Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Wishing You Peace and Harmony This Thanksgiving Season!

November 23, 2023

We are grateful this holiday for our awesome readers and advertisers who have played an integral part in our journey. Since our launch in 2009, we have been inspired by the enthusiasm from this community. We continue to fight through

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Suncor Energy Completes $1.468 Billion Acquisition of TotalEnergies’ Canadian Operations

November 22, 2023

Suncor Energy has closed the transaction to acquire TotalEnergies Canada Ltd., which includes the remaining 31.23 percent working interest in the Fort Hills Project. The $1.468 billion purchase price is subject to closing adjustments typical of transactions of this nature

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Capital Product Partners Acquires Newbuild LNG Carriers for $3.1 Billion

November 22, 2023

Capital Product Partners (CPLP) has entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP LLC (General Partner) providing for the acquisition of the following 11 newbuild LNG/C carriers from Capital Maritime for a total acquisition

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Fortescue Launches Green Energy Accelerator Platform, Fortescue Capital

November 22, 2023

Fortescue has formed Fortescue Capital, headquartered in New York City, and named Robert Tichio as chief executive officer and managing partner. Fortescue Capital is a new green energy investment accelerator platform, and an integral next step in Fortescue’s commitment to

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DESTEN Launches Ultra-Fast Charging Lithium Iron-Phosphate Battery for EV’s and Grid

November 22, 2023

DESTEN Inc., has launched its latest cell technology advancement, an ultra-fast charging, 6C LFP (Lithium Iron Phosphate) cell. The latest pouch form-factor cell from DESTEN is capable of charging from 20 percent to 80 percent SOC in 6 minutes. Owing

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BKV, EnLink Midstream Commence First Carbon Capture and Sequestration Project in the Barnett Shale

November 21, 2023

BKV Corporation and EnLink Midstream has started the initial injection of carbon dioxide (CO2) waste generated from EnLink’s Bridgeport natural gas processing plant, and neighboring operations, at BKV’s Barnett Zero carbon capture and sequestration (CCS) facility. This marks a major

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Vital Energy Promotes Katie Hill to Senior Vice President and Chief Operating Officer

November 21, 2023

Vital Energy has promoted Katie Hill to senior vice president and chief operating officer. Hill has been with Vital Energy since September 2022 and previously served as vice president-operations. “Katie is a proven leader and has made an impact at

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Monarch Energy and LS Energy Form Partnership to Deploy Portfolio of Green Hydrogen Projects

November 21, 2023

Monarch Energy and LS Power have formed a partnership to deploy a portfolio of green hydrogen projects throughout the United States. LS Power plans to invest up to $400 million into projects developed by Monarch as part of the newly

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Fortescue Approves $750 Million Investment for Three Green Projects

November 21, 2023

Australia’s Fortescue approved on Tuesday an estimated total investment of about $750 million over the next three years for two green energy projects and one green steel project as the iron ore miner seeks to become a top-tier clean energy

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BOEM Reschedules Gulf of Mexico Oil and Gas Lease Sale 261 for December 20

November 20, 2023

As a result of the order issued by the United States Court of Appeals for the Fifth Circuit on November 14, 2023, the Bureau of Ocean Energy Management (BOEM) has scheduled Lease Sale 261 for December 20, 2023. The Gulf

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