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Permian Resources Closes Bolt-On Acquisition of Oxy’s Core Delaware Basin Assets
September 17, 2024
Permian Resources has closed on it acquisition of certain leasehold and royalty interests and related midstream infrastructure from Occidental. The acquired assets consist of ~29,500 net acres, ~9,900 net royalty acres and substantial midstream infrastructure primarily located offset the company’s
TransTech Group Acquires North American Business of Koch Heat Transfer
September 17, 2024
TransTech Group, a leading portfolio company of Bridge Industries, has acquired the North American business of Koch Heat Transfer (KHT). Koch is a global leader in the design and manufacture of heat transfer equipment and technologies, by its subsidiary Metalforms.
12 Democrats Warn Biden’s Natural Gas Freeze Could End Up Undermining Ukraine, Eastern Europe
September 17, 2024
A dozen House Democrats wrote to President Joe Biden on Friday, urging him to “prioritize and expedite” reviews for natural gas export terminals that will send fuel to Ukraine despite the administration’s pause on new approvals for export hubs. The
DOE Releases $15 Million FOA to Reduce Methane Emissions from Oil and Gas Sector
September 16, 2024
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has announced up to $15 million in federal funding to support research and development (R&D) projects that help reduce methane emissions from undocumented orphaned oil and
Federal District Court Rules in Favor of Oil and Gas Industry Over BLM’s Gas Flaring Rules
September 16, 2024
Governor Mark Gordon is praising a ruling last week in Federal District Court in North Dakota that challenges the Bureau of Land Management’s gas flaring rules. “This is a great first step and an extremely positive indication that our legal
Blackline Safety Advances Early Threat Detection with Launch of Next-Gen EXO 8
September 16, 2024
Blackline Safety has launched a next generation connected area monitor that advances gas detection and early threat identification for companies and first-responders. The new EXO 8 portable area monitor is the only direct-to-cloud area monitor capable of detecting up to
Mantel Secures $30 Million to Commercially Deploy Its Carbon Capture System
September 13, 2024
Mantel Capture has raised $30 million in series A funding co-led by Shell Ventures and Eni Next. The funding will be used to implement a demonstration project at an industrial site and help pave the way for full-scale commercial deployment
Trillion Energy’s Akcakoca-3 Well Begins Gas Production, Offshore Turkey
September 13, 2024
Trillion Energy International said the Akcakoca-3 well at the SASB Gas Field has now been put into production. “We are thrilled with the strong performance of Akcakoca-3 and the successful flow tests at Alapli-2,” said Arthur Halleran, CEO of Trillion
UK Government Releases New Environmental Guidance After Supreme Court Ruling
September 13, 2024
The UK government has announced plans for new environmental guidance for oil and gas firms to provide stability for industry, support investment, protect jobs, deliver economic growth, and meet its climate obligations, as the North Sea transitions to its clean
ConocoPhillips Appoints Nelda Connors to Its Board of Directors
September 13, 2024
ConocoPhillips said its board of directors has elected Ms. Nelda J. Connors to serve as a board member. “It is an honor to welcome Nelda to the ConocoPhillips board of directors,” said Ryan Lance, chairman and chief executive officer. “Nelda
