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One Equity Partners Completes Acquisition of TechnipFMC’s Measurement Solutions Business
March 28, 2024
One Equity Partners (OEP) has completed the acquisition of TechnipFMC’s Measurement Solutions business, from TechnipFMC. The business, which is being rebranded as Guidant, is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement
Fifth Circuit Blocks SEC’s Climate Disclosure Rule in First Legal Challenge to the Rule
March 28, 2024
The Securities and Exchange Commission (SEC) recently voted to approve its highly-awaited climate disclosure rule. However, fewer than 10 days after its finalization, the Fifth Circuit Court of Appeals halted the rule’s implementation by imposing an emergency stay. The court
Interior Department Finalizes Rule to Reduce Oil and Gas Leaks on Public and Tribal Lands
March 28, 2024
The Department of the Interior issued a final rule from the Bureau of Land Management (BLM) that will curb the waste of natural gas during the production of oil and gas on federal and Tribal lands. This final rule modernizes
House Passes Anti-carbon Tax Resolution
March 28, 2024
The House voted in a bipartisan manner to approve a concurrent resolution “expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.” CEI Director of the Center for Energy and Environment and Senior
WhiteWater, I Squared, MPLX, and Enbridge to Form JV for Permian Gas Supply
March 27, 2024
WhiteWater, I Squared, MPLX, and Enbridge have entered into a definitive agreement to strategically combine the Whistler Pipeline and Rio Bravo Pipeline project in a newly formed joint venture. Enbridge will contribute its wholly-owned Rio Bravo Pipeline project and cash
Technip Energies, LanzaTech Selected for $200M DOE Grant for Decarbonized Ethylene Facility
March 27, 2024
Technip Energies and LanzaTech Global were selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $200 million in Bipartisan Infrastructure Law and Inflation Reduction Act (IRA) funding as part
Enbridge Receives Canada Energy Regulator Approval for Mainline Tolling Settlement
March 26, 2024
Enbridge said the Canada Energy Regulator (CER) has approved the Mainline Tolling negotiated settlement effective until December 31, 2028. The settlement sets tariffs for crude oil and liquids shipments that start in Western Canada and are delivered across Canada and
New Fortress Energy Receives Positive Customs Ruling for Its FLNG Facility
March 26, 2024
New Fortress Energy (NFE) said the U.S. Customs and Border Protection has issued a ruling confirming that the transportation of LNG produced at the company’s FLNG facility located offshore Altamira, Mexico by non-U.S. qualified vessels would not violate the Jones
IPAA Releases Statement on 2025 Budget that Would Repeal Standing Oil and Natural Gas Tax Provisions
March 26, 2024
The Independent Petroleum Association of America (IPAA) issued the following statement in response to President Biden’s FY 2025 Budget that would repeal many long-standing oil and natural gas tax provisions. “As we stated last week after President Biden’s State of
Athabasca Oil and Cenovus Energy Close on New JV, Duvernay Energy
March 26, 2024
Athabasca Oil Corporation has closed on transaction agreements to create Duvernay Energy Corporation with Cenovus Energy. Duvernay Energy is a privately held subsidiary of Athabasca. Athabasca and Cenovus have contributed assets into Duvernay Energy combining Athabasca’s existing Duvernay assets, Athabasca’s
