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Canada Won’t Back Call at COP27 to ‘Phase Down’ Oil and Gas Production
November 22, 2022
Canada won’t agree to add language calling for the phaseout of all fossil fuels — including oil and gas — to the final agreement at this year’s United Nations climate talks in Egypt, Environment Minister Steven Guilbeault said Thursday. The
TXOGA Lone Star Energy Forum Showcases Technology, Innovation, Leadership
November 22, 2022
The Texas Oil & Gas Association’s (TXOGA) Lone Star Energy Forum in The Woodlands showcased innovation and the state, national and global leadership of the Texas oil and natural gas industry. “Modern oil and natural gas companies are actually technology
U.S. Drillers Add Oil and Gas Rigs for Third Week in a Row
November 21, 2022
U.S. energy firms last week added oil and natural gas rigs for a third week in a row as relatively high oil prices encourage companies to drill more. The oil and gas rig count, an early indicator of future output,
CNX Fined $200K for Natural Gas-Related Spills in Greene County, Pennsylvania
November 21, 2022
The Pennsylvania Department of Environmental Protection has fined the natural gas drilling company CNX for spilling natural gas production fluids at well sites in Greene County. The spills took place between 2019 and 2021, all in Richhill Township. The largest
White House Asks Congress for $500 Million to Modernize Strategic Petroleum Reserve
November 18, 2022
The White House is asking Congress for $500 million in funds to modernize the U.S. Strategic Petroleum Reserve, nine months after President Joe Biden ordered the sale of 180 million barrels of oil from the reserve, sending levels plummeting to
Chevron to Acquire Full Ownership of Beyond6 CNG Fueling Network
November 18, 2022
Chevron U.S.A., a subsidiary of Chevron Corporation has signed a definitive agreement to acquire full ownership of Beyond6 and its network of 55 compressed natural gas (CNG) stations across the United States from Chevron’s current B6 co-owners, a subsidiary of
Keystone Oil Pipeline Issues Resolved After Bad Weather Caused Volume Cuts
November 18, 2022
The weather issues that prompted TC Energy to declare force majeure on Keystone oil pipeline deliveries this week have been resolved, the company said on Wednesday. Calgary-based TC said on Tuesday it was curtailing volumes on the 622,000-barrel-per-day (bpd) pipeline
DOE Launches $350 Million Funding Opp for Long-Duration Energy Storage Demonstration Projects
November 17, 2022
The U.S. Department of Energy (DOE), announced nearly $350 million for emerging Long-Duration Energy Storage (LDES) demonstration projects capable of delivering electricity for 10 to 24 hours or longer to support a low-cost, reliable, carbon-free electric grid. Funded in part
Encap Sells Jupiter Power to Blackrock
November 16, 2022
EnCap Investments said BlackRock Alternatives (BlackRock), through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power, a leading U.S. operator and developer of stand-alone, utility-scale battery energy storage systems. EnCap Energy Transition Fund I (EETF
Mountain Valley Pipeline Halts Legal Effort to Acquire Land for North Carolina Extension
November 16, 2022
Developers of a proposed pipeline extension that would bring natural gas to North Carolina have withdrawn legal proceedings to acquire land for the project. But the Mountain Valley Pipeline (MVP) said it’s not abandoning the $468 million project. In a
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