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Railroad Commission of Texas: Media Reports on Abandoned Wells Requires Corrections
August 1, 2023
Recently, some media reports claim plugged and abandoned oil and natural gas wells across the state are leaking and causing widespread pollution. If you read these stories carefully, you’ll see they are not based on evidence, but rather speculation. As
TC Energy to Split Into Two Publicly Listed Companies to Unlock Value
July 31, 2023
TC Energy has received approval from its board of directors to split its business into two standalone, publicly listed companies through the separation of its liquids pipelines operations. According to the Canadian energy infrastructure company, the decision follows a two-year
FERC Issues Positive FEIS for Venture Global’s CP2 LNG Project, Louisiana
July 31, 2023
The U.S. Federal Energy Regulatory Commission (FERC) has issued positive final environmental impact statement (FEIS) for Venture Global’s CP2 LNG project in Louisiana. The step clears the way for a final vote by the commission, as Venture Global seeks to
Eni to Acquire Chevron’s Assets in Kutei Basin, Offshore Indonesia
July 31, 2023
Italian energy company Eni has agreed to acquire Chevron’s interests and operatorship in certain production blocks in the Kutei Basin, offshore East Kalimantan province, Indonesia. Under the agreement, Eni will acquire a 72 percent stake in Makassar Straits Block and
Supreme Court Rules in Favor of Mountain Valley Pipeline
July 28, 2023
The Supreme Court on Thursday cleared the way for the completion of the Mountain Valley Pipeline, a $6.6 billion natural-gas pipeline spanning just over 300 miles, from West Virginia’s northwestern border to southern Virginia. In a brief unsigned order, the
Mexico Pacific Secures Sonora Govt Support for Saguaro Energia LNG Export Project
July 28, 2023
The Government of the State of Sonora and Mexico Pacific have signed a collaboration agreement supporting Mexico Pacific’s anchor LNG export facility, Saguaro Energia, located in Puerto Libertad, Sonora, Mexico. Principally, Mexico Pacific’s LNG project was welcomed as the foundational
W.Va. Gov. Justice Files SCOTUS Brief Urging Mountain Valley Pipeline Completion
July 28, 2023
Governor Jim Justice has filed an amicus brief, asking the U.S. Supreme Court to uphold Section 324 of the Fiscal Responsibility Act of 2023 to restart construction of the Mountain Valley Pipeline. Earlier this month, the U.S. Court of Appeals
SLB and Eni Form Alliance for Vibroacoustic Pipeline Integrity Monitoring and Analysis
July 28, 2023
SLB and Eni, through its subsidiary Enivibes, have formed an alliance to deploy e-vpms® (Eni Vibroacoustic Pipeline Monitoring System) technology, an innovative vibroacoustic wave detection system capable of providing real-time analysis, monitoring, and leak detection for pipelines around the world.
Eni and Vår Energi Agree to Acquire Neptune Energy for $4.9 Billion
July 26, 2023
Italian energy company Eni, together with Norwegian oil and gas company Vår Energi, has agreed to acquire UK-based offshore oil and gas company Neptune Energy for a total enterprise value of $4.9 billion. Established in 2015, Neptune is an independent
W&T Offshore Appoints Sameer Parasnis as Executive Vice President and CFO
July 26, 2023
W&T Offshore, Inc. has appointed Sameer Parasnis to the position of executive vice president and chief financial officer, effective July 3, 2023. “We are excited to welcome Sameer to W&T’s senior leadership team. Sameer has served as a trusted financial
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