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DOI Plans Sweeping Effort to Block Arctic Oil Drilling
April 16, 2024
The U.S. set aside 23 million acres of Alaska’s North Slope to serve as an emergency oil supply a century ago. Now, President Joe Biden is moving to block oil and gas development across roughly half of it. The initiative,
DOI Issues Final Rule for Fluid Mineral Leases and Leasing Process Rule
April 15, 2024
The Department of the Interior issued a final rule to revise the Bureau of Land Management’s (BLM) oil and gas leasing regulations The DOI said the new rule will ensure a balanced approach to development, provide a fair return to
Black & Veatch Receives Full Notice to Proceed with Canada’s First FLNG Project
April 15, 2024
Black & Veatch, in partnership with high-tech shipbuilder Samsung Heavy Industries (SHI), has received full notice to proceed from Cedar LNG partners to begin constructing Cedar LNG’s floating liquefaction facility to be located in Kitimat, British Columbia. Black & Veatch
PacifiCorp Extends Coal and Gas Power Plants, Scales Back Renewables
April 15, 2024
PacifiCorp, parent company to Wyoming’s largest utility, Rocky Mountain Power, has issued major updates to its integrated resource plan, a blueprint that highlights key changes to the company’s business strategy and its ever evolving energy portfolio. The update shines a
U.S. Drillers Cut Oil and Gas Rigs for Fourth Week in a Row
April 15, 2024
U.S. energy firms last week cut the number of oil and natural gas rigs operating for a fourth week in a row for the first time since September 2023, energy services firm Baker Hughes said in its closely followed report
Mountain V Oil & Gas Acquires AXP Energy’s Appalachian Assets for $4 Million
April 12, 2024
Mountain V Oil and Gas, has acquired AXP Energy, an Australian oil and gas company with assets in Tennessee, Kentucky, and Virginia. The $4 million purchase solidifies Mountain V’s position as a reliable and sustainable producer of oil and gas
Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback Energy
April 12, 2024
Oklo Inc., a fast fission clean power technology and nuclear fuel recycling company, has entered into an agreement with Diamondback Energy to collaborate on a long-term power purchase agreement (PPA). The LOI signed by Diamondback outlines its intent to enter
New Study Shows Natural Gas as Best Source for Reliability, Affordability, and Environmental Impact
April 12, 2024
A new study finds that natural gas is the most effective energy source meeting growing energy demands affordably and reliably, while balancing environmental and human impact. The Grading the Grid study by the Mackinac Center for Public Policy, a pro-free
Global Partners Acquires Four Liquid Energy Terminals from Gulf Oil for $212 Million
April 11, 2024
Global Partners has closed on its acquisition of four liquid energy terminals from Gulf Oil Limited Partnership. The terminals are strategically located in Chelsea, Massachusetts, New Haven, Connecticut, Linden, New Jersey, and Woodbury, New Jersey. Global Partners said will further
U.S. Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
April 11, 2024
Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply tightness that could add to rising gasoline prices. Refineries along the Gulf Coast,
