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TotalEnergies Acquires Offshore Exploration License, Sao Tome and Principe
June 27, 2024
TotalEnergies has signed an agreement to acquire a 60 percent interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by
SM Energy to Acquire XCL Resources’ Unita Basin Assets for $2.55 Billion
June 27, 2024
SM Energy Company has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources for an unadjusted purchase price of $2.55 billion. XCL is a private company backed by
IER: 225 Ways the Biden Administration and Democrats Have Made it Harder to Produce Oil & Gas
June 27, 2024
President Biden and Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since Mr. Biden took office, his administration and its allies have taken more than 225 actions deliberately designed to make
EPA Publishes Its 2024-2027 Climate Adaptation Plan
June 27, 2024
The U.S. Environmental Protection Agency released its 2024-2027 Climate Adaptation Plan, which describes agency actions to address the impacts of climate change. The plan expands the agency’s efforts to ensure its programs, facilities, workforce and operations are increasingly resilient to
TXO Partners to Acquire Williston Basin Assets for $243 Million
June 26, 2024
TXO Partners has entered into separate purchase agreements with Eagle Mountain Energy Partners and a private company to purchase assets in the Elm Coulee field in Montana and the Russian Creek field in North Dakota for total cash considerations of
Pembina and Haisla Nation Make $4 Billion FID on Cedar LNG Project, Canada
June 26, 2024
The Haisla Nation and Pembina Pipeline have made a positive final investment decision (FID) on the Cedar LNG Project. Cedar is a floating liquefied natural gas (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa), located
Kimmeridge Texas Gas Appoints David Lawler as CEO, Takes Majority Ownership in Commonwealth LNG
June 26, 2024
Asset manager company Kimmeridge said its affiliate, Kimmeridge Texas Gas (KTG), has appointed David Lawler as chief executive officer. Lawler will advance KTG’s efforts to become a fully integrated provider of LNG from well-head to water — providing reliable, secure,
Baker Hughes Achieves New Hydrogen Milestones to Accelerate Transition to Hydrogen Economy
June 26, 2024
Baker Hughes said it has reached several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy. The milestones were announced during the 24th Baker Hughes Annual Meeting held in Florence,
ExxonMobil, Air Liquide Enter Agreement to Advance ExxonMobil’s Baytown Low-carbon Hydrogen Project
June 25, 2024
ExxonMobil and Air Liquide entered into an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide’s existing pipeline network. Additionally, Air Liquide
Mitsui & Co. Completes Acquisition of Texas Asset from Sabana and Vanna
June 25, 2024
Mitsui & Co., through its U.S. based subsidiary Mitsui E&P USA (MEPUSA), has completed the acquisition of an unconventional gas asset in Texas from U.S. oil and gas E&P companies, Sabana, LLC and Vanna, LLC. This asset — Tatonka —
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