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FERC Updates Policies to Guide Natural Gas Project Certifications
February 21, 2022
FERC issued two policy statements, providing guidance for future consideration of natural gas projects by the commission. In addition to providing an analytical framework for many need, environmental, and public interest issues that arise when companies seek to build new
U.S. Drillers Add Oil and Gas Rigs for Seventh Consecutive Week
February 21, 2022
U.S. energy firms last week added oil and natural gas rigs for a seventh week in a row for the first time since February 2021 after crude prices this week soared to their highest since 2014. The oil and gas
USA BioEnergy to Build $1.7 Billion Renewable Fuels Plant in East Texas
February 21, 2022
USA BioEnergy through its subsidiary, Texas Renewable Fuels (TRF), will develop an advanced biorefinery that will convert 1 million green tons of wood waste into 34 million gallons annually of premium clean burning transportation fuel including sustainable aviation fuel, renewable
As Oil Prices Soar, U.S. Drillers Scramble to Find Sand for Fracking
February 18, 2022
With crude prices at their highest levels in years, U.S. oil drillers are trying to boost output fast, but their efforts have been hit by a shortage of sand to use for fracking operations. Crude output is expected to hit
Feed to U.S. LNG Export Plants Soars as 7th Terminal Loads First Cargo
February 18, 2022
Supplies to U.S. liquefied natural gas export plants reached near record levels over the weekend as vessels docked for loading at all seven export terminals for the first time, according to Refinitiv. Venture Global received permission on Friday from federal
Crescent Energy Joins OGMP 2.0 Initiative for Methane Emissions Reporting
February 18, 2022
Crescent Energy Company joined the membership in the Oil & Gas Methane Partnership (OGMP) 2.0 Initiative to enhance the company’s reporting of methane emissions. The OGMP 2.0 framework is the leading industry standard for methane emissions reporting, allowing a company
Permian Oil Output Forecast to Hit Record High in March
February 18, 2022
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, will rise 71,000 barrels per day (bpd) to a record 5.205 million bpd in March, the U.S. Energy Information Administration (EIA) said in its
Brigham Minerals to Acquire Mineral and Royalty Interests in Midland Basin for $15 Million
February 17, 2022
Brigham Minerals has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the Midland Basin for approximately $15 million in cash and approximately 800,000 shares of Class A common stock subject to certain
Talos Energy, EnLink Develop Complete CO2 Capture, Transportation and Sequestration Hub, Louisiana
February 17, 2022
Talos Energy and EnLink Midstream have executed a memorandum of understanding to jointly develop a complete CO2 capture, transportation, and sequestration solution for industrial-scale emitters in Louisiana. The joint service offering will be focused on the Mississippi River corridor from
Duke Energy to Retire Coal Fleet by 2035
February 16, 2022
U.S. utility Duke Energy says it will stop burning coal by 2035, 13 years earlier than previously planned, as part of an expanded clean energy action plan. The plan also calls for cutting coal’s share of Duke’s energy mix to
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