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U.S. Drilling Activity Remains Steady as Rig Count Holds at 589
January 6, 2025
Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was at 589 rigs for a fourth consecutive week. That’s down 32 rigs or 5 percent from 621 rigs counted last year. Baker Hughes’ rig count fell 5
Williams Completes Mid-Atlantic Transco Expansion Project
January 6, 2025
The strong economies and growing populations across the Mid-Atlantic and Southeast portions of the U.S. are driving the need for more energy in the region. To help meet this growing demand for affordable, reliable and clean energy, Williams recently placed
Cheniere Achieves First LNG at Its Corpus Christi Stage 3 Project
January 6, 2025
Cheniere Energy said liquefied natural gas (LNG) was produced for the first time from the first train of the company’s Corpus Christi Stage 3 Liquefaction Project. The commissioning process continues, and Cheniere expects substantial completion of train 1 to be
Ormat Starts Operations at Montague Energy Storage Facility, New Jersey
January 6, 2025
Ormat Technologies has commenced commercial operations at its Montague energy storage facility. This 20MW/20MWh Battery Energy Storage System (BESS), located in New Jersey, will provide ancillary services on the merchant market to PJM. The Montague Project, which is expected to
Pembina Closes $290 Million Deal for Stake in Whitecap’s NatGas Facility
January 3, 2025
Pembina Pipeline has closed on its Pembina Gas Infrastructure’s (PGI) acquisition of a 50 percent working interest in Whitecap Resources’ 15-07 Kaybob Complex. As part of the transaction, Whitecap has entered into a long-term take-or-pay agreement for PGI’s capacity in
One Equity Partners Completes Acquisition of EthosEnergy
January 3, 2025
One Equity Partners (OEP) has completed an investment in EthosEnergy, a global independent service provider focusing on rotating equipment for customers in the power generation, energy, industrial, and aerospace and defense markets. EthosEnergy was formed in 2014 as a joint
EPA Issues First Ever Underground Injection Permits for Carbon Sequestration in California
January 3, 2025
The U.S. Environmental Protection Agency (EPA) issued four underground injection control (UIC) class VI well permits to Carbon TerraVault JV Storage Company (CTV), a subsidiary of California Resources Corporation (CRC). Class VI UIC wells are used to inject carbon dioxide
Biden Moves to Ban Oil and Gas Leases for 20 Years in Nevada, Just Weeks Before Trump Inauguration
January 3, 2025
The Biden administration is attempting to implement last-minute restrictions on oil and gas drilling in the west just weeks before President-elect Donald Trump’s inauguration. On Monday, the Department of the Interior announced plans to pursue a 20-year ban on oil
Baker Hughes Secures Liquefaction Equipment Order for Woodside Louisiana LNG
January 3, 2025
Baker Hughes has secured an order from Bechtel Energy to supply gas technology equipment for two liquefaction plants with a total capacity of approximately 11 MTPA for phase 1 of Woodside Energy Group’s Louisiana LNG development opportunity. The order marks
The Future is Bright for U.S. LNG as 2024 Concludes
December 30, 2024
Venture Global LNG began shipping initial cargoes from its new liquefied natural gas export plant in Louisiana last week, marking the startup of operations in what will eventually become the biggest LNG export facility in the United States if all
