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Cenovus to Restart West White Rose Project, Offshore Newfoundland and Labrador
June 10, 2022
Cenovus Energy and its partners have agreed to restart the West White Rose Project offshore Newfoundland and Labrador. First oil from the platform is anticipated in the first half of 2026, with peak production anticipated to reach approximately 80,000 barrels
PureWest Energy to Participate in Colorado State University’s Emissions Monitoring Program
June 10, 2022
PureWest Energy launched their participation in the Colorado State University (CSU) Energy Institute’s Advancing Development of Emissions Detection (ADED) program, which will validate PureWest’s industry-leading emissions management approach while accelerating the development and deployment of environmental technologies and solutions for
Shell Greenlights $2.5 Billion Crux Gas Project Off Australia
June 10, 2022
Shell Australia and its joint venture partner, SGH Energy, have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of Western Australia. Crux will provide further supplies of natural gas to
Devon Energy to Acquire RimRock Oil and Gas for $865 Million
June 9, 2022
Devon Energy Corp. has entered into a definitive purchase agreement to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company, in the Williston Basin for total cash consideration of $865 million. The
Northern Oil & Gas to Acquire Williston Basin Bolt-on for $170 Million, North Dakota
June 9, 2022
Northern Oil and Gas, Inc. has entered into an acquisition agreement in the Williston Basin and provided additional updates on operations and guidance. NOG has entered into a definitive agreement to acquire non-operated interests in the Williston Basin for an
Freeport LNG to Shut Down Texas Gulf Coast Facility for Three Weeks Following Explosion
June 9, 2022
Freeport LNG, operator of one of the largest U.S. export plants producing liquefied natural gas (LNG), will shut for at least three weeks following an explosion at its Texas Gulf Coast facility, raising the risk of shortages especially in Europe.
Texas Pacific Land and Milestone Carbon Enter Carbon Sequestration Study Agreement
June 9, 2022
Texas Pacific Land Corporation (TPL) together with Milestone Carbon, executed letter of intent (LOI) to evaluate geological and geophysical characteristics of certain acreage owned by TPL for the purposes of sequestering captured CO2. Milestone Carbon is a leading carbon capture
Andros Launches Mineral Platform With $122 Million Mineral and Royalty Acquisition
June 8, 2022
Andros Capital Partners’ affiliate, Andros Minerals, has entered into a definitive purchase and sale agreement to acquire a portfolio of mineral and royalty interests located in the Midland Basin, Delaware Basin, and Eagle Ford Shale for $122 million from an
DOE Launches $8 Billion Notice of Intent to Develop Regional Clean Hydrogen Hubs
June 8, 2022
The U.S. Department of Energy (DOE) released a notice of intent (NOI) to fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. H2Hubs will create networks of hydrogen producers, consumers, and local
Shale Gas Producer Chesapeake Energy Aims to Expand Push into LNG
June 7, 2022
Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing, as it seeks to expand into the fast-growing export market. U.S. natural gas producers have seized on LNG for future output,
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