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President Trump Declares Energy Emergency Under the National Emergencies Act
January 22, 2025
President Trump has declared an energy emergency, which his team has said would unlock additional powers to jump-start production. Speaking about the declaration from behind the desk of the Oval Office, Trump said “that means you can do whatever you
President Trump Signs Executive Order Walking Back Biden’s Offshore Drilling Ban
January 22, 2025
President Donald Trump has attempted to reverse a ban on future oil and gas drilling in more than 625 million acres of federal water in a sweeping day-one executive order rescinding nearly 80 executive actions issued by former President Joe
Alaska Gasline Development Corporation, Glenfarne to Develop $44 Billion Alaska LNG Project
January 21, 2025
The Alaska state’s Alaska Gasline Development Corporation (AGDC) entered into an exclusive agreement with developer Glenfarne to advance the Alaska LNG project, an AGDC spokesperson said on Friday. The project is estimated to cost $44 billion and will start to
Vermilion Energy to Acquire Canada’s Westbrick Energy for $745 Million
January 21, 2025
Vermilion Energy has entered into an arrangement agreement to acquire Westbrick Energy for total consideration of $745,645,050 million (CAD$1.075 billion) by way of a plan of arrangement under the Business Corporations Act. The acquisition is expected to close in Q1
Chevron Bolsters U.S. Gulf of Mexico Production With Whale Facility Startup
January 21, 2025
Chevron has started oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico. Chevron U.S.A., a wholly owned subsidiary of Chevron, owns 40 percent working interest in Whale, with Shell Offshore owning 60 percent interest as
Howard Energy Partners Acquires Ethylene Pipeline from EPIC Midstream Holdings
January 21, 2025
Howard Energy Partners (HEP) has closed on the purchase of EPIC Midstream Holdings’ ethylene pipeline. The 120-mile, 12-inch, bidirectional pipeline provides critical ethylene transportation, connecting Gulf Coast Growth Venture’s petrochemical complex in Corpus Christi to storage facilities in Markham, Texas.
Exxon Mobil Appoints Imperial’s Sherri Evers to Managerial Role
January 21, 2025
Imperial said Sherri Evers, currently senior vice president, Sustainability, Commercial Development and Product Solutions for Imperial, will become North America Lubes General Manager for ExxonMobil Corporation, effective March 1, 2025. “On behalf of Imperial, I would like to thank Sherri
Interior Department Takes Steps to Protect Subsistence in Western Arctic, Releases Final NPR-A Rule
January 17, 2025
The Department of the Interior released a report summarizing public input received by the Bureau of Land Management (BLM) on how best to ensure maximum protection of surface resources in the National Petroleum Reserve in Alaska (NPR-A). The report outlines
Helmerich & Payne Completes Acquisition of KCA Deutag
January 17, 2025
Helmerich & Payne, Inc. has completed its acquisition of KCA Deutag International Limited, establishing a global leader in onshore drilling. “We are excited to complete this transformative acquisition and welcome KCA Deutag’s talented employees to H&P. Today marks an important
Trump to Make it Easier for LNG Export Permit Renewals
January 17, 2025
U.S. President-elect Donald Trump plans to make it easier for some producers of liquefied natural gas (LNG) to seek export permit renewals, according to two sources with knowledge of the plan. Trump will likely include the change in an executive
