduction Alberta Fund $57 Million to Advance Hydrogen Economy
April 26, 2024
The Government of Alberta, through Alberta Innovates and Emissions Reduction Alberta (ERA) announced $57 million, worth $280 million, in innovation funding for 28 projects to advance a hydrogen economy, reduce emissions, and create jobs in Alberta. Alberta Innovates, in partnership
TotalEnergies and Vanguard Renewables Form RNG JV in U.S.
April 26, 2024
TotalEnergies and Vanguard Renewables have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered® renewable natural gas (RNG) projects in the United States. Vanguard is a portfolio company of a fund managed
CNX, Deep Well Services Form JV to Launch Oilfield Service Solutions Company, AutoSep Technologies
April 25, 2024
Deep Well Services (DWS) and CNX Resources entered into a joint venture to launch AutoSep℠ Technologies, a new oilfield service company providing step change improvement to conventional flowback operations. The new entity will benefit from the technological development capabilities of
Trans Mountain Expects First Ship Will Load from Expanded Pipeline Second Half of May
April 25, 2024
The first ship carrying crude from the expanded Trans Mountain pipeline is expected to load at the Port of Vancouver in the second half of May, the company building the project said on Tuesday. The expanded pipeline will carry an
Venture Global LNG Facility Boosts Plaquemines Parish Economy, Louisiana
April 25, 2024
House Majority Leader Steve Scalise toured the Venture Global LNG facility on Tuesday in Plaquemines parish. The facility, which is currently under construction, plans to provide liquid gas lowering the trade imbalance by helping to supply LNG to companies globally.
Chevron’s Affiliate Tengizchevroil Starts Operations at Wellhead Pressure Management Project
April 25, 2024
Chevron said its 50 percent owned affiliate Tengizchevroil (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan. TCO achieved this milestone by converting its first metering station at Tengiz to
Acacia’s Subsidiary Benchmark Energy Completes Acquision of Anadarko Assets
April 24, 2024
Acacia Research Corporation said its majority owned subsidiary, Benchmark Energy, has completed its acquisition of certain upstream assets and related facilities in Texas and Oklahoma from a private seller. The acquisition includes an interest in approximately 470 operated producing wells
Black Bear Transmission Places Ozark Supply Access Project in Service
April 24, 2024
Black Bear Transmission said its subsidiary Ozark Gas Transmission has placed its Supply Access Project in service. The project consists of two miles of natural gas loop pipeline and a new compressor station and two new pipeline interconnects. The project
bp Simplifies Organizational Structure, Makes Changes to Its Executive Team
April 24, 2024
bp said it is simplifying its organizational structure, supporting delivery of the priorities it set out in February 2024 to grow the value of bp. bp will continue to have three businesses — production & operations, gas & low carbon
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