NEWS— Click on text to read news by category: General | Product | People | Worldwide
EOG Resources to Acquire Utica Shale Oil Producer Encino for $5.6 Billion
August 11, 2025
EOG Resources entered into a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy where EOG will acquire Encino Acquisition Partners for $5.6 billion. “This acquisition combines large, premier acreage positions in the Utica, creating a third
PHMSA Rescinds Section 114 of 2020 PIPES Act
August 11, 2025
The U.S. Department of Transportation’s (USDOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) has transmitted a notice to the Federal Register that rescinds an advisory bulletin issued by the Biden administration concerning the provisions in Section 114 of the Protecting
Port of Corpus Christi Celebrates $625 Million Ship Channel Expansion, Texas
August 11, 2025
The Port of Corpus Christi hosted federal, state, and local leaders at a historic event celebrating the forthcoming completion of a milestone national infrastructure project, which increased the depth of the Corpus Christi Ship Channel to 54 feet Mean Lower
Albert Manifold to Succeed Helge Lund as Chairman of BP
August 11, 2025
BP has appointed Albert Manifold to succeed Helge Lund as chair of the company. He will join the company’s board on September 1, as non-executive director and chair-elect, and will take over as chair on October 1. At that point,
ConocoPhillips to Sell Anadarko Basin Assets for $1.3 Billion
August 8, 2025
ConocoPhillips has signed an agreement to sell its assets in the Anadarko basin for $1.3 billion, a move that pushes the company past its $2 billion divestiture goal ahead of schedule and reinforces its strategy to optimize its Lower 48
Evolution Petroleum Closes $17 Million Mineral & Royalty Acquisition in SCOOP/STACK Area of Oklahoma
August 8, 2025
Evolution Petroleum has closed on the acquisition of mineral and royalty interests in the SCOOP/STACK area of Oklahoma from a non-affiliated private seller in a cash transaction valued at approximately $17 million, subject to customary post-closing adjustments. “Building on our
BLM Seeks Initial Input for March 2026 Sale of Oil and Gas Leases, Nevada
August 8, 2025
The Bureau of Land Management opened a 30-day public comment period on August 4 to receive public input on plans to include 11 oil and gas parcels totaling 19,957 acres in a March 2026 lease sale in Nevada. The comment
DOE Approves Fifth Loan Disbursement to Holtec to Restart Palisades Nuclear Plant, Michigan
August 8, 2025
U.S. Department of Energy (DOE) Secretary Chris Wright today released the fifth loan disbursement to Holtec to help fund the restart of the Palisades Nuclear Plant. This action disburses $83,234,156 of the up to $1.52 billion loan guarantee to Holtec
DOE Issues Final Non-FTA LNG Export Authorization for Venture Global Calcasieu Pass Project
August 6, 2025
U.S. Secretary of Energy Chris Wright signed a final authorization for additional liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from Venture Global’s Calcasieu Pass project in Cameron Parish, Louisiana. This authorization allows Calcasieu Pass, an LNG
DOE Publishes New Report: A Critical Review of Impacts of Greenhouse Gas Emissions on U.S. Climate
August 6, 2025
The U.S. Department of Energy (DOE) released a new report, A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate, evaluating existing peer-reviewed literature and government data on climate impacts of greenhouse gas (GHG) emissions and providing
