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Kimbell Royalty Partners Boosts Midland Basin Position with $143 Million Acquisition
April 17, 2023
Kimbell Royalty Partners has agreed to acquire mineral and royalty interests from MB Minerals, a subsidiary of Sabalo Holdings (a portfolio company of EnCap Investments), in a cash and unit transaction valued at approximately $143.1 million, subject to purchase price
DOE Approves Alaska Gasline Development’s LNG Exports
April 14, 2023
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia. The Department of Energy approved
Mexico Buys Iberdrola Power Plants for $6 Billion, May Have Gotten Burned in Deal
April 14, 2023
In a surprise if-you-can’t-beat-them-buy-them-out move, Mexican President Andrés Manuel López Obrador (AMLO) said Tuesday, April 4, that, after four years of verbally barraging the Spanish-owned Iberdrola energy company, his administration would now be purchasing the bulk of that company’s Mexican
Mitsubishi Power and Warwick Carbon to Jointly Develop Advanced Decarbonization Projects
April 13, 2023
Innovative decarbonization solutions will soon take center stage as Mitsubishi Power and Warwick Carbon Solutions have entered into a joint development agreement (JDA) that leverages the expertise of both companies to advance decarbonization projects among energy and industrial sectors. The
Environmental Groups Challenge New BiOp on Mountain Valley Pipeline
April 13, 2023
Several environmental organizations have filed a legal challenge to the recently issued new biological opinion (BiOp) by the U.S. Fish and Wildlife Service for the Mountain Valley Pipeline (MVP), an underground gas pipeline being laid between West Virginia and Virginia.
USD Partners Sells Its Casper Rail Terminal for $33 Million
April 12, 2023
A wholly-owned subsidiary of USD Partners has entered into a membership interest purchase agreement with South 49 Holdings Ltd., a member of the midstream energy partners group of companies. Upon the terms and subject to the conditions set forth in
Liberty Energy Launches New Alternative Fuel Unit Liberty Power Innovations, Acquires Siren Energy
April 12, 2023
Liberty Energy has made the commercial launch of Liberty Power Innovations (LPI), an integrated alternative fuel and power solutions provider for remote applications. LPI’s initial focus is on compressed natural gas (CNG) supply, field gas processing and treating, and well
Utility Firms Dominion Energy, National Grid Pursuing Pipeline Sales
April 12, 2023
Utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Dominion is mulling a sale
Long-Term Outlook for Wyoming’s Largest Utility Creates Concern Over Grid Reliability, Rates
April 12, 2023
PacifiCorp recently released its latest Integrated Resource Plan (IRP). The document spells out where Wyoming’s largest utility plans to get its energy from for the next two decades. The company plans to increase wind and solar resources, as well as
Amplify Energy Receives Approval to Restart Operations at Beta Field, California
April 11, 2023
Amplify Energy has received the required approvals from federal regulatory agencies to restart operations at the Beta Field. Initial steps to resume full operations will involve filling the San Pedro Bay Pipeline with production, a process which commenced over the
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