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Harvest Midstream to Acuire Phillips 66 Belle Chasse Terminal, Louisiana
January 23, 2023
Phillips 66 is selling a crude oil terminal in Louisiana, which used to be a refinery, to a fellow Houston-based company. Harvest Midstream, an affiliate of Houston-based oil and gas production company Hilcorp Energy Co., has agreed to purchase Phillips
NextDecade’s Rio Grande LNG Project Wins Environmentalists’ Challenge in Appeals Court
January 23, 2023
A U.S. federal appeals court has dismissed environmentalists’ challenge to the Clean Water Act permit issued by the U.S. Army Corps of Engineers to NextDecade’s Rio Grande LNG project and its associated pipeline in south Texas. The 5th U.S. Circuit
NextDecade and Itochu Corp. Execute LNG Sale and Purchase Agreement
January 20, 2023
NextDecade Corporation has executed a 15-year sale and purchase agreement (SPA) with Itochu Corporation for the supply of liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG (RGLNG) export project in Brownsville, Texas. Under the SPA, ITOCHU will purchase 1.0
Canadian Province of B.C. and Blueberry River First Nations Reach Montney Shale Play Deal
January 20, 2023
The Canadian province of British Columbia (B.C.) announced a land, water and resource management agreement with the Blueberry River First Nations Indigenous group on Wednesday that will restart development in the vast Montney shale play, but also limit new oil
FERC Sticks to Market Facts in Approving Transco’s Gas Pipeline Expansion
January 20, 2023
Marcellus Shale gas producers may soon see a new outlet for the region’s plentiful natural gas after the Federal Energy Regulatory Commission (FERC) granted Williams Companies permission to expand the capacity of its Transco pipeline in Pennsylvania and in neighboring
Gas Starts to Flow to Freeport LNG Export Plant, Texas
January 20, 2023
Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data. U.S. LNG exports have been steadily increasing for years and
Chesapeake to Sell Brazos Valley Acreage in Eagle Ford to WildFire Energy for $1.4 Billion
January 19, 2023
Chesapeake Energy Corporation has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy for $1.425 billion. “Today marks an important step on our path to exiting the Eagle Ford as we
Shell USA to Acquire EV Charging Firm Volta for $169 Million
January 19, 2023
Volta Inc. has executed a definitive merger agreement where Shell USA will acquire Volta in an all-cash transaction valued at approximately $169 million. The transaction brings Volta’s powerful dual charging and media network to Shell’s established brand and seeks to
Halliburton Labs Welcomes Three New Companies to Its Energy Tech Accelerator
January 19, 2023
Halliburton Labs has introduced Matrix Sensors, Renew Power Systems (RPSi), and SunGreenH2 as the newest participants in its clean energy accelerator. The move is part of Halliburton Labs’ ambition to advance clean energy innovation. Halliburton Labs helps early-stage companies increase
WhiteHawk Energy to Acquire Haynesville Shale Natural Gas Mineral and Royalty Assets for $105M
January 18, 2023
WhiteHawk Energy has entered into a definitive agreement (Haynesville agreement) to acquire up to $105 million of natural gas mineral and royalty assets primarily located in northwestern Louisiana (Haynesville royalties). The Haynesville royalties are focused in the core of the
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