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Senators Tuberville and Cruz Introduce Legislation to Repeal Biden’s Natural Gas Tax
June 5, 2024
U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Ted Cruz (R-TX) in introducing legislation to repeal the natural gas tax included in the Biden administration’s Inflation Reduction Act. New fees or taxes on energy companies will raise costs for customers,
TotalEnergies Makes FID on Second Development Phase of Atapu and Sépia Fields, Offshore Brazil
June 5, 2024
TotalEnergies, together with the operator Petrobras and their partners in the Atapu and Sépia consortiums, have taken the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore
Woodside Appoints Tony O’Neill to the Board of Directors
June 5, 2024
The Woodside board said it has appointed Anthony (Tony) O’Neill as a nonexecutive director. “We continually review our board composition to ensure that Woodside’s board is best placed to support Woodside’s global operations and strategic growth opportunities. Tony O’Neill has
Aethon Energy to Acquire Tellurian’s Integrated Upstream Assets for $260 Million
June 4, 2024
Tellurian and Aethon Energy Management have entered into an agreement where Aethon will acquire Tellurian’s integrated upstream assets for $260 million, alongside a heads of agreement for Aethon to purchase two million tons per annum (mtpa) of liquified natural gas
ProPetro Acquires Innovative Wet Sand Solutions Provider Aqua Prop for $35.6 Million
June 4, 2024
ProPetro has acquired Aqua Prop, an innovative provider of cost-effective wet sand solutions. The all cash acquisition, initially valued at $35.6 million, net of working capital, advances ProPetro’s commitment to delivering more integrated and industrial solutions. “The acquisition of Aqua
Biden Environmental Agenda Under Fire for Increasing Costs for Americans
June 4, 2024
The Biden administration’s energy policies are increasingly costly for Americans, a newly released report says. U.S. House Oversight Committee Chair Rep. James Comer, R-Ky., released the report, which argues Biden’s energy policies have increased costs for Americans and hurt the
Enverus Promotes Manuj Nikhanj to CEO
June 4, 2024
Enverus has promoted Manuj Nikhanj to the position of CEO, effective July 1, 2024. Nikhanj, who currently serves as Enverus’ president, will succeed Jeff Hughes, who will continue to support the company in the role of executive chairman. “With global
Oceaneering Conducts Freedom™ AUV Pipeline Inspection Pilot for TotalEnergies
June 4, 2024
TotalEnergies and Oceaneering International said the Freedom™ Autonomous Underwater Vehicle (AUV) has completed a pipeline inspection industrial pilot, demonstrating its capabilities for sustainable commercial pipeline inspection missions. “TotalEnergies specifically designed the project to place challenging demands on Freedom™ to not
Woodside Energy Secures $1 Billion Loan from JBIC to Advance Its Scarborough LNG Project, Australia
June 3, 2024
Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC). The loan agreement, executed in Tokyo between Woodside CEO Meg O’Neill and JBIC Deputy Governor Kazuhiko Amakawa, will fund Woodside’s Scarborough Energy Project. The
Chord Closes $4 Billion Acquisition of Enerplus
June 3, 2024
Chord Energy and Enerplus have completed their business combination. The arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King’s Bench of Alberta on
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