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Kimmeridge Acquires Upstream Assets in the Eagle Ford Shale Play
November 10, 2023
Kimmeridge, an investment firm focused on the energy sector, said its affiliate, Kimmeridge Texas Gas (KTG), has signed a definitive agreement to acquire certain upstream assets from a private seller, as it expands its footprint in the Eagle Ford shale
Grey Rock Invests $100 Million in CarbonCycle to Grow Its CCS Platform
November 10, 2023
Grey Rock Investment Partners, through its affiliated investment vehicles, made a controlling investment in CarbonCycle, LLC to fund additional growth of the company through a capital commitment of up to $100 million. CarbonCycle plans to use the committed capital to
Air Products to Add CO2 Treatment Facility to Its Hydrogen Production Plant, Netherlands
November 10, 2023
Air Products today said it will build, own, and operate a state-of-the-art carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The facility is expected to be on-stream in 2026, and
Enbridge Primes RNG Prowess With Purchase of Seven U.S. Facilities Worth $1.2 Billion
November 10, 2023
Enbridge has taken another significant step in the business of manufacturing and transporting renewable natural gas (RNG) by purchasing seven operating U.S. landfill gas-to-RNG facilities from respected, experienced RNG developer Morrow Renewables. The portfolio, worth $1.2 billion, instantly establishes Enbridge’s
Kosmos Energy Makes Oil Discovery at Its Tiberius Exploration Well, U.S. Gulf of Mexico
November 10, 2023
Kosmos Energy has made an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34 percent working interest alongside Occidental and Equinor (both 33.33 percent). “Exploration success
Halliburton and Sekal to Jointly Develop Leading Well Construction Automation Solutions
November 9, 2023
Halliburton and Sekal entered into an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations. Under the agreement, Halliburton and Sekal are collaborating on several technologies and services
Equinor and Captura Partner to Develop Ocean Carbon Removal
November 9, 2023
Multinational energy company Equinor, and direct ocean capture (DOC) company Captura, have formed a partnership to develop industrial scale solutions to remove carbon dioxide (CO2) from the ocean. The partnership will begin with an initial 1,000-ton-per-year pilot plant in Norway
Avnos Launches World’s First Hybrid Direct Air Capture System with SoCalGas
November 9, 2023
Avnos, the Los Angeles-based company developing the novel hybrid direct air capture (HDAC™) technology for carbon dioxide removal, began its first operational commercial pilot project in Bakersfield, California. Developed in partnership with Southern California Gas Company (SoCalGas) and with funding
Crescent Point to Acquire Hammerhead Energy in $2.55 Billion Deal
November 8, 2023
Crescent Point Energy has entered into an arrangement agreement to acquire Hammerhead Energy Inc., an oil and liquids-rich Alberta Montney producer, for total consideration of approximately $2.55 billion, including approximately $455 million in assumed net debt, consisting of cash and
USDA Forest Service Proposes Rule to Facilitate Carbon Capture and Sequestration Permitting
November 8, 2023
The U.S. Department of Agriculture’s Forest Service has issued a notice of proposed rulemaking (NPRM) that would allow the agency to consider proposals for potential carbon capture and sequestration projects on national forests and grasslands. This proposal would harmonize the
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