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Chesapeake Receives Approval to Expand Natural Gas Infrastructure in Nassau County, Florida
February 2, 2023
Chesapeake Utilities Corporation has received approval for its Wildlight development from the Florida Public Service Commission to provide natural gas service to approximately 4,000 new residences and businesses in the Nassau County, Florida. Florida Public Utilities (FPU), a Chesapeake Utilities
Freeport LNG Gets U.S. OK to Begin Steps to Restart LNG Plant, Texas
February 1, 2023
Freeport LNG, the second-biggest U.S. liquefied natural gas (LNG) exporter, got approval from federal regulators to take early steps to restart its fire-idled LNG export plant in Texas. Freeport, however, has not yet sought permission to restart the liquefaction trains
Andros Capital Partners Closes Second Energy Fund at $750 Million
February 1, 2023
Andros Capital Partners has closed on its second investment fund Andros Energy Capital II at its $750 million hard cap. “We are extremely grateful for the continued support and confidence that our investors and partners have placed in our firm.
Imperial Approves $560 Million for Renewable Diesel Facility, Canada
January 31, 2023
Imperial said it will further help Canada achieve its net zero goals by investing about $560 million (CAD$720 million) to move forward with construction of the largest renewable diesel facility in the country. The project at Imperial’s Strathcona refinery near
ExxonMobil Awards FEED Contract for Its Low-carbon Hydrogen Project to Technip Energies, Texas
January 31, 2023
ExxonMobil has awarded a front-end engineering and design (FEED) contract to Technip Energies for a low-carbon hydrogen project to be built at its Baytown refining and petrochemical complex in Texas. According to ExxonMobil, the Baytown low-carbon hydrogen, ammonia, and carbon
EnCap Upsizes Double Eagle Equity Commitment to $2.3 Billion
January 30, 2023
EnCap Investments, Double Eagle Energy Holdings, and Tumbleweed Royalty have made an equity commitment upsize and establishment of their RBL facility. The expansion of capital will provide for acceleration of Double Eagle’s core strategy of acquiring and developing top-tier, accretive
Shell to Combine Upstream and LNG Operations, Makes Changes to Executive Committee
January 30, 2023
Shell will reduce the size of its executive committee (EC) from nine to seven members in a decisive move designed to simplify the organization further and improve performance as they deliver their Powering Progress strategy. Under the changes, which are
Chevron Names Mark Nelson Vice Chairman
January 30, 2023
Chevron Corporation said Mark A. Nelson, executive vice president, Strategy, Policy & Development, has been named vice chairman and executive vice president, Strategy, Policy & Development. In this new corporate officer role, Nelson will continue leading Chevron’s Strategy & Sustainability,
Oil and Gas Companies Moving into Permian Basin in $100M String of Deals, as Region Expands
January 27, 2023
An oil and gas producer based on the Texas side of the Permian Basin looked to capitalize on growth in the New Mexico portion of the region, looking to buy lands in the southeast corner of the state. Permian Resources
Norway to Offer Record Number of Arctic Oil and Gas Exploration Blocks
January 27, 2023
Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticized the risk to the environment. The
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