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Mining Giant Glencore Pleads Guilty to UK Bribery Charges
May 25, 2022
A subsidiary of the mining and commodities trading giant Glencore has pleaded guilty to seven counts of bribery in a London court. The firm also said it will pay more than $1 billion (£800 million) to resolve similar claims with
Sempra to Develop Carbon Capture Project at Cameron LNG Facility, Louisiana
May 24, 2022
Sempra Infrastructure, a subsidiary of Sempra, has signed a participation agreement with TotalEnergies, Mitsui & Co., and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana. The participation agreement contemplates that the combined
White House Considers Tapping Emergency Diesel Reserve to Ease Supply Crunch
May 24, 2022
The White House is weighing an emergency declaration to release diesel from a rarely used stockpile in a bid to address a major supply crunch and blunt rising prices, an administration official said on Monday. U.S. President Joe Biden has
Halliburton and Aker BP Collaborate to Develop Next Generation Field Development Planning
May 24, 2022
Halliburton Company said it and Aker BP will co-develop next generation field development planning software. The collaboration delivers a new cloud application — Field Development Planning (FDP) — from Halliburton. It also expands the scope of the current Digital Well
ArcLight and Cutlass Energy Partners to Acquire Haynesville Gas Gathering System
May 23, 2022
ArcLight Capital Partners and Cutlass Energy Partners said their affiliate, Saber Midstream has entered into an agreement with an undisclosed seller to acquire a natural gas gathering system in the Haynesville basin of Louisiana and Texas. The parties anticipate closing
Oklahoma Shale Driller Chaparral Rebrands as Canvas Energy
May 23, 2022
Chaparral Energy has completed its corporate rebranding to Canvas Energy Inc. The rebranding includes the launch of a new name, logo, website, and updated corporate presentation that build on the company’s premier operations and financial strength as well as its
DOE Seeks Public Input on Formulation of $505M Long Duration Energy Storage Initiative
May 23, 2022
As an extension of the Bipartisan Infrastructure Law, the U.S. Department of Energy (DOE) will be rolling out the Long Duration Energy Storage for Everyone, Everywhere Initiative, a $505 million effort to increase the availability and affordability of long term
Duke Energy Files Carolinas Carbon Plan with NCUC
May 23, 2022
Duke Energy filed this week its proposed clean energy plan, the Carolinas Carbon Plan, with the North Carolina Utilities Commission (NCUC). The plan outlines Duke Energy’s path to reduce carbon dioxide (CO2) emissions by 70 percent by 2030 and achieve
UGI to Fund More than $70M in Renewable Natural Gas Projects from MBL Bioenergy, South Dakota
May 23, 2022
Efforts by MBL Bioenergy to develop a set of renewable natural gas (RNG) projects in South Dakota solidified this week through a new agreement with UGI Energy Services (UGIES), the result of which will see UGI fully fund these efforts
Rio Tinto and bp Sign One-year Trial of Marine Biofuels
May 23, 2022
Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. Under the trial, bp is supplying Rio Tinto with marine biofuel for approximately 12 months. The
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