NEWS — Click on text to read news by category: General | Product | People | Worldwide
Enbridge to Use AI for Enhanced Safety, Emissions Reduction, and Asset Optimization
October 29, 2024
Enbridge, in collaboration with Microsoft, is harnessing the power of artificial intelligence (AI) to drive significant advancements in safety, emissions reduction, and asset optimization across its operations. Building on a strong digital foundation, the company began implementing AI more than
Fervo Energy, Southern Utah University, Elemental Impact Launch Geothermal Apprenticeship Program
October 25, 2024
Fervo Energy along with Southern Utah University (SUU) and Elemental Impact have launched a geothermal apprenticeship program to help oil and gas workers and Southwest Utah residents join the rapidly growing enhanced geothermal industry. The program, administered by SUU and
New Fortress Energy Promotes Andrew Dete to President
October 25, 2024
New Fortress Energy (NFE) has appointed Andrew Dete, managing director, to the role of president of NFE, joining the senior management team of chairman and CEO Wes Edens, general counsel Cameron MacDougall, and chief financial officer Chris Guinta. “Andrew has
Shell to Acquire RISEC’s Combined-cycle Power Plant, Rhode Island
October 24, 2024
Shell Energy North America, a subsidiary of Shell, has signed an agreement to acquire a 100 percent equity stake in RISEC Holdings, which owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, USA. This acquisition secures
Cadiz and RIC Energy Partner to Build the Largest Hydrogen Production Facility, California
October 24, 2024
Cadiz, a California water solutions company, and RIC Energy, a global renewable energy developer, have entered into an agreement to build California’s largest green hydrogen facility at Cadiz Ranch in the Mojave Desert. Under the agreement, Cadiz will supply land
Spicewood Mineral Partners Acquires Multiple Permian Basin Mineral Interests
October 23, 2024
Spicewood Mineral Partners released an update on its new acquisitions in the Delaware Basin. In recent months, the company has been acquiring a selection of tier 1 mineral assets in the Permian Basin. Spicewood’s acquisitions reflect a strategic blend of
Woodside Closes $900 Million Acquisition of Tellurian, Renames Driftwood LNG Facility
October 23, 2024
Woodside has completed the acquisition of Tellurian and its U.S. Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900 million cash with an implied enterprise value is approximately $1,200 million.
U.S. Supreme Court Takes Up EPA’s Clean Air Policy Challenges
October 23, 2024
The U.S. Supreme Court on Monday agreed to consider whether the U.S. Environmental Protection Agency could steer certain lawsuits challenging agency actions designed to reduce air pollution and greenhouse gas emissions away from regional appeals courts favored by opponents of
Regulators Greenlight California Resources Corp’s Carbon TerraVault I CCS Project
October 23, 2024
California Resources Corporation (CRC) and its carbon management business, Carbon TerraVault, said the Kern County board of supervisors’ has unanimously approved the conditional use permit for the Carbon TerraVault I (CTV I) carbon capture and storage project. This permit authorizes
Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale
October 22, 2024
Top U.S. oil producer ExxonMobil plans to sell a portion of its assets in North Dakota’s Bakken shale formation, the company told Reuters last week. Following a wave of megamergers in U.S. shale patches, oil producers are reviewing their portfolios
