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Shell-led Consortium Selected by DOE to Demonstrate Feasibility of Liquid Hydrogen Storage
October 14, 2021
A consortium of public, private, and academic experts led by Shell International Exploration and Production, a subsidiary of Royal Dutch Shell, is pioneering an ambitious path to enable large-scale liquid hydrogen (LH2) storage for international trade applications. This is a
Houston Mayor Turner Welcomes Return of the Reuters Events Downstream 2021
October 14, 2021
City of Houston Mayor Sylvester Turner has welcomed the return of the Reuters Events Downstream USA 2021 conference and exhibition to the city. “What better place to get ‘downstream back to business’ than in the world’s energy capital?” said Turner,
TotalEnergies and Qnergy Deploy Innovative Technology to Reduce Barnett Shale Methane Emissions
October 13, 2021
As part of its effort for continuous progress and sustainable development, TotalEnergies has deployment an innovative technology developed by Qnergy, to significantly reduce methane emissions related to its operations on the Barnett gas field in the United States. AN INNOVATIVE
U.S. Carbon Capture and Storage Ambitions Need Extra Fiscal Support
October 13, 2021
The U.S. energy sector may hold key advantages for developing carbon capture and storage (CCS), but its increasingly vocal oil company cheerleaders say they need further tax breaks to achieve the scale required. ExxonMobil, which is championing a $100 billion
Surge Energy Acquires Producing Wells from Grenadier Energy for $420 Million, Texas
October 11, 2021
Surge Energy, through its subsidiary, has signed a purchase and sale agreement to acquire leasehold interest and producing wells from Grenadier Energy Partners II in Howard County, Texas. The aggregate purchase price of the transaction is expected to be approximately
Eni Makes Deepwater Oil Discovery Offshore Mexico
October 11, 2021
Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, Offshore Mexico. According to preliminary estimates the new find may contain between
Howard Energy Partners to Expand Port Arthur Terminal, Texas
October 11, 2021
Howard Energy Partners (HEP) has executed long-term agreements with Diamond Green Diesel (DGD), a 50/50 joint venture between Valero Energy Corporation and Darling Ingredients. HEP plans to significantly expand its Port Arthur, Texas terminal facilities to support DGD’s recently announced
Northern Oil & Gas to Acquire Comstock’s Bakken Shale Assets for $154 Million
October 8, 2021
Comstock Resources has entered into an asset purchase agreement with Northern Oil & Gas to sell its assets in the Bakken shale for $154 million in cash, subject to adjustment and customary closing conditions. The properties being sold include non-operated
Dominion Energy to Sell Questar Pipelines to Southwest Gas for $1.9 Billion
October 8, 2021
Dominion Energy has signed an agreement with Southwest Gas Holdings to sell its Questar Pipelines in an all-cash transaction worth $1.54 billion. Under the terms of the agreement, Southwest Gas will also assume Questar Pipelines’ debt of $430 million. Questar
Callon Petroleum to Sell Noncore Eagle Ford Acreage for $100 Million
October 7, 2021
Callon Petroleum has entered into an agreement to sell non-core acreage in the Eagle Ford Shale for cash proceeds of approximately $100 million. This transaction increases total cash proceeds from Callon’s 2021 divestiture program to over $140 million to date,
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