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U.S. Drillers Cut Oil and Gas Rigs for Fourth Week in a Row
April 15, 2024
U.S. energy firms last week cut the number of oil and natural gas rigs operating for a fourth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report
Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback Energy
April 12, 2024
Oklo Inc., a fast fission clean power technology and nuclear fuel recycling company, has entered into an agreement with Diamondback Energy to collaborate on a long-term power purchase agreement (PPA). The LOI signed by Diamondback outlines its intent to enter
New Study Shows Natural Gas as Best Source for Reliability, Affordability, and Environmental Impact
April 12, 2024
A new study finds that natural gas is the most effective energy source meeting growing energy demands affordably and reliably, while balancing environmental and human impact. The Grading the Grid study by the Mackinac Center for Public Policy, a pro-free
Global Partners Acquires Four Liquid Energy Terminals from Gulf Oil for $212 Million
April 11, 2024
Global Partners has closed on its acquisition of four liquid energy terminals from Gulf Oil Limited Partnership. The terminals are strategically located in Chelsea, Massachusetts, New Haven, Connecticut, Linden, New Jersey, and Woodbury, New Jersey. Global Partners said will further
U.S. Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
April 11, 2024
Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply tightness that could add to rising gasoline prices. Refineries along the Gulf Coast,
Brightmark and Chevron JV Open RNG Facility in Arizona
April 11, 2024
Brightmark RNG Holdings has opened its Eloy Renewable Natural Gas (RNG) center, which will produce RNG from dairy manure using anaerobic digestion technology. The project brings this innovative renewable fuel technology to the Southwestern U.S. The Chevron-Brightmark renewable natural gas
EIA: U.S. Natural Gas Output to Decline in 2024, While Demand Rises to Record High
April 10, 2024
U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will ease from
APA Shuffles Leadership Following Callon Acquisition
April 10, 2024
APA Corporation has made updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum. The changes are effective immediately. “Building on the momentum of
Energy Transfer Files Petition With FERC on Williams’ Louisiana Energy Gateway
April 9, 2024
An energy company filed a request with a federal regulator, claiming another company’s pipeline carrying natural gas to the Gulf Coast has been intentionally misclassified by its owner. Energy Transfer (ET), the Dallas-based energy infrastructure company, filed a petition with
CNX Resources Nearing Completion for Its $20 Million Kiski Water Line Project, Pennsylvania
April 9, 2024
CNX Resources said it is nearing completion of its Kiski Water Line project, which will serve the company’s local operational needs, reduce the local impact of natural gas development, and potentially optimize regional water resources by providing additional reliable water
