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Podcasts: An Expert Look into Oil and Gas
October 21, 2024
Ready to learn about all things Oil & Gas? Listen to The Energy Pipeline Podcast, sponsored by Caterpillar Oil & Gas. The Energy Pipeline is a new podcast that provides fresh insight every week on issues impacting our industry. Learn
Oct. 18: U.S. Drillers Cut Oil, Gas Rigs for the Fourth Time in Five Weeks
October 21, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Hilcorp Fined $9.4 Million Over San Juan Basin Fracking Emissions
October 21, 2024
Hilcorp Energy Co., the privately held oil producer run by Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico. It’s the first settlement to address violations from
Marubeni Acquires 50% Stake in Ozona’s Eagle Ford CCS Project, Texas
October 18, 2024
Marubeni has entered into an agreement to acquire an interest in a business entity funded by Ozona CCS. Ozona is developing a carbon dioxide capture and storage (CCS) project in Texas, United States. Through this agreement, Marubeni will participate in
TotalEnergies Begins Production from Fenix Gas Field, Offshore Argentina
October 18, 2024
TotalEnergies said it has started production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies
APA Expands Partnership with Palantir to Leverage AI Technology Across Oil and Gas Operations
October 18, 2024
Palantir Technologies and APA Corporation have entered into a multi-year, multi-million-dollar extension to their enterprise agreement originally signed in 2021. The agreement builds on the work deployed across APA’s global portfolio over the past three years and introduces new artificial
Lake Charles LNG Selects Technip Energies, KBR for Export Terminal, Louisiana
October 18, 2024
The KTJV joint venture between Technip Energies and KBR has been selected for a major engineering, procurement, fabrication, and construction (EPFC) project by Lake Charles LNG. Subject to Lake Charles LNG making a final investment decision to proceed with this
Vistra to Acquire Remaining Stake in Subsidiary Vistra Vision for $3.2 Billion
October 18, 2024
Vistra Corp. has executed definitive agreements with affiliates of Nuveen Asset Management and Avenue Capital Management to acquire their combined 15 percent equity interest in Vistra Vision. Vistra will acquire the 15 percent equity interest collectively owned by Nuveen and
Flowserve Closes $305 Million Acquisition of MOGAS Industries
October 17, 2024
Flowserve Corporation has completed the acquisition of MOGAS Industries. This transaction helps strengthen Flowserve’s presence in mission-critical severe service valves and associated aftermarket services. “We welcome the MOGAS team to Flowserve and look forward to leveraging our industry-leading scale to
ONEOK Closes $3.3 Billion Acquisition of EnLink Midstream
October 17, 2024
ONEOK, has successfully completed its acquisition of Global Infrastructure Partners’ (GIP) entire interest in EnLink Midstream for a total cash consideration of approximately $3.3 billion. The acquisition consists of 43 percent of EnLink’s outstanding common units for $14.90 per unit
