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NEWS Click on text to read news by category: General | Product | People | Worldwide

CNX and ICE Thermal Harvesting Launch Pilot Program Generating Zero-Emission

March 1, 2023

CNX Resources and ICE Thermal Harvesting have partnered on a pilot project to generate 100 percent emission-free, locally-sourced power for use in CNX’s operations. Underway at CNX’s Dry Ridge compressor station in West Virginia, Phase One of the project captures

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FirstEnergy to Sell Additional Stake in Transmission Business to Brookfield for $3.5 Billion

March 1, 2023

U.S.-based electric utility FirstEnergy has agreed to divest an additional 30 percent stake in its FirstEnergy Transmission business to Brookfield Super-Core Infrastructure Partners in an all-cash deal worth $3.5 billion. FirstEnergy Transmission serves as the holding company for three of

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Suncor Adds a High Tech System to Improve Mine Safety

March 1, 2023

Jason Mercer has operated heavy equipment in mines for more than two decades, with the last 17 years at the Aurora mine, about 75 kilometers northeast of Fort McMurray, Alta. And the straight-talking miner sees Suncor’s new collision awareness system

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ERIKS North America Appoints Michael Pastore as Chief Operating Officer

March 1, 2023

ERIKS North America has appointed Michael Pastore as its chief operating officer. “We are thrilled to have Michael join our team as COO. His track record of success driving operational excellence makes him a valuable asset to our organization. We

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Baytex to Acquire Eagle Ford Operator Ranger Oil for $2.5 Billion

February 28, 2023

Baytex Energy Corp. has entered into a definitive agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company. The total consideration to be paid by Baytex, including assumption of net debt, is approximately US$2.5 billion (C$3.4 billion). The

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In New Subcommittee Role, U.S. Rep. Stauber Aims for Permitting Reform, Oversight of Biden

February 28, 2023

U.S. Rep. Pete Stauber was named chair of the Energy and Mineral Resources Subcommittee earlier this month. The subcommittee, under the umbrella of the House Committee on Natural Resources, has jurisdiction over energy production on federal lands, both on and

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Chevron to Install New Technologies Aboard Its Vessels to Lower Carbon LNG Fleet

February 28, 2023

Chevron Corporation, through its subsidiary Chevron Shipping Company, has entered into an agreement with Sembcorp Marine Repairs & Upgrades, a wholly owned subsidiary of Sembcorp Marine, intending to reduce the carbon intensity of their LNG fleet operations. Under the agreement,

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Bentley Systems Founder Keith Bentley to Retire, Julien Moutte Promoted to Chief Technology Officer

February 28, 2023

In April 2023 founder Keith Bentley will step down as chief technology officer to assume the role of technology advisor through his anticipated retirement later in the year. Bentley will continue his service on Bentley Systems’ board of directors. His

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Foothills Exploration Acquires 545 Leases and Wells Located in Kansas and Oklahoma

February 27, 2023

Foothills Exploration has acquired certain leases and wells located in Kansas and Oklahoma. The world is expected to remain dependent upon oil and natural gas as transitional energy sources until the world can produce enough quantities of green energy. Natural

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Gulfstream LNG Begins Permitting Process and Advances Project Development

February 27, 2023

Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorization to export up to four million tonnes per annum (MTPA) of liquefied natural gas (LNG)

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