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U.S. LNG Producers Poised to Leapfrog Rivals With Three New Projects
February 21, 2023
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world’s largest LNG exporter for years to
IER Report Shows Restricting Domestic Oil, Gas Production Leads to Negative Environmental Outcomes
February 21, 2023
The Institute for Energy Research has released a new report comparing the environmental quality of the major oil-producing countries. For many years there has been a political movement centered in North America and Europe seeking to halt oil and gas
House Committee Sees First-hand How Energy Communities Matter
February 21, 2023
Members of the House Energy & Commerce Committee continued their travel to Midland to see first-hand how the region’s oil and gas industry affects local economics and what impact expanding energy production — or lack of expansion — would have
BP Products North America to Acquire TravelCenters of America for $1.3 Billion
February 21, 2023
BP Products North America Inc., a wholly-owned indirect subsidiary of bp, has reached an agreement to purchase TravelCenters of America (TA). The acquisition, which is subject to regulatory and TravelCenters of America shareholder approval, will be for $1.3 billion in
Shell and Equinor Start Production at Vito Deepwater Oilfield, U.S. Gulf of Mexico
February 20, 2023
Shell, through its subsidiary Shell Offshore, and Equinor have commenced production at the Vito deepwater oilfield in the U.S. Gulf of Mexico (GoM), less than five years after making a final investment decision. The deepwater field, which was discovered in
ExxonMobil to Deploy Honeywell’s Carbon Capture Technology at Its Baytown Complex, Texas
February 20, 2023
Honeywell said ExxonMobil will deploy one of Honeywell’s carbon capture technologies — Honeywell’s CO2 Fractionation and Hydrogen Purification System — at its integrated complex in Baytown, Texas. This technology is expected to enable ExxonMobil to capture about 7 million tons
U.S. Oil & Gas Rig Count Falls for Second Time in Three Weeks
February 20, 2023
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas
Plains All American Completes $367M Divestiture of Interest in Keyera Fort Saskatchewan Facility
February 17, 2023
Plains All American, through its wholly owned subsidiary Plains Midstream Canada, has closed the transaction to sell its non-operated ownership interest in the Keyera Fort Saskatchewan facility to Keyera for approximately $367 million. The transaction was completed at an attractive
W.Va. AG Morrisey Sees New EPA Proposed Rule for Oil & Gas Sectors as Job-killing
February 17, 2023
West Virginia Attorney General Patrick Morrisey is again going after the EPA (Environmental Protection Agency) on the agency expanding its regulatory authority. Morrisey joined a coalition with 23 other state attorneys general to send a letter to EPA Administrator Michael
UGI Launches Joint Venture with Archaea Energy to Develop RNG Project, Pennsylvania
February 17, 2023
UGI Energy Services, a subsidiary of UGI Corporation, and Archaea Energy, a subsidiary of bp, have entered into a joint venture, Aurum Renewables, to develop a renewable natural gas project at the Commonwealth Environmental Systems landfill in Hegins, Pennsylvania. Archaea
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