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LyondellBasell Pushes Back Houston Refinery Closure to 2025, Texas
June 5, 2023
LyondellBasell said it will delay its refining business exit from year-end 2023 to no later than the end of the first quarter 2025. Favorable inspections and consistent performance have given the company confidence to continue safe and reliable operations at
Spicewood Mineral Partners Closes Second Energy Fund With $120 Million in Capital Commitments
June 2, 2023
Spicewood Mineral Partners, a leading Dallas based mineral and energy investment management firm, has made an initial closing of Spicewood Mineral Partners II with approximately $120 million in capital commitments. This is the firm’s fourth investment vehicle launched to date
International Chamber of Shipping Releases Proposal to Support Development of Global Fuel Standard
June 2, 2023
The International Chamber of Shipping (ICS) has submitted detailed well-thought through proposals to the next round of International Maritime Organization (IMO) negotiations. These support the development of a global fuel standard as a technical measure to reduce the GHG intensity
Fiscal Responsibility Act Speeds Up Development of Mountain Valley Pipeline
June 1, 2023
Mountain State residents don’t have to worry whether they’ve got people working on their behalf in Washington, D.C. The negotiations leading up to a compromise Fiscal Responsibility Act are proof. Because of the work done by senators and representative, permitting
Pembina Pipeline Enters Agreement with Marubeni to Develop Low Carbon Ammonia Project
June 1, 2023
Pembina Pipeline Corporation has signed a memorandum of agreement (MOA) with Marubeni Corporation to progress an end-to-end, low-carbon ammonia supply chain from Western Canada to Japan and other Asian markets. The project includes the joint development of a world-scale, low-carbon
Pompano Resource Transformation Acquires Gulf Coast Oil Field from Paloma Resources
June 1, 2023
Pompano Resource Transformation, a wholly-owned subsidiary of XMC Strategies, has acquired a Gulf Coast oil asset, including 33 operated oil wells, from Paloma Natural Gas, which is owned in part by Houston-based private equity firm EnCap Investments. Financial terms of
TechnipFMC Awarded Significant iEPCI™ Contract by Shell for Dover Development, Gulf of Mexico
June 1, 2023
TechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation (iEPCI™) contract by Shell for its Dover development in the Gulf of Mexico. TechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and
Howard Energy Partners Selected for DOE’s Carbon Capture Technology Program
May 31, 2023
Howard Energy Partners (HEP) has been selected for a $3 million funding opportunity through the U.S. Department of Energy’s (DOE) Carbon Capture Technology Program. The federal funding will be used to evaluate the technical and economic feasibility of transporting up
Double Eagle Expands in Permian, Eyes Fifth Rig in July
May 31, 2023
Double Eagle IV has expanded its Permian Basin leasehold to about 40,000 acres and is considering the addition of another rig this summer, the company’s co-CEO and co-Founder Cody Campbell said May 23 at Hart Energy’s Super DUG conference. Double
JERA Americas Names James Tinsley as Company’s First Chief Commercial Officer
May 31, 2023
JERA Americas, the Houston-based subsidiary of global energy leader JERA, has appointed James Tinsley as its new chief commercial officer (CCO). Tinsley joins JERA Americas from his position as vice president, Natural Gas Supply and Trading for Calpine Energy Services.
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