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BOEM Postpones Gulf of Mexico Oil and Gas Lease Sale 261 to November
September 28, 2023
The Bureau of Ocean Energy Management (BOEM) is postponing Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 261. As a result of the United States Court of Appeals for the Fifth Circuit ruling on September 25, 2023,
LM Energy to Sell Certain Assets Related to Its Touchdown Crude Oil Gathering System, New Mexico
September 28, 2023
LM Energy Holdings has entered into definitive agreements to sell certain subsidiaries and assets related to its Touchdown Crude Oil Gathering System in Eddy and Lea counties, New Mexico. The transaction is expected to close during the fourth quarter of
Fervo Energy Breaks Ground on World’s Largest Next-gen Geothermal Project, Utah
September 28, 2023
Fervo Energy held a groundbreaking ceremony to mark the start of its exploration drilling campaign at Cape Station, a next-generation geothermal energy project set to deliver 400 MW of 24/7 carbon-free electricity. Cape Station will begin delivering around-the-clock, clean power
Diamondback Energy Releases 2023 Corporate Sustainability Report, Reduces Scope 1 Emissions by 20%
September 28, 2023
Diamondback Energy has released its 2023 Corporate Sustainability Report. The online report outlines Diamondback’s approach to sustainability, commitment to environmental responsibility, managing and reducing risks, governance and business ethics, and its commitment to their people and communities. The report highlights
Belvedere Terminals Invests $750 Million to Improve Florida’s Fuel Supply Chain
September 27, 2023
Belvedere Terminals is planning to invest approximately $750 million in Florida to develop multiple fuel terminals for storage and supply. Belvedere Terminals is a new company working to support state leaders who are focused on improving Florida’s fuel supply chain
Report: U.S. Oil and Natural Gas Makes Accelerated Progress in Emissions Reductions
September 27, 2023
The U.S. oil and natural gas industry has made “accelerated progress in emissions reductions,” according to a new analysis published by the Environmental Partnership. Its 2023 annual report found that progress was achieved through American companies’ involvement in eight environmental
American Energy Trade Groups Urge BLM to Revise Punitive Proposed Federal Leasing Rule
September 27, 2023
The American Petroleum Institute (API) joined with 13 energy trade associations in calling on the Biden administration to prioritize the energy needs of the American people by developing fair and consistent federal leasing regulations. In comments submitted to the Department
NETL Spearheading $1.3 Billion Initiative to Reduce Methane Emissions from Oil and Gas Industry
September 27, 2023
NETL will leverage its technical expertise and successful track record of innovation to help lead a $1.3 billion interagency initiative to reduce methane emissions across the U.S. oil and natural gas industry. The lab’s pivotal role in reducing methane emissions
Canada Risks More than $37 Billion in Clean Tech as Incentives in Limbo
September 27, 2023
More than a year after Canada first announced incentives to jumpstart clean technology projects there is still no money flowing, and if they are not in place soon, more than C$50 billion ($37 billion) in investments could be at risk,
Sempra Infrastructure Receives FERC Approval for Port Arthur LNG Phase 2, Texas
September 26, 2023
Sempra Infrastructure said the Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas. The permit is a major regulatory milestone for
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