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Shell and Equinor Start Production at Vito Deepwater Oilfield, U.S. Gulf of Mexico
February 20, 2023
Shell, through its subsidiary Shell Offshore, and Equinor have commenced production at the Vito deepwater oilfield in the U.S. Gulf of Mexico (GoM), less than five years after making a final investment decision. The deepwater field, which was discovered in
ExxonMobil to Deploy Honeywell’s Carbon Capture Technology at Its Baytown Complex, Texas
February 20, 2023
Honeywell said ExxonMobil will deploy one of Honeywell’s carbon capture technologies — Honeywell’s CO2 Fractionation and Hydrogen Purification System — at its integrated complex in Baytown, Texas. This technology is expected to enable ExxonMobil to capture about 7 million tons
U.S. Oil & Gas Rig Count Falls for Second Time in Three Weeks
February 20, 2023
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas
Plains All American Completes $367M Divestiture of Interest in Keyera Fort Saskatchewan Facility
February 17, 2023
Plains All American, through its wholly owned subsidiary Plains Midstream Canada, has closed the transaction to sell its non-operated ownership interest in the Keyera Fort Saskatchewan facility to Keyera for approximately $367 million. The transaction was completed at an attractive
W.Va. AG Morrisey Sees New EPA Proposed Rule for Oil & Gas Sectors as Job-killing
February 17, 2023
West Virginia Attorney General Patrick Morrisey is again going after the EPA (Environmental Protection Agency) on the agency expanding its regulatory authority. Morrisey joined a coalition with 23 other state attorneys general to send a letter to EPA Administrator Michael
UGI Launches Joint Venture with Archaea Energy to Develop RNG Project, Pennsylvania
February 17, 2023
UGI Energy Services, a subsidiary of UGI Corporation, and Archaea Energy, a subsidiary of bp, have entered into a joint venture, Aurum Renewables, to develop a renewable natural gas project at the Commonwealth Environmental Systems landfill in Hegins, Pennsylvania. Archaea
Sempra Signs MOU with CFE and Carso to Develop Natural Gas Transportation Infrastructure
February 17, 2023
Sempra Infrastructure, a subsidiary of Sempra, Mexico’s Federal Electricity Commission (Comisión Federal de Electricidad, CFE), and Carso Energy, a subsidiary of Grupo Carso, signed a memorandum of understanding (MOU) to advance a potential strategic alliance for the joint development of
Chevron and Fab Foundation Name Recipients for New Fellowship Program that Supports STEM Educators
February 17, 2023
Chevron Corporation and the Fab Foundation have named the first recipients of an all-new fellowship program that supports STEM educators across the world. The Chevron Fab STEM Fellowship was awarded to Nathan Pritchett of Tulsa, Oklahoma and to Pieter Verduijn
Vital Energy to Acquire Driftwood’s Assets for $127.6 Million Plus Common Stock
February 16, 2023
Vital Energy has signed a definitive purchase and sale agreement to acquire the assets of Driftwood Energy Operating, inclusive of all leasehold interests and hedges, in exchange for 1,578,948 shares of Vital common stock and $127.6 million of cash. The
Williams Closes $1.5B Acquisition of MountainWest Natural Gas Transmission and Storage Business
February 16, 2023
Williams has closed its acquisition of MountainWest Pipelines Holding Company from Southwest Gas Holdings, in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion. MountainWest comprises roughly 2,000-miles of
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