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EPA Issues Final Rule to Reduce Methane from Oil and Natural Gas Operations
December 5, 2023
The U.S. Environmental Protection Agency (EPA) released a final rule that will sharply reduce methane and other harmful air pollutants from the oil and natural gas industry, including from hundreds of thousands of existing sources nationwide, promote the use of
Technip Energies, John Cockerill Group Form New Company to Decarbonize Hard-to-abate Industries
December 5, 2023
Technip Energies, a world-leading engineering and technology company for the energy transition, and John Cockerill Group, a major designer and manufacturer of large-scale technological solutions and leader in pressurized alkaline electrolyzers, have formed a new company — Rely. Technip Energies
U.S. Drillers Add Oil and Gas Rigs for Third Week in a Row
December 4, 2023
U.S. energy firms last week added oil and natural gas rigs for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator
DOE Finalizes Contracts for Solicitation of Crude Oil for the Strategic Petroleum Reserve
December 4, 2023
Following the finalization of contracts for the most recent solicitation of crude oil for the Strategic Petroleum Reserve (SPR), the U.S. Department of Energy confirms that more than 12 million barrels have been delivered or secured for purchase or return
DOE Launches $40M Funding Opp to Advance Commercial-scale Carbon Capture, Transport, and Storage
December 4, 2023
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) is allocating up to $40 million in federal funding for projects that will help advance commercial-scale carbon capture, transport, and storage across the United States to
50 Oil and Gas Companies Pledge to Cut Operational Emissions at UN’s COP28 Climate Talks
December 4, 2023
Fifty oil and gas companies representing 40 percent of global production pledged to decarbonize their operations by 2050 at the UN’s COP28 climate talks in Dubai on Saturday. Saudi giant Aramco and ADNOC of the United Arab Emirates were among
Cheniere Signs Long-Term Integrated Production Marketing Agreement with ARC Resources
December 1, 2023
Cheniere Energy and Cheniere Energy Partners said the Sabine Pass Liquefaction Stage V (SPL) has entered into a long-term integrated production marketing (IPM) gas supply agreement with ARC Resources U.S. Corp., a subsidiary of ARC Resources Ltd., a leading natural
TEAM, Inc. Names Michael Caliel as Executive Chairman
December 1, 2023
TEAM, Inc. has named Michael Caliel to the newly-created position of executive chairman. Caliel has served as TEAM’s non-executive chairman since March 21, 2022. As executive chairman, Caliel will focus on TEAM’s long-term corporate strategy development, including growth opportunities, profit
Suncor Energy Restarts Production at Terra Nova Oil Field, Canada
November 30, 2023
Suncor Energy has safely restarted the Terra Nova floating, production, storage and offloading vessel following the completion of the Terra Nova asset life extension project. Production is expected to ramp up over the coming months. “Focusing on safety and operational
BLM Oil and Gas Lease Sale in Wyoming Nets $3.4 Million
November 30, 2023
The Bureau of Land Management Wyoming State Office conducted a competitive oil and gas lease sale offering 37 parcels covering 35,353.86 acres in Wyoming. In total, 18 parcels covering 21,494.95 acres sold for $3,405,179.00. The environmental assessment, maps, parcel lists,
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