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Honeywell and ZoneFlow to Collaborate on Breakthrough Structured Catalyst for Hydrogen Production
November 3, 2021
Honeywell and ZoneFlow Reactor Technologies (ZFRT) have entered into a joint agreement to commercialize ZoneFlow™ Reactor Technology. This technology promises to provide a step-change improvement in the efficiency and carbon intensity of steam methane reforming for the production of hydrogen.
Biden Proposes New Rules to Cut Methane Emissions at COP26 Summit
November 2, 2021
The Biden administration is proposing stricter regulations to reduce leaks of methane from oil and gas industry operations. It comes as world leaders at the U.N. climate meeting in Glasgow are pushing countries to join a global pledge to cut
EPA to Draft Power Plant Emissions Rules Despite Supreme Court Ruling
November 2, 2021
The U.S. Environmental Protection Agency will continue to draft rules targeting greenhouse gas emissions from power plants despite a surprise Supreme Court decision last week to review its authority to do so, its administrator told Reuters on Monday. “EPA will
U.S. Drillers Add Oil and Gas Rigs for 15th Month in a Row
November 1, 2021
U.S. energy firms added oil and natural gas rigs for a 15th month in row in October as oil prices soared to fresh seven-year highs, prompting some drillers to return to the wellpad. For the week, the oil and gas
Chesapeake Energy Selects Nabors Industries as Preferred Drilling Contractor
November 1, 2021
Chesapeake Energy Corporation and Nabors Industries said they will enter into a contractual agreement, establishing Nabors as the new preferred drilling contractor for Chesapeake across its unconventional oil and natural gas assets in the United States. Both companies have contributed
Denbury and Mitsui Enter MOU and Start of Joint Evaluation for Low-Carbon Solutions Opportunities
October 27, 2021
Denbury Onshore and Mitsui (MEPUSA) have commenced a joint evaluation of potential opportunities in the U.S. Gulf Coast to develop carbon-negative oil assets utilizing anthropogenic CO2 via carbon capture, utilization, and storage (CCUS). As part of the evaluation, MEPUSA and
Cheniere and Glencore Sign Long-Term LNG Sale and Purchase Agreement
October 27, 2021
Cheniere Energy’s subsidiary, Cheniere Marketing, has entered into a binding liquefied natural gas (LNG) sale and purchase agreement (SPA) with a subsidiary of Glencore. Under the SPA, Glencore has agreed to purchase approximately 0.8 million tonnes per annum of LNG
Lagoon Water Midstream Enters Midland Basin with Acquisition of Double Drop Resources
October 26, 2021
Lagoon Water Midstream said it has closed on the acquisition of Double Drop Resources, a water management company located in the Midland Basin. With ongoing support from Macquarie Infrastructure Partners, this acquisition significantly expands Lagoon’s operations and establishes it as
Enbridge Acquires Moda Midstream for $3 Billion
October 26, 2021
Enbridge has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating for $3.0 billion in cash, subject to closing adjustments. The acquisition will significantly advance the company’s U.S. Gulf Coast export strategy and connectivity
EQT to Acquire Shale Operator Alta Resources for $2.9 Billion
October 26, 2021
EQT has agreed to acquire all of the membership interests in shale operator Alta Resources Development’s upstream and midstream subsidiaries for about $2.92 billion in a cash-cum-stock deal. The deal gives 300,000 core net acres in the Marcellus Shale in
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