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BP Makes Oil Discovery at Puma West Prospect, Offshore Louisiana
April 14, 2021
BP and its partners have made an oil discovery at the Puma West prospect on the Green Canyon Block 821 in the deepwater US Gulf of Mexico. Located in in 4,108ft of water depth, the Puma West well was drilled
Alaska Gasline Development Corp. Seeks to Build Natural Gas Pipeline from North Slope to Fairbanks
April 14, 2021
Alaska wants to start on the first phase of the state’s liquefied natural gas (LNG) export plant and pipeline project by working with a private firm seeking to build a natural gas pipeline from the North Slope to Fairbanks. The
U.S. Energy-related CO2 Emissions Declined By 11% in 2020
April 14, 2021
Based on data in EIA’s Monthly Energy Review, energy-related carbon dioxide (CO2) emissions decreased by 11 percent in the United States in 2020 primarily because of the effects of the COVID-19 pandemic and related restrictions. U.S. energy-related CO2 emissions fell
LM Energy Launches Open Season for Extension of its Touchdown Crude Oil Gathering System
April 13, 2021
LM Touchdown Crude III, a subsidiary of LM Energy Holdings, has launched a binding open season to obtain commitments to support the continued growth of its Touchdown Crude Oil Gathering System in the Northern Delaware Basin. The proposed extension of
Wabash Valley Resources Selects Honeywell for Carbon Capture and Storage Project
April 13, 2021
Wabash Valley Resources has selected a range of Honeywell UOP technologies to capture and sequester up to 1.65 million tons of carbon dioxide (CO2) annually and to produce clean hydrogen energy from a repurposed gasification plant in West Terre Haute,
Biden Tax Plan Replaces U.S. Fossil Fuel Subsidies with Clean Energy Incentives
April 13, 2021
U.S. Treasury Secretary Janet Yellen on Wednesday released details of a tax hike proposal that would replace subsidies for fossil fuel companies with incentives for production of clean energy in President Joe Biden’s infrastructure plan. Linked to the $2.3 trillion
Phillips 66 Partners Cancels Rockies, Bakken Oil Pipeline Project
April 13, 2021
Phillips 66 Partners is officially pulling out of the long-deferred Liberty Pipeline project that was designed to move 350,000 b/d of crude oil from the Rockies and Bakken Shale to the benchmark Cushing, Oklahoma, hub, the company said. The Phillips
DOE Launches $35 Million Funding Opportunity for Technologies to Reduce Methane Emissions
April 12, 2021
The U.S. Department of Energy (DOE) announced up to $35 million for a new Advanced Research Projects Agency-Energy (ARPA-E) program focused on developing technologies to reduce methane emissions in the oil, gas, and coal industries. This funding opportunity will support
EIG Signs $12.4 Billion Infrastructure Deal with Aramco
April 12, 2021
EIG has entered into a lease and lease-back agreement with Saudi Arabian Oil Co. (Aramco), under which a consortium of investors led by EIG will acquire a 49 percent equity stake in Aramco Oil Pipelines Company, a newly formed entity
Army Corps Lets Energy Transfer’s Dakota Access Pipeline Stay Open During Review
April 12, 2021
The Army Corps of Engineers on Friday said it will allow Energy Transfer’s Dakota Access oil pipeline to keep running during an environmental review, a blow to activists who wanted the line shut after a key environmental permit was scrapped
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