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BOEM to Publish Proposed Notice of Gulf of Mexico September Oil and Gas Lease Sale
March 23, 2023
The Bureau of Ocean Energy Management (BOEM) will publish the proposed notice of sale (PNOS) for an oil and gas lease sale in the Gulf of Mexico, which is scheduled to be held in September 2023. Gulf of Mexico oil
Enbridge to Acquire Tres Palacios Gas Storage Facility for $335 Million, Texas
March 23, 2023
Canadian pipeline operator Enbridge said it would buy a gas storage facility in Tres Palacios in the U.S. Gulf of Mexico coast region for $335 million to strengthen its liquefied natural gas (LNG) export business. The deal looks to tap
Deutsche Bank Tightens Finance Policy on Coal, but Not on Oil and Gas
March 23, 2023
Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists. Financial firms are under pressure from policymakers and investors to reduce the scale
Sempra Reaches FID on $13 Billion Port Arthur LNG Project, Closes JV with ConocoPhillips Affiliate
March 22, 2023
Sempra’s 70 percent owned subsidiary, Sempra Infrastructure Partners, reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra Infrastructure closed its joint venture with
Capstone Green Energy Secures New Orders for Major Oil Field Project, Two Offshore Platforms, Alaska
March 22, 2023
Capstone Green Energy Corporation said Arctic Energy, Capstone’s authorized distributor in Alaska, has received new orders from two leading oil and gas operators. The first order is for a C600S microturbine to power a major oil and gas production site
Amplify Energy Appoints Dan Furbee as COO and Senior VP
March 22, 2023
Dan Furbee has joined Amplify Energy Corp. as senior vice president and chief operating officer. “I am excited to announce that Dan has decided to join Amplify. Dan will be a valuable addition to the management team and brings extensive
Haisla Nation and Pembina’s Cedar LNG Project Gets Environmental Approval, Canada
March 21, 2023
The Haisla Nation and Pembina Pipeline Corporation, partners in the development of the proposed Cedar LNG Project, has received its environmental assessment certificate (EAC) from the B.C. Environmental Assessment Office, and has signed a memorandum of understanding with ARC Resources
ExxonMobil Boosts Fuel Supply with Startup of $2 Billion Beaumont Refinery Expansion
March 21, 2023
ExxonMobil has successfully started up its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. Supported by the company’s growing crude production in
BOEM Publishes Final Notice of Sale for Gulf of Mexico March Oil and Gas Lease Sale
March 21, 2023
The Bureau of Ocean Energy Management (BOEM) said it will hold an oil and gas lease sale in the Gulf of Mexico on March 29, 2023. Gulf of Mexico oil and gas lease sale 259 will offer approximately 13,600 blocks
Performance Operating Partners Appoints Chad Hill as COO
March 21, 2023
Performance Operating Partners has appointed Chad Hill as COO. “I’ve had the pleasure of working with Chad in the past. He’s a fantastic leader and top-notch operations engineer. He has a great attention to detail and always has a good
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