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DOE to Invest Up to $165 Million to Advance Geothermal Energy from Oil and Gas Initiative
August 3, 2022
The U.S. Department of Energy (DOE) announced up to $165 million to expand U.S. geothermal energy deployment. The Geothermal Energy from Oil and Gas Demonstrated Engineering (GEODE) initiative will provide $10 million to form a consortium of experts to develop
Pacific Energy and Enbridge Enter $1.5 Billion Partnership in Woodfibre LNG, Canada
August 2, 2022
Pacific Energy Corporation and Enbridge have agreed to jointly invest in the construction and operation of the Woodfibre LNG project. Woodfibre LNG is a 2.1 million-tonne-per-year liquefied natural gas (LNG) export facility with 250,000M3 of floating storage capacity being built
LLOG Exploration Achieves First Production at Spruance Field, Deepwater Gulf of Mexico
August 1, 2022
LLOG Exploration Company recently commenced production from its LLOG-operated Spruance Field which is located in Ewing Bank (EW) Blocks 877 and 921. The two-well subsea development is producing, in combination, approximately 16,000 barrels of oil per day and 13 million
Sembcorp Marine Delivers World’s First Eighth-Generation Drillship
August 1, 2022
Sembcorp Marine, together with its subsidiaries, has successfully completed the delivery of the world’s first eighth-generation drillship, the Deepwater Atlas, for Transocean’s subsidiary Triton Atlas GmBH. The completion of Deepwater Atlas marks a key milestone in Sembcorp Marine’s offshore construction
Cheniere Energy Makes FID on Corpus Christi Stage 3 Liquefaction Project, Texas
August 1, 2022
Cheniere Energy said its board of directors has made a positive financial investment decision (FID) with respect to the 10+ million tonnes per annum of LNG Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3) and has issued full notice
Diversified Energy to Acquire ConocoPhillips’ Midcon Assets for $240 Million
July 29, 2022
Diversified Energy has entered into a purchase and sale agreement (PSA) to acquire certain upstream assets and related facilities in Oklahoma and Texas, from ConocoPhillips. “I am pleased to announce another strategically-aligned acquisition at a compelling valuation in the company’s
EQT in Talks with LNG Companies on Possible Agreements, CEO Says
July 29, 2022
U.S. energy company EQT Corp’s discussions with liquefied natural gas (LNG) companies are continuing, the CEO of the biggest natural gas producer in the United States told analysts on an earnings call on Thursday. EQT has long advocated that the
White House CEQ Seeking Nominations for New Task Force for CCUS Development
July 29, 2022
The White House Council on Environmental Quality (CEQ) is seeking nominations for two new task forces that will provide input to inform the responsible development of carbon capture, utilization, and sequestration (CCUS). The task forces, which are required by the
Michelin Launches Improved Quarry and Underground Mining Tire with Increased Load Capacity
July 29, 2022
Michelin North America has launched the Michelin® X® Mine D2 Extra Load L5 35/65R33 tire, an improved version of one of its most popular mining tires. The new tire, developed to perform in quarry and underground mining applications, is designed
NextDecade Signs 20-Year LNG Supply Contract with ExxonMobil
July 28, 2022
NextDecade Corporation has executed a 20-year sale and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project (RGLNG) in Brownsville, Texas. Under the SPA,
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