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Former Siemens CEO Joe Kaeser Joins EIG as Senior Advisor
April 19, 2023
EIG said Joe Kaeser, former president and chief executive officer of Siemens, has joined EIG as senior advisor. In this role, Kaeser will provide strategic counsel to the firm’s leadership team on matters related to global energy markets, with an
Proposed Legislation Threatens to Limit Oil & Gas Industry in Colorado
April 19, 2023
A new bill just introduced in the Colorado House of Representatives threatens to “functionally prohibit new permitting for most industrial processes in the state,” the Colorado Oil and Gas Association and the American Petroleum Institute Colorado asserted on Friday. House
Chevron Canada Voluntarily Relinquishes Offshore Permits on Canada’s West Coast
April 18, 2023
Chevron Canada Limited is voluntarily relinquishing 19 offshore oil and gas permits on Canada’s west coast within the Scott Islands marine National Wildlife Area and the Hecate Strait and Queen Charlotte Sound Glass Sponge Reefs Marine Protected Area (MPA). “Chevron
Pennsylvania to Get $6 Million in Grants for Climate Change Planning from EPA
April 18, 2023
The federal government is giving Pennsylvania a down payment to plan how to best adapt to and mitigate climate change locally. In Harrisburg on Friday, state and federal officials said Pennsylvania will get about $6 million to create priority climate
EQT Launches Forestry Management Program for Carbon Offset Initiative, W.Va.
April 18, 2023
EQT Corporation has launched the company’s first nature-based carbon offset initiative. EQT has partnered with the Wheeling Park Commission, Teralytic, and Climate Smart Environmental Consulting to implement forest management projects that will generate carbon offsets. The projects, which will span
Kinder Morgan Launches Binding Open Season for Additional Capacity on SFPP System
April 17, 2023
Kinder Morgan has launched a binding open season to solicit commitments to support a proposed expansion of a portion of its SFPP pipeline system from El Paso, Texas to Tucson, Arizona. The open season began April 12, 2023, and it
Kimbell Royalty Partners Boosts Midland Basin Position with $143 Million Acquisition
April 17, 2023
Kimbell Royalty Partners has agreed to acquire mineral and royalty interests from MB Minerals, a subsidiary of Sabalo Holdings (a portfolio company of EnCap Investments), in a cash and unit transaction valued at approximately $143.1 million, subject to purchase price
DOE Approves Alaska Gasline Development’s LNG Exports
April 14, 2023
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The Department of Energy approved
Mexico Buys Iberdrola Power Plants for $6 Billion, May Have Gotten Burned in Deal
April 14, 2023
In a surprise if-you-can’t-beat-them-buy-them-out move, Mexican President Andrés Manuel López Obrador (AMLO) said Tuesday, April 4, that, after four years of verbally barraging the Spanish-owned Iberdrola energy company, his administration would now be purchasing the bulk of that company’s Mexican
Mitsubishi Power and Warwick Carbon to Jointly Develop Advanced Decarbonization Projects
April 13, 2023
Innovative decarbonization solutions will soon take center stage as Mitsubishi Power and Warwick Carbon Solutions have entered into a joint development agreement (JDA) that leverages the expertise of both companies to advance decarbonization projects among energy and industrial sectors. The
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