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IOG Resources Acquires Seneca Resources’ Producing Gas Assets in Appalachia
November 28, 2022
IOG Resources II has acquired producing gas assets in Appalachia operated by Seneca Resources, an affiliate of National Fuel Gas. The assets consist of non-operated wellbores primarily located in Clearfield, Elk, and McKean counties, Pennsylvania with current net production of
New Fortress Energy Finalizes Agreements with Pemex to Develop Lakach Offshore Gas Field
November 28, 2022
New Fortress Energy (NFE) has finalized its agreements with Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, to develop and operate an integrated upstream and natural gas liquefaction project off the coast of Veracruz in Southeastern Mexico. The agreements comprise a
Mozambican President Nyusi Inaugurates $8 Billion Coral South FLNG Project
November 28, 2022
Eni said that Mozambican President Filipe Jacinto Nyusi has inaugurated the company and its partners’ $8 billion Coral South floating LNG (FLNG) project in the ultra-deep waters of the East African country’s part of the Rovuma Basin. The inauguration, which
Equinor and Partners to Invest $1.44 Billion in Irpa Gas Field to Boost Exports to Europe
November 28, 2022
Norway’s energy giant Equinor will invest the equivalent of $1.44 billion with its partners to develop the Irpa gas field north of the Arctic circle in the Norwegian Sea and export the gas to Europe. Equinor and its partners Petoro,
Occidental Brings Drilling Rig Back to Colorado After Oil Well Permitting Picks Up
November 23, 2022
Colorado’s biggest oil producer brought a drilling rig back to the Denver-Julesburg Basin, reversing its decision to its cut its well development in half this year due to slow state permitting. Houston-based Occidental Petroleum recently added a second drilling rig
KKR Plans to Divest Canadian Oil and Gas Producer Westbrick
November 23, 2022
KKR, a private equity firm and the majority owner of the Canadian oil and gas producer Westbrick Energy, is reportedly planning to sell Westbrick in a potential transaction valued at between C$1.5 billion ($1.13 billion) and C$2 billion ($1.5 billion).
DOE Launches $13 Billion Funding Opp to Modernize and Expand America’s Power Grid
November 23, 2022
U.S. Department of Energy (DOE) announced $13 billion in new financing opportunities for the expansion and modernization of the nation’s electric grid. Funded by the President’s Bipartisan Infrastructure Law, the Grid Resilience Innovative Partnership (GRIP) program and the Transmission Facilitation
State Representative Landgraf Files New House Bill, Texas Energy Independence Act
November 23, 2022
State Representative Brooks Landgraf (R-Odessa) filed House Bill 33 to stall the implementation of any new federal regulations on oil or natural gas production in Texas. HB 33, nicknamed the “Texas Energy Independence Act,” is the first of several pieces
Summit Carbon Solutions Partners with South Dakota Landowners to Achieve Major Project Milestone
November 23, 2022
Summit Carbon Solutions reached another major project milestone as the company has now secured easement agreements for more than 50 percent of the proposed pipeline route in South Dakota. Partnering with 400 landowners across South Dakota to sign 650 easement
Commonwealth LNG Receives Key FERC Approval for Its LNG Export Terminal, Louisiana
November 22, 2022
Houston-based Commonwealth LNG received a key federal approval for the liquefied natural gas export terminal it plans to build in Louisiana. The Federal Energy Regulatory Commission authorized the Commonwealth LNG project during FERC’s open meeting Nov. 17. Commonwealth LNG plans
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