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EPA Releases Framework for Implementation of $27 Billion Greenhouse Gas Reduction Fund
April 24, 2023
The U.S. Environmental Protection Agency (EPA) released new details about the design of the $27 billion Greenhouse Gas Reduction Fund (GGRF), a first-of-its-kind, national-scale competitive grant program created by the Inflation Reduction Act. This program, part of the Investing in
West Virginia Hydrogen Hub Project Submits Federal Application
April 24, 2023
A coalition of natural gas and clean energy companies have taken the next steps in their plan to secure federal backing for a hydrogen hub project. Members of the West Virginia Hydrogen Hub Coalition including U.S. Sens. Joe Manchin, Shelley
Venture Global Raises Roof on Second Storage Tank at Plaquemines LNG Export Facility, Louisiana
April 21, 2023
Venture Global LNG has successfully raised the roof of the second LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. This major project milestone was completed ahead of schedule and comes just seven weeks after the
EPA Agrees to Reconsider Oil and Gas Emission ‘Loopholes’
April 21, 2023
The U.S. Environmental Protection Agency has agreed to strengthen pollution regulations for certain oil and gas facilities and equipment after environmental groups complained the standards hadn’t been updated in more than a decade. In a consent decree approved on Monday
Institutional Investors Group on Climate Change Publishes Net Zero Standard for Oil & Gas
April 21, 2023
Institutional Investors Group on Climate Change (IIGCC) has published a Net Zero Standard for Oil & Gas, a new framework for investors to assess alignment of oil and gas companies’ transition plans with a 1.5 degree C climate scenario. The
Chemours, TC Energy Sign MOU for Development of Two Clean Hydrogen Production Facilities, W.Va.
April 21, 2023
The Chemours Company and TC Energy have executed a memorandum of understanding (MOU) for the potential development of two electrolysis-based hydrogen production facilities at or near Chemours’ Washington Works and Belle manufacturing sites in West Virginia. The MOU supports the
Tellurian Plans $1 Billion Sale-Leaseback of Property for Flagship Driftwood LNG Project
April 20, 2023
Tellurian, a Houston-based liquefied natural gas company, plans to sell the land for its proposed Driftwood LNG terminal in Louisiana for $1 billion and lease it back. On April 4, the Houston company entered into a binding letter of intent
House Republicans Slam Secretary Haaland in Tense Hearing
April 20, 2023
Interior Secretary Deb Haaland’s appearance before the House Natural Resources Committee Wednesday morning was her toughest hearing yet this year, with Republicans eager to question her about the Biden administration’s energy agenda. Questioning got so heated at one point that
Department of State, USAID Launch Call for Concept Proposals for Blended Finance Energy Transition
April 20, 2023
The Department of State, in partnership with USAID, has launched the Blended Finance for the Energy Transition (BFET) program by issuing an initial request for concept proposals for private sector-led blended finance structures. Reducing greenhouse gas emissions while addressing growing
Permian in Spotlight as Energy Dealmaking Gathers Steam
April 20, 2023
Companies with a focus on the oil-rich Permian basin are likely to be at the center of the next wave of consolidation in the U.S. energy sector as favorable oil prices prompt cash-rich drillers to tap into the largest source
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