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U.S. Drillers Cut Oil and Gas Rigs for Sixth Week in a Row
June 12, 2023
U.S. energy firms last week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report
Senator Capito, 27 Colleagues Seek Hearings on EPA Plan to Shutter Coal-and-Gas-Fired Plants
June 12, 2023
U.S. Sen. Shelley Moore Capito, R-W.Va., is asking for additional public hearings to be scheduled on a far-reaching federal Environmental Protection Agency plan that would force the closure of additional coal-and-gas-fired power plants. Capito, the ranking member of the Senate
Enbridge Sees Canada Woodfibre LNG Export Plant in Service in 2027
June 9, 2023
Enbridge’s Woodfibre LNG partnership in British Columbia was on track to enter service in 2027, Cynthia Hansen, president of gas transmission and midstream at the Canadian energy company, said on Thursday. Hansen told Reuters at the Reuters Global Energy Transition
EIA: U.S. Electricity Generation from Natural Gas was Highest on Record this Past Winter
June 9, 2023
According to EIA’s Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most recent winter heating season (November 1 - March 31), averaging more than 120 BkWh per month and
Black Bear Transmission Sells Mississippi Gas Gathering Assets
June 7, 2023
Black Bear Transmission (BBT) has completed the divestiture of gas gathering assets owned by BBT Mississippi to Skye MS of Columbia, Mississippi. BBT MS owns and operates a fee-based, natural gas transmission system that delivers gas to utility, industrial, and
Knight Energy Services Acquires Platinum Pipe Rentals
June 7, 2023
Knight Energy Services, a portfolio company of Voyager Interests, has acquired Platinum Pipe Rentals. Platinum, headquartered in Odessa, Texas, is a leading drill pipe and tubing rental operation focused on the Permian Basin and the Eagle Ford Shale. Financial terms
Interior Department Cuts Off Navajo Nation from Oil and Gas Development
June 7, 2023
President Joe Biden’s Department of the Interior took another step this week to lock up 30 percent of the nation’s land and waterways by 2030. Last week, Interior Secretary Deb Haaland announced a 10-mile radius around the Chaco Cultural National
Nucor Enters Into Carbon Capture and Storage Agreement with ExxonMobil
June 6, 2023
Nucor Corporation has signed an agreement with ExxonMobil to capture, transport, and store carbon from the company’s direct reduced iron (DRI) plant in Convent, Louisiana. ExxonMobil will capture up to 800,000 metric tons per year of CO2 from the DRI
Crestwood Publishes Its 2022 Sustainability Report Highlighting Authentic ESG Advancements
June 6, 2023
Crestwood Equity Partners has published its 2022 sustainability report, furthering its commitment to lead the MLP midstream industry in sustainability. The report titled Responsible Growth. Authentic Advancement. highlights the year-to-year progress Crestwood has achieved in its environmental, social, and governance
Shell to Exit European Home Retail Energy Businesses
June 6, 2023
Shell said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany, and the Netherlands due to their poor returns. Shell launched a strategic review of its European retail businesses in January, citing “tough
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