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ECOTEC to Partner with Archrock on Methane Emissions Management
April 27, 2022
Ecotec International Holdings made a strategic minority equity investment by Archrock. Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. In addition to the strategic investment, Archrock will also begin offering ECOTEC’s suite of
Advanced Clean Energy Storage Project Receives $500 Million Conditional Commitment from DOE
April 27, 2022
The U.S. Department of Energy’s (DOE) Loan Programs office has issued a conditional commitment to Advanced Clean Energy Storage, Mitsubishi Power Americas, Magnum Development, and Haddington Ventures for up to $504.4 million in debt financing for the Advanced Clean Energy
U.S. Ditches Trump-Era Policies on Arctic Alaska Oil Reserve
April 26, 2022
The Biden administration on Monday overturned a controversial Trump-era policy that would have opened new swathes of Arctic Alaska to oil development. The Bureau of Land Management (BLM), part of the Department of Interior, resurrected Obama-era management policies in the
Shell Begins Production from PowerNap Field, Gulf of Mexico
April 26, 2022
Shell said that its subsidiary Shell Offshore has started production from the PowerNap field in the deep water of the US Gulf of Mexico. The field has been developed through a tie-back to the Shell-operated Olympus production hub in the
Greylock Energy Acquires Assets, Acreage in Uinta and Green River Basins of Utah and Wyoming
April 26, 2022
Greylock Energy has acquired significant assets and acreage in the Uinta and Green River basins of Utah and Wyoming. According to Greylock CEO Kyle Mork, the expansion includes about 1,400 producing wells and 290,000 gross acres. These new assets will
U.S. Drillers Add Oil and Gas Rigs for Fifth Week in a Row
April 25, 2022
U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row as relatively high prices and prodding by the government prompts drillers to return to the wellpad. The oil and gas rig count,
Shale Gas Producer BKV Launches Carbon Capture Business, Publishes Inaugural Sustainability Report
April 25, 2022
BKV Corporation (BKV), a natural gas exploration and production company, released its inaugural sustainability report. The report showcases its commitment to producing low-impact, sustainable, green natural gas. BKV is one of the top 20 natural gas producers in the United
Diversified Energy Deploys Innovative Emissions Equipment
April 22, 2022
Diversified Energy Company said its recent acquisition of the OpGal EyeCGas 2.0, with companion EyeCSite Tablet software, and the Semtech Hi-Flow 2 sampler, both state-of-the art emissions measurement devices that position Diversified as the first company in the U.S. to
Midcoast Energy to Divest East Texas Pipeline Assets
April 22, 2022
Midcoast Energy, a company of ArcLight Capital Partners, is reportedly planning to sell its pipeline assets in the East Texas, to raise around $2 billion, including debt. The US-based natural gas midstream operator is working with an investment bank for
Midstream Companies Launch Collaboration to Deploy Advanced Monitoring Technologies, Protocols
April 21, 2022
Cheniere Energy has launched a collaboration with natural gas midstream companies, methane detection technology providers, and leading academic institutions to implement quantification, monitoring, reporting and verification (QMRV) of greenhouse gas (GHG) emissions at natural gas gathering, processing, transmission, and storage
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