NEWS— Click on text to read news by category: General | Product | People | Worldwide
Stonehenge, UGI Acquire Superior Midstream Appalachian Pipeline Gathering Systems for $120 Million
January 29, 2025
Pine Run Gathering has completed a transaction to acquire Superior Midstream Appalachian for $120 million subject to customary adjustments. Pine Run Gathering is a joint venture owned by a subsidiary of Stonehenge Energy Resources, a portfolio company of Energy Spectrum
Independent Petroleum Association of America Appoints Michael Hillebrand as Chairman
January 29, 2025
The Independent Petroleum Association of America (IPAA) board of directors has appointed Michael (Mike) Hillebrand, the chief executive officer of Pennsylvania-based Huntley & Huntley, as board chairman for a two-year term through 2026. “Mike brings fantastic business and technical expertise
CNX Closes $505 Million Acquisition of Apex Energy
January 28, 2025
CNX Resources has closed the acquisition of the natural gas upstream and associated midstream business of Apex Energy, a portfolio company of funds managed by Carnelian Energy Capital Management, in the Appalachian Basin for total cash consideration of approximately $505
Kuva Systems Awarded $5 Million DOE Contract to Simplify Methane Mitigation
January 28, 2025
Kuva Systems has been awarded a $5 million contract with the U.S. Department of Energy’s (DOE) Methane Emissions Reduction Program (MERP). The agreement will support Kuva in refining and demonstrating its cutting-edge remote emissions investigation system across 175 oil and
Halliburton and Coterra Energy Launch Fully Automated Hydraulic Fracturing Program
January 28, 2025
Halliburton Energy Services and Coterra Energy has launched an autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with the push of a
SLB Capturi Powers Up Its First Modular Carbon Capture Plant, Netherlands
January 28, 2025
Global energy technology company SLB said its SLB Capturi has completed commissioning and is handing over its modular carbon capture plant at Twence’s waste-to-energy facility in Hengelo, Netherlands. The new plant has the capacity to capture up to 100,000 metric
API Names Kristin Whitman as Senior Vice President of Government Relations
January 28, 2025
The American Petroleum Institute (API) has named Kristin Whitman as its new senior vice president of Government Relations. Whitman will lead API’s federal relations and mobilization teams to advance the U.S. oil and natural gas industry’s priorities in Washington, including
Maverick Natural Resources to Acquire ConocoPhillips Permian Basin Assets for $440 Million
January 27, 2025
Maverick Natural Resources has entered into a definitive agreement to acquire certain producing properties in the Permian Basin from ConocoPhillips for a purchase price of $440 million. The assets to be acquired produced more than 11,000 boepd (50 percent oil)
Trump Freezes Energy Department Spending, Loans
January 27, 2025
The Trump administration has halted spending, loans and other actions at the Energy Department as part of a “comprehensive review” to ensure they align with the president’s priorities, according to a memo from the agency’s acting secretary seen by Bloomberg.
Shell Completes Acquisition of RISEC’s Combined-cycle Power Plant, Rhode Island
January 27, 2025
Shell Energy North America (SENA), a subsidiary of Shell, has completed the 100 percent equity stake acquisition of RISEC, which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA. This acquisition maintains SENA’s position in
