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Sitio Royalties Strikes $150 Million Deal to Expand in Denver-Julesburg Basin
March 5, 2024
A Denver-based company is acquiring $150 million worth of mineral rights and royalties in the core of the Denver-Julesburg Basin where Colorado’s biggest oil producers are most active. Sitio Royalties Corp. revealed last week that it reached an agreement in
Chevron’s First Renewable Hydrogen Plant to Tap California Green Power
March 5, 2024
Chevron New Energies, a division of Chevron U.S.A. said it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s
New Fortress Energy Commissions Terminal Gas Sul LNG Terminal, Brazil
March 5, 2024
New Fortress Energy (NFE) said its Terminal Gas Sul (TGS) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site. TGS is an offshore LNG import terminal with a capacity
EPA to Finalize Emission Standards for Coal Plants in April, Delays Standards for Oil & Gas Sector
March 4, 2024
The Biden administration is narrowing the scope of its pending rule to cut greenhouse gases from the electricity sector as it develops a new initiative to set stronger pollution limits for natural gas plants. The move by the Environmental Protection
DOE Launches $30 Million FOA to Advance Carbon Dioxide Capture and Conversion Technologies
March 4, 2024
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) launched a funding opportunity for up to $30 million in additional funding to support two carbon management priorities; the conversion of carbon dioxide (CO₂) into environmentally
Biden Names Three New Nominations to FERC
March 4, 2024
President Biden announced three new nominations to the Federal Energy Regulatory Commission (FERC) Thursday, which, if confirmed, would make the independent commission majority Biden appointees. Biden’s commission nominees include Democrats David Rosner and Judy Chang and Republican Lindsay See. Under
Babcock & Wilcox Awarded $13M Contract to Reduce Environmental Emissions from Petroleum Refinery
March 1, 2024
Babcock & Wilcox’s subsidiary, Babcock & Wilcox Canada has been awarded a contract for more than $13 million to supply equipment and design and engineering services to help a petroleum refinery in North America comply with environmental regulations. B&W will
Louisiana Gov. Landry Signs Proclamation to Protect Oil and Gas, EO to Streamline Permitting
March 1, 2024
Governor Jeff Landry has signed a proclamation that states Louisiana is open for business and his administration will work to ensure the oil and gas industry can thrive in the Bayou State. President of the Louisiana Mid Continent Oil and
ChampionX Acquires Artificial Lift Performance to Expand Digital Solutions Portfolio
February 29, 2024
ChampionX Corporation has acquired Artificial Lift Performance Limited (ALP), a provider of advanced analytics solutions for enhancing oil and gas production performance. Based in Edinburgh, Scotland, ALP has extensive expertise in developing artificial lift optimization software designed to maximize production
Benchmark Energy Acquire Revolution Resources’ Anadarko Assets in $145 Million Deal
February 29, 2024
Benchmark Energy II, headquartered in the Texas Panhandle City of Pampa, agreed to acquire more than 470 operating wells in the Western Anadarko Basin in a $145 million deal. The acquisition of the wells along with 140,000 net acres involves
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