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NEWS Click on text to read news by category: General | Product | People | Worldwide

EPA Publishes Its 2024-2027 Climate Adaptation Plan

June 27, 2024

The U.S. Environmental Protection Agency released its 2024-2027 Climate Adaptation Plan, which describes agency actions to address the impacts of climate change. The plan expands the agency’s efforts to ensure its programs, facilities, workforce and operations are increasingly resilient to

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TXO Partners to Acquire Williston Basin Assets for $243 Million

June 26, 2024

TXO Partners has entered into separate purchase agreements with Eagle Mountain Energy Partners and a private company to purchase assets in the Elm Coulee field in Montana and the Russian Creek field in North Dakota for total cash considerations of

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Pembina and Haisla Nation Make $4 Billion FID on Cedar LNG Project, Canada

June 26, 2024

The Haisla Nation and Pembina Pipeline have made a positive final investment decision (FID) on the Cedar LNG Project. Cedar is a floating liquefied natural gas (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa), located

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Kimmeridge Texas Gas Appoints David Lawler as CEO, Takes Majority Ownership in Commonwealth LNG

June 26, 2024

Asset manager company Kimmeridge said its affiliate, Kimmeridge Texas Gas (KTG), has appointed David Lawler as chief executive officer. Lawler will advance KTG’s efforts to become a fully integrated provider of LNG from well-head to water — providing reliable, secure,

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Baker Hughes Achieves New Hydrogen Milestones to Accelerate Transition to Hydrogen Economy

June 26, 2024

Baker Hughes said it has reached several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy. The milestones were announced during the 24th Baker Hughes Annual Meeting held in Florence,

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ExxonMobil, Air Liquide Enter Agreement to Advance ExxonMobil’s Baytown Low-carbon Hydrogen Project

June 25, 2024

ExxonMobil and Air Liquide entered into an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide’s existing pipeline network. Additionally, Air Liquide

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Mitsui & Co. Completes Acquisition of Texas Asset from Sabana and Vanna

June 25, 2024

Mitsui & Co., through its U.S. based subsidiary Mitsui E&P USA (MEPUSA), has completed the acquisition of an unconventional gas asset in Texas from U.S. oil and gas E&P companies, Sabana, LLC and Vanna, LLC. This asset — Tatonka —

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Shell Signs Agreement to Acquire Pavilion Energy

June 25, 2024

Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100 percent of the shares in Pavilion Energy. Pavilion Energy includes a global liquefied natural gas (LNG) trading business with a contracted supply volume

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Heirloom to Build Two Direct Air Capture Facilities in Northwest Louisiana

June 25, 2024

Direct air capture (DAC) provider Heirloom said it will make an unprecedented investment in Louisiana that will bring two DAC facilities, with a combined ability to remove nearly 320,000 tonnes of carbon dioxide (CO₂) per year, to the northwestern part

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Energy Capital & Power Appoints James Chester as Chief Executive Officer

June 25, 2024

Energy Capital & Power (ECP) has appointed James Chester as CEO. As co-founder and senior director at ECP, James Chester holds varied and dynamic experience in events, strategic communications, custom publishing, and investment promotion activities across Africa’s fastest-growing markets. Chester

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