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Wave of New LNG Export Plants Threatens to Knock Gas Prices
March 15, 2023
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say. Proposed and
Biden Administration Approves Development of ConocoPhillips’ Willow Oil Project, Alaska
March 14, 2023
The Biden administration on Monday approved a massive oil development project on Alaska’s North Slope, and said it is adding new environmental protections to limit future oil development in several areas of the National Petroleum Reserve-Alaska. ConocoPhillips’ $8 billion Willow
Interior Department Issues Record of Decision for ConocoPhillips’ Willow Oil Project, Alaska
March 14, 2023
The Interior Department issued a record of decision regarding the proposed Willow Master Development Plan in the National Petroleum Reserve-Alaska (NPR-A). The Department is substantially reducing the size of the project by denying two of the five drill sites proposed
ConocoPhillips Welcomes Record of Decision on the Willow Project in Alaska
March 14, 2023
ConocoPhillips said it welcomes the Department of the Interior’s record of decision (ROD) on the Willow project, adopting the three core pads detailed in the Bureau of Land Management (BLM) preferred Alternative E. ConocoPhillips Alaska completed extensive preparations with key
EPA Proposes Expanded Higher-ethanol Gasoline Sales in Midwest
March 14, 2023
The U.S. Environmental Protection Agency proposed a rule to allow sales of gasoline with a higher ethanol blend in certain U.S. Midwest states, a win for the ethanol and farm industries that have sought the expansion for years. Any change
Biden Administration Set to Approve ConocoPhillips’ Willow Project, Alaska
March 13, 2023
U.S. President Joe Biden’s administration will approve a major oil drilling project in Alaska on Monday, according to a source familiar with the matter. The decision to move ahead with the project by authorizing three drill sites in northwestern Alaska
Trans Mountain Releases Updates for Trans Mountain Expansion Project, Costs Now at $22.5 Billion
March 13, 2023
Trans Mountain Corporation released an update for the Trans Mountain Expansion Project. Construction of the project is close to 80 percent complete, with mechanical completion expected to occur at the end of 2023, and the pipeline will be in-service in
Amplify Reaches $96.5M Settlement Related to Containerships’ Anchor Strikes of Amplify’s Pipeline
March 13, 2023
Amplify Energy said it has reached a settlement of its claims against the M/V Danit (in rem) and its affiliated corporate entities; the M/V Beijing and its affiliated corporate entities, as well as the COSCO marine entities and the Marine
U.S. Oil & Gas Rig Count Falls for Fourth Week in a Row
March 13, 2023
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report
Freeport LNG Receives Regulatory Approval for Restart of Final Liquefaction Train
March 10, 2023
Freeport LNG has received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart Train 1, the final train of Freeport LNG’s three train liquefaction facility to receive restart authorization.
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