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U.S. Oil and Gas Rigs Fall in Q1, First Quarterly Drop Since 2020
April 3, 2023
U.S. energy firms last week cut the number of oil and natural gas rigs, with the quarterly count dropping for the first time since 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday. The
Republican Energy Package, Including Stauber’s Mine Permit Reform Bill, Passes House
March 31, 2023
The Republican energy package, which includes U.S. Rep. Pete Stauber’s mine permitting reform bill, was approved by the U.S. House of Representatives on Thursday. H.R. 1, called the Lower Energy Costs Act, passed the House with a 224-204 vote. Four
Diamondback Energy Joins Oil and Gas Methane Partnership 2.0
March 31, 2023
Diamondback Energy has joined the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the United Nations Environment Program’s flagship oil and gas reporting and mitigation program. “Diamondback is proud to join OGMP 2.0 and apply its emission reporting framework to
Nevada Approves NV Energy’s $333 Million Natural Gas Plant
March 30, 2023
Nevada’s largest electricity provider has been approved for a $333 million project to develop a natural gas plant north of Las Vegas, as extreme drought conditions put mounting pressure on the region’s power grid. Nevada’s Public Utilities Commission approved the
West Virginia University Hosts Panel on Methane Mitigation
March 30, 2023
West Virginia University’s Energy Institute hosted a panel discussion Thursday, The Other Greenhouse Gas and Why It Matters to West Virginia, featuring a researcher, policy maker, nonprofit leader and other subject-matter experts. The discussion was aimed at helping inform an
African Development Banks Invest $16 Billion in Oil and Gas Projects
March 30, 2023
The African Export-Import Bank (Afreximbank) and the African Finance Corporation (AFC) have invested about $16 billion in oil and gas projects across Africa. Of the total investment, $15 billion came from Afreximbank, while AFC invested over $800 million and an
Energy Group Asks Republicans to Investigate Interior Secretary Over Ethics Violations
March 30, 2023
A large energy industry group is asking Republican leaders to investigate Interior Secretary Deb Haaland over apparent ethics violations related to her daughter’s activism. Western Energy Alliance President Kathleen Sgamma asked House Natural Resources Chairman Bruce Westerman, R-Ark., in a
Energy Transfer to Acquire Lotus Midstream for $1.45 Billion
March 29, 2023
Energy Transfer and Lotus Midstream have entered into a definitive agreement to which Energy Transfer will acquire Lotus Midstream operations in a transaction valued at approximately $1.45 billion from an affiliate of EnCap Flatrock Midstream (EFM). Consideration for the transaction
Army Corps Extends Environmental Review of Enbridge’s Proposed Great Lakes Oil Pipeline Tunnel
March 29, 2023
Canadian pipeline giant Enbridge has been dealt another setback on its Line 5 replacement project in Michigan. The company said Thursday it was “disappointed” by news that the timeline of a U.S. federal review of Enbridge’s proposed $500-million Great Lakes
White House Vows to Veto House GOP Energy Bill
March 29, 2023
U.S. President Joe Biden would veto a Republican energy legislation package if it were to pass Congress, citing cost increases that the legislation could lead to, the White House said on Monday. “H.R. 1 (Lower Energy Costs Act) would double
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