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Midstream Companies Launch Collaboration to Deploy Advanced Monitoring Technologies, Protocols
April 21, 2022
Cheniere Energy has launched a collaboration with natural gas midstream companies, methane detection technology providers, and leading academic institutions to implement quantification, monitoring, reporting and verification (QMRV) of greenhouse gas (GHG) emissions at natural gas gathering, processing, transmission, and storage
Earthstone Closes on Bighorn Permian Resources’ Midland Basin Assets
April 21, 2022
Earthstone Energy has closed the acquisition of assets of privately held Bighorn Permian Resources in the Midland Basin. The company also closed on a $550 million private offering of senior unsecured notes, a $280 million private placement of equity (PIPE),
ConocoPhillips Challenges Permit for Santos’ Alaska Oil Project
April 21, 2022
ConocoPhillips is challenging a land use permit issued by the state of Alaska that may block the development of Santos’ $3 billion Pikka project, the biggest new oil project on Alaskan land in decades. The appeal marks the latest move
Cheniere Energy Exec Says Surging U.S. Natgas Prices Will Spur Production
April 21, 2022
Top U.S. liquefied natural gas producer Cheniere Energy on Thursday said surging U.S. natural gas prices reflect past underinvestment followed by “a demand shock” as Europe seeks to wean itself from Russian gas, and that high prices will spur more
Interior Department Reforms Onshore Oil and Gas Lease Sales
April 20, 2022
In compliance with an injunction from the Western District of Louisiana, the Department of the Interior is taking action that reflects the balanced approach to energy development and management of our nation’s public lands called for in the agency’s November
BLM Prioritizes Protecting Montana’s Pronghorn when Determining New Oil, Gas Leases
April 20, 2022
Companies are set to bid on eight parcels of Montana’s public lands as part of an oil and gas lease auction scheduled for June. In Montana, the Bureau of Land Management put up parcels for bid in Fallon, Powder River,
CNOOC Weighs Exiting Operations from U.S., UK, and Canada
April 20, 2022
China National Offshore Oil Corp. (CNOOC) is planning to exit its operations from Canada, UK, and U.S. over concerns of possible sanctions on its assets. The state-owned oil and gas producer is looking at divesting “marginal and hard to manage”
Southwest Gas Board to Explore Sale and Other Strategic Alternatives
April 19, 2022
Southwest Gas said that its board of directors has authorized exploring a range of strategic alternatives for the company, including a sale, with an aim to maximize stockholder value. The move comes after the U.S.-based gas utility received an indication
EPA Publishes Its 29th Annual U.S. Greenhouse Gas Inventory Report
April 19, 2022
The U.S. Environmental Protection Agency (EPA) released its 29th annual Inventory of U.S. Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2020. Net U.S. greenhouse gas emissions were 5,222.4 million
Dr. Joseph DeCarolis Joins EIA as New Administrator
April 19, 2022
Dr. Joseph DeCarolis entered service last week as the 10th Administrator of the U.S. Energy Information Administration (EIA). DeCarolis will be responsible for directing the U.S. government’s primary energy statistical and analytical agency. “I’m delighted to have Joe on board
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