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Laredo Petroleum Acquires Pioneer’s Midland Basin Acreage for $230 Million
October 20, 2021
Laredo Petroleum has signed a purchase and sale agreement to acquire approximately 20,000 net acres in western Glasscock County from Pioneer Natural Resources Company for approximately $230 million, subject to customary closing price adjustments. This is Laredo’s second significant acquisition
Democrats Battle Over Climate Change Plans in $3.5 Trillion Bill
October 20, 2021
Negotiators of a U.S. bill to invest up to $3.5 trillion to expand social programs and attack climate change gave hints of progress on Monday, but some Democrats were resigned to the increasing likelihood that a proposal to reduce carbon
Pembina Pipeline Commits to GHG Reduction Target, Releases Annual Sustainability Update
October 20, 2021
Pembina Pipeline Corporation announced its commitment to reduce the company’s greenhouse gas (GHG) emissions intensity by 30 percent by 2030, relative to baseline 2019 emissions. The GHG reduction target will help guide business decisions and improve overall emissions intensity performance
Mustang Extreme Environmental Services Acquires RW Products
October 19, 2021
Mustang Extreme Environmental Services has acquired the assets of RW Products. “We’re delighted to further expand our support for the key American oil and gas industry with the acquisition of RW Products. Adding the RW Products team and resources to
TechnipFMC and Talos Energy Enter Strategic Alliance to Provide Carbon Capture and Storage
October 19, 2021
TechnipFMC and Talos Energy have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and
Intelligent Wellhead Systems Appoints William Standifird as CEO, Gary Cresswell as Chairman
October 19, 2021
Intelligent Wellhead Systems Inc. (IWS) has appointed William Standifird as chef executive officer. Gary Cresswell, a current non-executive director, will become independent non-executive chairman of the board. William Standifird’s 24-year international career includes operational and leadership positions in drilling, completions,
Diamondback’s Subsidiary Rattler Midstream Acquires Midland Basin Gas Gathering & Processing JV
October 18, 2021
Rattler Midstream, a subsidiary of Diamondback Energy, and a private affiliate of an investment fund, completed an acquisition of a majority interest in a Midland Basin gas gathering and processing company from West Texas Gas, Inc. and its affiliates through
US Drillers Add Oil Rigs in Biggest Weekly Build Since April
October 18, 2021
U.S. energy firms this week added oil and natural gas rigs for a sixth week in a row as oil prices soared to their highest since 2014, prompting drillers to return to the wellpad. The oil and gas rig count,
Air Products to Build $4.5 Billion Blue Hydrogen Complex, Louisiana
October 18, 2021
Louisiana governor John Bel Edwards and Air Products chairman, president, and chief executive officer Seifi Ghasemi said a $4.5 billion clean energy complex will be built in Louisiana that will make the state a leader in the United States clean
W.Va. Fossil Fuel Leaders Make Industry’s Case During Presentations for State Energy Committee
October 18, 2021
West Virginia coal, oil and gas industry leaders sounded alarms about threats to the state’s fossil fuel industry during presentations Tuesday before state lawmakers on the Joint Standing Energy Committee during the Legislature’s interim session. Gas and Oil Association of
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