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DOI Sets Offshore Energy Leasing Schedule Under One Big Beautiful Bill Act
August 29, 2025
The Department of the Interior is rolling out a long-term schedule for offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet, as directed by the One Big Beautiful Bill Act (H.R. 1). By committing
LibertyStream’s Oilfield Brine Refining Unit in Transit to Field Operations in Texas
August 29, 2025
LibertyStream Infrastructure Partners said construction of its commercial lithium carbonate refining unit has been finalized and it is now in transit to LibertyStream’s field operations in Texas. “This milestone brings us to the final stage before commercial engagement with future
Oklo Commissions Aurora Digital Monitoring Room with ABB, California
August 29, 2025
Oklo has signed a memorandum of understanding (MOU) with ABB and has commissioned a digital monitoring room at its headquarters in Santa Clara, California. The monitoring room, equipped with ABB technology, will anchor Oklo’s operator training and simulation center and
ExxonMobil Starts Production from Yellowtail Development, Offshore Guyana
August 29, 2025
ExxonMobil Guyana started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above
Cenovus Energy to Acquire Canada’s MEG Energy for $5.7 Billion
August 28, 2025
Cenovus Energy has entered into a definitive arrangement agreement to acquire MEG Energy in a cash and stock transaction valued at $5.7 billion (CAD$7.9 billion). “This transaction represents a unique opportunity to acquire approximately 110,000 barrels per day of production
ATCO’s Yellowhead Pipeline Secures Key Approval from Alberta Utilities Commission, Canada
August 28, 2025
ATCO’s subsidiary, Canadian Utilities Limited, has received approval from the Alberta Utilities Commission (AUC) on the need assessment application for the Yellowhead Pipeline Project, marking a major milestone in the development of Alberta’s energy infrastructure. “This Alberta Utilities Commission decision
MPLX to Divest Rockies Gathering and Processing Assets to Harvest Midstream for $1 Billion
August 28, 2025
MPLX has entered into a definitive agreement to divest its Rockies gathering and processing assets to a subsidiary of Harvest Midstream for $1 billion in cash consideration, subject to customary purchase price adjustments. Harvest has contractually agreed to dedicate approximately
DOE to Distribute Next Round of HALEU to U.S. Nuclear Industry
August 28, 2025
The U.S. Department of Energy (DOE) made conditional commitments to provide high-assay low-enriched uranium (HALEU) to three U.S. companies to meet near-term fuel needs. The second round of HALEU allocations will support the testing of two advanced reactor designs and
Crescent Energy to Acquire Permian’s Vital Energy in $3.1 Billion Deal
August 27, 2025
Crescent Energy and Vital Energy have entered into a definitive agreement where Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1 billion. The combined company will be led by a management team and board with deep operating
North Dakota Approves $500 Million to Advance WBI Energy’s Bakken East Pipeline
August 27, 2025
The North Dakota Industrial Commission acted to support the construction of a natural gas pipeline, directing the North Dakota Pipeline Authority executive director to begin contract discussions with WBI Energy Transmission for the purpose of purchasing transport capacity, a critical
