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PennEast Aims to Complete First Phase of Natgas Pipe in 2022, Despite Right-of-way Delay
August 13, 2021
PennEast Pipeline said on Thursday it still expects to complete the first phase of its $1.2 billion natural gas pipe in Pennsylvania in 2022 even though it put off acquiring rights of way for the project due to legal and
McDermott’s CB&I Storage Solutions Completes Design for World’s Largest Liquid Hydrogen Sphere
August 13, 2021
McDermott International said its CB&I Storage Solutions business has completed the design of a 40,000 cubic meter liquid hydrogen sphere as part of a study awarded by a leading natural gas producer earlier this year. “Viable storage solutions play a
ExxonMobil Reportedly Seeking Bids for U.S. Shale Gas Assets
August 12, 2021
ExxonMobil has reportedly commenced the sale of its U.S. shale gas assets, as part of its divestiture program to raise $15 billion by December this year. The company’s XTO Energy shale unit is looking to sell nearly 5,000 natural gas
Shell Makes Oil Discovery at Leopard Prospect, Gulf of Mexico
August 11, 2021
Royal Dutch Shell said that its subsidiary Shell Offshore has made an oil discovery in the deep-water U.S. Gulf of Mexico (GoM) through the drilling of the Leopard well. The exploratory well intersected an oil pay of more than 183m
Mountain Valley Pipeline Outlines Plan to Offset Carbon Impacts
August 11, 2021
Mountain Valley Pipeline released plans that would make it one of the first interstate natural gas transmission pipelines to acquire carbon offsets for its operational emissions. Spanning approximately 303 miles across West Virginia and Virginia, Mountain Valley Pipeline (MVP) was
Pipeline Plastics Promotes Mike Leathers to Chief Executive Officer
August 10, 2021
Pipeline Plastics board of directors have promoted Mike Leathers to chief executive officer. Mike Leathers, who has been serving as the president and chief operating pfficer of Pipeline Plastics, will continue to champion Pipeline Plastics’ role within the industry as
Office of Fossil Energy Adds Carbon Management to Its Name
August 10, 2021
The Office of Fossil Energy officially added “Carbon Management” to its name as of July 4, 2021. This change signifies that our vision has changed: The Biden-Harris Administration recognizes that to meet our climate goals, we have to manage the
Tallgrass Energy Acquires 75 Percent Membership Interest in Escalante H2 Power
August 10, 2021
Tallgrass Energy has closed on the purchase of a 75 percent membership interest in Escalante H2 Power (EH2 Power). EH2 Power is developing a first-of-its-kind hydrogen-to-power project at Tri-State Generation and Transmission Association’s Escalante Generating Station near Prewitt, New Mexico,
Northern Oil and Gas to Acquire Permian Basin Assets for $102.2 Million
August 6, 2021
Northern Oil and Gas has entered into three definitive agreements to acquire non-operated interests across approximately 2,900 net acres located in the heart of Reeves County, Texas and Lea and Eddy Counties, New Mexico for a combined purchase price of
Equitrans Delays Building Mountain Valley Natural Gas Pipeline to 2022
August 6, 2021
U.S. pipeline company Equitrans Midstream said on Tuesday the venture building the Mountain Valley natural gas pipeline from West Virginia to Virginia delayed its startup to the summer of 2022 and boosted its estimated cost to $6.2 billion. Earlier, the
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