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Offen Petroleum Enters Great Lakes Region with Gas Depot Acquisition
January 5, 2023
Offen Petroleum has completed the acquisition of the wholesale division of Gas Depot and Gas Depot Oil Company, both headquartered in Chicago, Illinois. The acquisition is Offen’s first into Chicagoland and the Great Lakes region. Gas Depot was founded by
Targa Resources to Take Full Ownership of Grand Prix NGL Pipeline in $1 Billion Deal
January 4, 2023
Targa Resources has entered into a definitive agreement to acquire Blackstone Energy Partners’ 25 percent interest in Targa’s Grand Prix NGL Pipeline for $1.05 billion in cash plus customary working capital adjustments. Targa will own 100 percent of Grand Prix
First LNG Cargo Arrives at Germany’s LNG Terminal in Wilhelmshaven
January 4, 2023
Uniper brought Germany’s first full cargo of liquefied natural gas to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation was loaded in Calcasieu Pass, USA, at the liquefaction facility
Marathon Oil Completes Acquisition Ensign’s Eagle Ford Shale Assets for $3 Billion
January 4, 2023
Marathon Oil Corporation has completed its acquisition of the Eagle Ford assets of Ensign Natural Resources for a total cash consideration of $3 billion after taking into account closing adjustments. “We are pleased to announce the close of our acquisition
Alaska’s Cook Inlet Lease Sales Draws One Bid
January 3, 2023
The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years. The offer of nearly
Port of Corpus Christi Ship Channel Improvement Project Receives $157.3M in Federal Funding
January 3, 2023
The Consolidated Appropriations Act of 2023, approved by Congress in December 2022, includes project closeout funding of $157.3 million for the Port of Corpus Christi Ship Channel Improvement Project (CIP) for the U.S. Army Corps of Engineers (USACE). This funding
AMR PEMCO Expands from Renewable Energy Demand
December 28, 2022
A Tazewell County company is expected to add 20 jobs and $575,200 in private investment, according to a release from the Virginia Coalfields Economic Development Authority. The authority recently awarded a $447,200 low-interest loan to AMR PEMCO in Bluefield to
Record Boost for Clean Energy in $1.7 Trillion Funding Bill Passed by U.S. House
December 28, 2022
The $1.7 trillion bipartisan government spending bill passed by the U.S. House of Representatives Dec. 23 has historic funding increases for clean energy and other climate-related programs. The fiscal year 2023 omnibus appropriations package now goes to President Joe Biden’s
Baker Hughes and Woodside Collaborating to Decarbonize Natural Gas Supply Chain
December 28, 2022
Baker Hughes and Woodside Energy said they have entered into a memorandum of understanding (MOU) to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways. The MOU
Hess Achieves Recognition for Environmental Practices
December 27, 2022
Hess Corporation has been recognized for climate change stewardship in CDP’s Climate Change Scores for 2021. Hess has earned leadership status for 13 consecutive years from CDP, an international nonprofit organization that runs a global environmental disclosure system. This year, Hess is one of only
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