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Crescent Energy to Acquire EP Energy’s Uinta Basin Assets for $815 Million
March 2, 2022
Crescent Energy Company has entered into a definitive purchase agreement with Verdun Oil Company II LLC to acquire Uinta Basin assets previously owned by EP Energy for $815 million, subject to customary purchase price adjustments. The all-cash transaction, expected to
Cheniere Completes New Sabine Pass LNG Export Unit in Louisiana
March 2, 2022
Cheniere Energy Partners, a subsidiary of Cheniere Energy, have completed Train 6 at the Sabine Pass liquefaction project in Cameron Parish, Louisiana (SPL Project). Commissioning is complete and Cheniere’s engineering, procurement, and construction partner, Bechtel Oil, Gas and Chemicals has
Tallgrass Names Matt Sheehy as President and CEO, William Moler Appointed Chairman
March 2, 2022
Tallgrass Energy has appointed William R. (Bill) Moler to non-executive chairman of the board effective July 1, 2022. At that time, Moler will step down as CEO and Tallgrass President Matthew (Matt) Sheehy will assume the role of president and
Consumer Energy Alliance Launches “Open the Gulf” Campaign to Fight High Energy Prices, Inflation
March 2, 2022
Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and businesses, on Thursday launched the “Open the Gulf” campaign to help counter surging prices at the pump and rampant inflation by focusing attention on the current ban
Canada to Ban Russian Oil Imports, to Supply Anti-tank Weapons to Ukraine
March 1, 2022
Canada will supply anti-tank weapons and upgraded ammunition to Ukraine to support its fight against a Russian invasion, Prime Minister Justin Trudeau said on Monday, and it will ban imports of Russian crude oil. “Canada will continue to deliver support
Shell to Exit Russia After Ukraine Invasion, Joining BP
March 1, 2022
Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company to quit the oil-rich country following Moscow’s invasion of Ukraine. The decision comes a day
DOE Releases First-Ever Comprehensive Strategy to Secure America’s Clean Energy Supply Chain
March 1, 2022
The U.S. Department of Energy (DOE) released America’s first comprehensive plan to ensure security and increase our energy independence. The sweeping report, America’s Strategy to Secure the Supply Chain for a Robust Clean Energy Transition, lays out dozens of critical
Devon Partners With Omnia Midstream to Integrate Renewable Energy Into Delaware Basin Operations
March 1, 2022
Omnia Midstream Partners entered into a development agreement to integrate renewable energy into the operations of Devon Energy’s Stateline field located in the Delaware Basin. The project will include significant benefits for the producer’s stakeholders through carbon emissions reduction, competitively
U.S. Drillers Add Oil and Gas Rigs for a Record 19th Month
February 28, 2022
U.S. energy firms last week added oil and natural gas rigs for an eighth week in a row, with the rig count rising for a record 19th month in a row, as crude prices soared beyond $100 a barrel for
Diamondback Energy Makes Executive Leadership Changes
February 28, 2022
Diamondback Energy made a series of leadership appointments and promotions, effective immediately. Travis Stice will assume the role of chairman of the board of directors of Diamondback and will remain in his current role as chief executive officer. Steven West,
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