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NEWS Click on text to read news by category: General | Product | People | Worldwide

Court Halts Phillips 66’s Biofuel Refinery Megaproject Operations in Bay Area, California

October 16, 2023

U.S.-based petroleum refinery company Phillips 66 has been ordered by the Contra Costa County Superior Court to halt its plans related to a new biofuel refinery in Rodeo, California. Communities for a Better Environment and the Center for Biological Diversity

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Vision RNG and Meridian Waste Begin Operations at the LFG to RNG Plant, Missouri

October 16, 2023

Vision RNG (VRNG) and Meridian Waste celebrated the grand opening and ribbon cutting of the State of Missouri’s first landfill gas (LFG) to renewable natural gas (RNG) plant at Meridian’s Eagle Ridge Landfill in Bowling Green, Missouri. This marks the

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Oct. 17, 19: BOEM Holding Public Meetings to Discuss Draft EIS

October 13, 2023

As part of a notice of intent (NOI) to prepare a draft programmatic environmental impact statement (EIS), BOEM is holding two public meetings to get feedback on potential impacts of oil and gas activities on the Gulf of Mexico Outer

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White River Appoints Colin Cosgrove as President and CEO, Zack Holley as Executive VP

October 13, 2023

White River Private Capital Management (WRPCM), a wholly owned subsidiary of White River Energy Corp has made key leadership appointments for WRPCM, including Colin Cosgrove as president and chief executive officer, and Zack Holley as executive VP and chief distribution

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Canada Could Lead the World in Oil Production Growth in 2024

October 13, 2023

Canada’s oil production is set to jump by about 10 percent over the next year and become one of the largest sources of increased supply around the world. The country produces about 4.8 million barrels per day (bpd) of crude

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Vitesse Acquires Additional Oil and Gas Interests in the Williston Basin for $50 Million

October 12, 2023

Vitesse Energy has made several impactful acquisitions, revised its 2023 guidance, and released a preliminary outlook for 2024, and additional hedging. “As a return of capital company, these opportunistic acquisitions combined with our hedging activity are expected to be accretive

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W&T Offshore Appoints John Poole as VP Health, Safety, Environmental, and Regulatory

October 12, 2023

W&T Offshore has appointed John Poole to the position of vice president Health, Safety, Environmental, and Regulatory (HSE&R). Poole will assist in W&T continuously building upon its stellar safety and environmental record by applying decades of HSE&R experience in the

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ExxonMobil to Acquire Pioneer Natural Resources in $59.5 Billion All-Stock Deal

October 11, 2023

Exxon Mobil Corporation and Pioneer Natural Resources have entered into a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share. Under the terms of the agreement, Pioneer shareholders

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Trace Carbon Solutions, Molpus Woodlands Group to Develop Evergreen Carbon Sequestration Hub, La.

October 11, 2023

Trace Carbon Solutions and Molpus Woodlands Group have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub on approximately 20,000 acres in Calcasieu and Beauregard

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SLB Launches First-of-Its-Kind, Easy-to-Install Methane Measurement Instrument

October 11, 2023

SLB’s end-to-end emissions solutions (SEES) business introduced its next generation methane point instrument, a self-installed continuous methane monitoring system that uses IoT-enabled sensors to quickly and cost effectively detect, locate and quantify emissions across oil and gas operations. The methane

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