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Shell Signs Agreement to Acquire Pavilion Energy
June 25, 2024
Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100 percent of the shares in Pavilion Energy. Pavilion Energy includes a global liquefied natural gas (LNG) trading business with a contracted supply volume
Heirloom to Build Two Direct Air Capture Facilities in Northwest Louisiana
June 25, 2024
Direct air capture (DAC) provider Heirloom said it will make an unprecedented investment in Louisiana that will bring two DAC facilities, with a combined ability to remove nearly 320,000 tonnes of carbon dioxide (CO₂) per year, to the northwestern part
Energy Capital & Power Appoints James Chester as Chief Executive Officer
June 25, 2024
Energy Capital & Power (ECP) has appointed James Chester as CEO. As co-founder and senior director at ECP, James Chester holds varied and dynamic experience in events, strategic communications, custom publishing, and investment promotion activities across Africa’s fastest-growing markets. Chester
Axis Energy Services Deploys Fully Electric Well Service Rig EPIC RIG™
June 25, 2024
Axis Energy Services made its successful deployment of the oil and gas industry’s first fully electric well service rig on wells operated by Occidental. Axis’ EPIC RIG™ provides improvements in safety and efficiency, as well as the ability to run
Lawmakers File CRA Resolution of Disapproval to Overturn NEPA Phase II Final Rule
June 24, 2024
Senator Joe Manchin (I-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, joined Senator Dan Sullivan (R-AK) and Congressman Garret Graves (R-LA-06) to introduce a bipartisan, bicameral Congressional Review Act (CRA) resolution of disapproval to overturn the National
EPA, DOE Open $850M Funding Applications to Help Monitor, Measure, and Reduce Methane Emissions
June 24, 2024
The U.S. Environmental Protection Agency and the U.S. Department of Energy said applications are open for $850 million in federal funding for projects that will help monitor, measure, quantify, and reduce methane emissions from the oil and gas sectors. This
Ghana Signs $12 Billion Deal to Implement First Phase of Petroleum Hub Project
June 24, 2024
The Ghanaian government has entered into a $12 billion agreement with the TCP-UIC consortium to implement the initial phase of the Petroleum Hub project in Western Africa. The TCP-UIC consortium comprises Touchstone Capital Partners, UIC Energy, China Construction Third Engineering
Capital Power Successfully Repowers Its Genesee Generating Station from Coal to Gas, Canada
June 21, 2024
Capital Power Corporation said its Genesee Generating Station is now 100 percent natural gas-fueled, resulting in the facility being off coal over 5 years ahead of the Alberta government mandate. As part of the Genesee Repowering project, the facility completed
Latest Phase of Pioneering On Demand Ocean Bottom Node Project Confirmed by Industry Partners
June 21, 2024
Sonardyne said the next phase of the On Demand Ocean Bottom Node (OD OBN) project, involving Shell, Petrobras, and SENAI CIMATEC, has started offshore Brazil, which could result in the development of next generation of geophysical monitoring systems in the
McDermott Awarded ECI Contract for Abraxas Power’s Green Hydrogen and Ammonia Production Facility
June 21, 2024
McDermott has been awarded an early contractor involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project located in Central Newfoundland. The project represents Canada’s first commercial green hydrogen and ammonia production facility and
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