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Diversified Energy to Acquire East Texas NatGas Assets from Crescent Pass Energy for $106 Million
July 16, 2024
Diversified Energy Company has executed a conditional purchase and sale agreement for the acquisition of high-working interest, operated natural gas properties and related facilities located within eastern Texas from Crescent Pass Energy. “The target assets are a perfect fit with
ADCC Pipeline Begins Commercial Service, Texas
July 16, 2024
The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 Billion cubic feet per day (Bcf/d) of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline’s
FTC Issues Second Request for ConocoPhillips-Marathon Oil $22.5 Billion Acquisition
July 16, 2024
ConocoPhillips has received a second request for information from the U.S. FTC for its acquisition of Marathon Oil. This development is a part of the FTC’s antitrust review procedures and could potentially delay the closing of the transaction. In May,
Trio Petroleum Appoints Robin Ross as Chief Executive Officer
July 16, 2024
Trio Petroleum has appointed Robin Ross as its new chief executive officer. Ross recently rejoined the company as the chairman of the board. Ross co-founded Trio and was instrumental in his prior role in bringing the company public and executing
ESG Clean Energy’s Carbon Capture System Achieves 100% Removal from Gas Power Plant Emissions
July 15, 2024
ESG Clean Energy said its carbon capture system has achieved capturing 100 percent of the CO₂ from a combustion exhaust stream, making it possible for any internal combustion engine — big or small — to have no carbon dioxide emissions.
University of Texas at Austin Make Significant Leap in Carbon Capture and Storage Technology
July 15, 2024
A new way to store carbon captured from the atmosphere developed by researchers at The University of Texas at Austin works much faster than current methods without the harmful chemical accelerants they require. In new research published in ACS Sustainable
Elevation Midstream and ARB Midstream Subsidiary Merge to Create DJ Basin Midstream Company
July 12, 2024
Elevation Midstream said it will merge with ARB Midstream subsidiary, Platte River Holdings. The combination positions Elevation for further growth in the Denver-Julesburg Basin with its increased scale and connectivity, three product service offering, broader customer relationships, and strong balance
Alaska Sues Feds to Recover Billions in Lost Revenues from Canceled Federal Oil and Gas Leases
July 12, 2024
The State of Alaska filed suit in the United States Court of Federal Claims seeking to recover lost revenues from nine canceled federal oil and gas leases covering lands on the Arctic National Wildlife Refuge’s Coastal Plain. This suit continues
Viasat Launches Communications Service for Remote Oil and Gas Customers
July 12, 2024
Viasat said its energy services division has launched a purpose-built managed communications service for remote oil and gas customers that significantly expands the capacity and capabilities of its industry leading enterprise-grade connectivity service. “Serving customers exceptionally well is our North
Intelligent Wellhead Systems and ProFrac Complete Field Tests for Wellsite Data Transfer
July 12, 2024
Intelligent Wellhead Systems, along with ProFrac, has completed first successful field tests utilizing MQTT (message queuing telemetry transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working with an operator in the
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