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Moelis & Company Launches Dedicated Clean Technology Group
September 11, 2023
Moelis & Company, a leading global independent investment bank, has formed its Clean Technology Group and the appointment of Arash Nazhad as a managing director in Houston to co-lead the new group. The firm’s dedicated focus on energy transition and
U.S. Drillers Add Oil Rigs for First Time Since June
September 11, 2023
U.S. energy firms last week increased the number of oil rigs operating for the first time since June, while cutting the natural gas rig count, energy services firm Baker Hughes said in its closely followed report on Friday. The oil
DOI Cancels Oil and Gas Leases in the Arctic National Wildlife Refuge, Alaska
September 8, 2023
The Department of Interior moved to protect the Arctic National Wildlife Refuge (Arctic Refuge) and more than 13 million acres in the National Petroleum Reserve in Alaska (NPR-A). In the Arctic Refuge, Secretary of the Interior Deb Haaland has authorized
DOE Launches $30M Funding Opp to Develop Technologies to Eliminate Flaring at Oil Production Sites
September 8, 2023
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced up to $30 million for the development of advanced technologies to reduce or eliminate the need for natural gas flaring at oil production sites, a
Fidelis New Energy Selects Battelle as Subsurface Contractor for Its Mountaineer GigaSystem
September 8, 2023
Fidelis New Energy has selected Battelle Carbon Services to drill and collect stratigraphic test well data, acquire seismic data, and to submit multiple class VI sequestration permit applications in West Virginia. This program is for the safe and permanent sequestration
Dorchester Minerals Acquires Texas Mineral and Royalty Interests
September 8, 2023
Dorchester Minerals has completed an acquisition of mineral and royalty interests totaling approximately 3,355 gross acres and 568 net royalty acres located in three counties in Texas. The transaction is structured as a non-taxable contribution and exchange. The contributing entities
AltaGas to Acquire Tidewater’s Pipestone Natural Gas Processing Plants, Storage Facility for $650M
September 7, 2023
AltaGas Ltd. has entered into a definitive agreement with Tidewater Midstream and Infrastructure to acquire the Pipestone Natural Gas Processing Plant Phase I and Phase II expansion project, the adjacent Dimsdale Natural Gas Storage Facility, the Pipestone condensate truck-in/truck-out terminal,
Clearfork Midstream Completes Capacity Increase at Its Holly System, Louisiana
September 7, 2023
Haynesville gas gathering and treating provider Clearfork Midstream has completed the transformative gathering, treating, and compression expansions across its Holly System in North Louisiana. These expansions represent a system-wide capacity increase of approximately 65 percent since Clearfork’s acquisition of the
Crusoe Energy to Deploy Its Digital Flare Mitigation Technology at XCL Resources Unita Basin
September 7, 2023
Crusoe Energy Systems entered into a new collaboration with XCL Resources to deploy Crusoe’s patented Digital Flare Mitigation® (DFM) technology to XCL in Utah’s Uinta Basin. Crusoe’s DFM systems are deployed directly to oil fields to convert excess natural gas
Enbridge to Acquire Three Gas Utilities from Dominion Energy for $14 Billion
September 6, 2023
Enbridge has entered into three separate definitive agreements with Dominion Energy to acquire EOG, Questar, and PSNC for an aggregate purchase price of $14 billion. Upon the closings of the three transactions, Enbridge will add gas utility operations in Ohio,
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