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NRC Grants 20-Year License Extension for Dominion’s VC Summer Nuclear Station
July 3, 2025
The Nuclear Regulatory Commission (NRC) has approved Dominion Energy South Carolina’s application to extend the operating license for V.C. Summer Nuclear Station for an additional 20 years. Located in Fairfield County, South Carolina, V.C. Summer provides electricity for customers of
SwRI, UT Austin Advance Use of sCO₂ Foam for Improved Oil rRcovery and Carbon Sequestration
July 3, 2025
Southwest Research Institute (SwRI) and The University of Texas at Austin (UT Austin) have evaluated a promising approach to improve long-term carbon storage in depleted oil and gas reservoirs. The team proposes using foam-entrapped supercritical carbon dioxide (sCO₂) to prevent
DOI’s Secretary Burgum Joins Historic Effort to Fix America’s Broken Permitting System
July 2, 2025
The U.S. Secretary of the Interior Doug Burgum, in coordination U.S. President Donald J. Trump, released reforms to modernize the federal environmental review process and prevent unnecessary regulations from being weaponized to delay American innovation and expansion. “Our nation’s broken
Vermilion Energy to Sell Saskatchewan, Manitoba Assets for $302 Million
July 2, 2025
Vermilion Energy has entered into a definitive agreement for the sale of its Saskatchewan and Manitoba assets for cash proceeds of $301.6 million (CAD$415 million). The assets are currently producing approximately 10,500 boe/d (86 percent oil and liquids) and are
Supreme Court Clears Path for Uinta Basin Railway, Gives Energy Industry a Win
July 2, 2025
In a landmark decision, the U.S. Supreme Court upheld the federal environmental review of the Uinta Basin Railway, restoring critical momentum to one of the most significant infrastructure projects in the country. This ruling reopens the door for the responsible
NextDecade Signs 20-Year LNG Sale and Purchase Agreement with JERA for Rio Grande LNG
July 2, 2025
NextDecade has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, JERA will purchase 2.0 million tonnes per
Trump Issues Memorandum to Streamline Funding for Energy and Critical Mineral Projects
July 1, 2025
In a move aimed at bolstering American energy dominance, President Donald J. Trump has issued a memorandum directing key federal agencies to streamline the funding process for domestic energy infrastructure and critical mineral and material projects. The directive, addressed to
Viper Energy to Acquire Sitio Royalties in $4.1 Billion Deal
June 30, 2025
Viper Energy, a subsidiary of Diamondback Energy, and Sitio Royalties have entered into a definitive agreement where Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, including Sitio’s net debt of approximately $1.1 billion as of
Matador Resources Starts Up Delaware Basin Gas Processing Plant Expansion
June 30, 2025
Matador Resources and its midstream affiliate, San Mateo Midstream, has successfully started up its San Mateo’s Marlan cryogenic natural gas processing plant expansion in Eddy County, New Mexico. “We are pleased to announce the start up of the expansion of
Irving Oil to Invest $100 Million in Its Saint John Refinery, Canada
June 30, 2025
The Saint John refinery is embarking on a significant, $100 million upgrade to its Fluid Catalytic Cracking Unit (FCCU), a cornerstone of its operation since the refinery’s establishment in 1960. The FCCU is a critical processing unit that produces such
