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Boardwalk Pipelines Makes FID on Gulf South Pipeline’s Kosci Junction Pipeline Project
December 13, 2024
Boardwalk Pipelines’ board of directors has made a final investment decision approving Gulf South Pipeline’s 1.16 Bcf/d Kosciusko Junction pipeline project. Gulf South Pipeline is a subsidiary of Boardwalk Pipelines. The Kosci Junction Project will consist of building approximately 110
Kosmos in Talks to Acquire UK’s Tullow Oil in All-Stock Deal
December 13, 2024
U.S. oil and gas company Kosmos Energy is in early talks for an all-share acquisition of Tullow Oil that would create a West Africa-focused producer. The merger of the two heavily indebted firms would be the latest in a recent
Trump Vows Fast Permits for Those Investing $1 Billion in U.S.
December 12, 2024
President-elect Donald Trump said his administration would help expedite permits for any person or company that invested at least $1 billion in the U.S. “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America,
Woodside and Bechtel Revise EPC Agreement for Louisiana LNG Project
December 11, 2024
Woodside has signed a revised lump sum turnkey engineering, procurement and construction (EPC) contract with Bechtel for the development of the three train 16.5 million tonnes per annum foundation development of Louisiana LNG. Bechtel has worked on site since the
API Releases New Policy Roadmap for Incoming Administration to Secure American Energy Leadership
December 9, 2024
The American Petroleum Institute (API) released a new policy roadmap for the incoming Trump administration and next Congress to secure American energy leadership and help reduce inflation. Beginning with an open letter to President-elect Trump, the 5-point policy roadmap details
Vivakor Completes Expansion of Its Omega Pipeline System, Oklahoma
December 6, 2024
Vivakor, Inc. has completed construction of additional gathering lines connected to its Omega Pipeline System in Blaine County, Oklahoma. Subsequent to its acquisition of the Endeavor Entities in October 2024, the company approved a project to expand its Omega Pipeline
1PointFive, Enterprise Agreement Supports Development of CO2 Transportation Network, Texas
December 6, 2024
1PointFive and Enterprise Products Partners have entered into an agreement for the development of a carbon dioxide (CO₂) transportation network to support the Bluebonnet Sequestration Hub that 1PointFive is developing in southeast Texas. 1PointFive, a subsidiary of Occidental, is progressing
Phillips 66 to Cease Operations at Its Los Angeles-Area Refinery, California
December 6, 2024
Phillips 66 said it plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand. “We understand this decision
Shell and Equinor New JV to Create UK’s Largest Independent Oil and gas Company
December 5, 2024
Equinor UK Ltd and Shell U.K. Limited are to combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer. The incorporated joint venture (IJV) will
Crescent Energy to Acquire Ridgemar Energy’s Eagle Ford Assets for $905 Million
December 4, 2024
Crescent Energy has signed a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase price adjustments. The acquisition is directly offset Crescent’s core
