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Chevron Names Laura Lane Vice President and Chief Corporate Affairs Officer; Al Williams to Retire
January 14, 2025
Chevron Corporation has named Laura Lane vice president and chief corporate affairs Officer, effective February 1. Lane will oversee the company’s government affairs, communications, and social investment activities. Lane will be based in Houston and succeed Al Williams, who is
Kinder Morgan Acquires Outrigger Energy’s Gas Gathering and Processing System in $640M Deal
January 13, 2025
Kinder Morgan (KMI) said its subsidiary, Hiland Partners Holdings, has agreed to purchase a natural gas gathering and processing system in North Dakota from Outrigger Energy II for $640 million. The acquisition includes a 270 million cubic feet per day
TotalEnergies to Pay $5 Million to Settle U.S. FERC Natgas Manipulation Case
January 13, 2025
A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012. The settlement is much smaller than
Energy Transfer Makes $2.7 Billion FID for Construction of Hugh Brinson Pipeline, Texas
January 10, 2025
Energy Transfer has reached a positive final investment decision (FID) for the construction of an intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs. The new large-diameter pipeline, previously called the Warrior Pipeline, is being
Pioneer Energy Selected by DOE for $27M to Advance Methane Emission Reduction from Oil Production
January 9, 2025
Pioneer Energy has been selected by the U.S. Department of Energy for four different awards which collectively total $27 million. Three of these are intended to advance the company’s Emission Control Treater™ (ECT), a breakthrough near zero emissions well pad
Methane Emissions Continue to Decline Across U.S. Oil & Gas Basins
January 8, 2025
Methane emissions from the country’s top oil and gas-producing basins have fallen 44 percent since 2011, according to data from the Environmental Protection Agency. This plunge in emissions comes even as the country has managed to shatter energy production records
Phillips 66 to Acquire EPIC’s Permian NGL Midstream Assets for $2.2 Billion
January 7, 2025
Phillips 66 has entered into a definitive agreement to buy EPIC Y-Grade GP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities, and distribution systems (EPIC NGL) for total cash consideration of $2.2 billion. “This transaction
ONEOK Appoints Randy Lentz as Executive VP and COO; Sheridan Swords Executive VP and CCO
January 7, 2025
ONEOK has made two executive leadership appointments, both of which are effective immediately. Randy Lentz, chief executive officer and founder of Medallion Midstream, is assuming the newly created position of executive vice president and chief operating officer. In this role,
Department of the Treasury Releases Final Rules for Clean Hydrogen Production Tax Credit
January 7, 2025
The U.S. Department of the Treasury and Internal Revenue Service released final rules for the section 45V Clean Hydrogen Production Tax Credit established by the Inflation Reduction Act. The final rules include significant changes and flexibilities that address several key
Delek Closes $285 Million Acquisition of Permian’s Gravity Water Midstream
January 6, 2025
Delek Logistics Partners (DKL) has closed on the acquisition of Gravity Water Intermediate Holdings. “The Gravity acquisition represents another significant step in DKL’s commitment of being a full suite crude, gas, and water midstream services provider in the Permian Basin.
