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UK’s Union Jack Oil to Expand Operations to U.S. Through New Partnership
January 31, 2024
Union Jack Oil said on Monday it will expand its operations to the U.S. through a partnership with Reach Oil & Gas Inc. The Bath-based UK-focused oil and gas company said the collaboration will focus on several “value accretive, exploration,
DOE Issues RFI for Industrial Demonstration and Deployment of Carbon Capture Technologies
January 31, 2024
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has released a request for information (RFI) that seeks input intended to assist DOE in the planning of priorities and initiatives to catalyze the development, demonstration,
Companies Most Affected by U.S. Pause on LNG Export Permits
January 30, 2024
U.S. President Joe Biden’s administration on Friday announced a pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts. Many companies
Canada’s Trans Mountain Oil Pipeline Faces New Delay Due to Technical Issues
January 30, 2024
Canada’s Trans Mountain said on Monday that it had run into technical issues and faces new delays as it tries to complete the final part of expanding its oil export pipeline. The company, which is owned by the Canadian government,
U.S. Drillers Add Oil and Gas Rigs for Second Week in a Row
January 30, 2024
U.S. energy firms last week added oil and natural gas rigs for a second week in a row for the first time since early December, energy services firm Baker Hughes said in its closely followed report. The oil and gas
Restricting LNG Exports Threatens National Security, American Jobs, and Climate Goals
January 30, 2024
The American Petroleum Institute (API) joined the American Exploration and Production Council (AXPC), Center for LNG (CLNG), Independent Petroleum Association of America (IPAA), LNG Allies, and dozens of other industry groups from across the liquefied natural gas (LNG) value chain
GOP Outraged Over Biden Pause of LNG Exports
January 29, 2024
Republicans are lashing out against President Joe Biden after he announced his administration would be pausing approvals of U.S. liquefied natural gas exports, arguing such a move would empower foreign countries such as Russia. Biden announced the pause on Friday,
API Releases Statement on Pause to Approve New LNG Export Facilities
January 29, 2024
The American Petroleum Institute (API) released the following statement from President and CEO Mike Sommers on the Biden administration’s announcement to pause approvals of new LNG export facilities, unnecessarily increasing project wait times at a time of geopolitical turmoil and
Mark Ross to Retire as President of Chevron Shipping Company, Succeeded by Barbara Pickering
January 26, 2024
After 33 years of distinguished service, Mark Ross, president of Chevron Shipping Company, has elected to retire effective May 1, 2024. Barbara Pickering, currently vice president of Operations, Chevron Shipping Company, will succeed Mark as president. Mark Ross has led
Geothermal Energy Technology Company XGS Energy Secures $9.7 Million in New Financing
January 26, 2024
XGS Energy, an innovator in next-generation geothermal energy technology, has raised an additional $9.7 million. The round was led by Constellation Technology Ventures, with BlueScopeX and Thin Line Capital, as well as individual inside investors. This new financing will accelerate
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