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EPA Approves Piñon Midstream Plan for CO₂ Storage Project, New Mexico
June 20, 2024
Piñon Midstream said it has received approval from the United States Environmental Protection Agency for its monitoring, reporting, and verification (MRV) plan for the permanent sequestration of carbon dioxide (CO₂) in its two acid gas injection (AGI) wells located at
Petrobras, Shearwater to Collaborate on Research Into Seismic Acquisition and Processing Technology
June 20, 2024
and Shearwater to collaborate Petrobras has signed a memorandum of understanding (MOU) with the Norwegian company Shearwater to undertake and implement scientific research and technological innovation for seismic processing and acquisition. The goal is to improve the quality and efficiency
Equinor Secures Exploration Permit for CO₂ Storage in Denmark
June 20, 2024
Equinor has been awarded its first CCS exploration permit in Denmark as operator, together with partners Ørsted and Nordsøfonden. The partnership will start surveys to assess if the onshore license in the North West Zealand can be developed into a
Deloitte and Utilidata Establish First-of-Its-Kind Collaboration to Revolutionize U.S. Power Grid
June 20, 2024
Deloitte has entered into a first-of-its-kind collaboration with Utilidata, aimed at transforming the utility industry by leveraging AI and data capabilities for intelligent power grid solutions. By combining Deloitte’s deep data science and energy industry experience and incorporating NVIDIA’s accelerated
Federal Appeals Court Remands Enbridge Jurisdictional Fight on Line 5 Back to State Court
June 19, 2024
A U.S. appeals court on Monday handed Michigan’s attorney general a jurisdictional victory in her bid to force Enbridge to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in the Great Lakes by allowing her to
Power The Future Joins 40+ Organizations to Oppose S.1863, the PROVE IT Act
June 19, 2024
Last week, Power The Future joined 40+ organizations in signing a letter to Congress asking members to oppose S.1863, the PROVE IT Act. The PROVE IT Act would establish a bureaucratic framework which could allow for the future implementation of
TGS and PetroAI to Develop Earth AI Models for Well Performance and Design
June 19, 2024
TGS has entered into a strategic partnership with PetroAI. This collaboration aims to provide E&P companies with an integrated solution that allows users to access TGS’s licensed data via the PetroAI platform. By leveraging PetroAI’s advanced AI models, this partnership
SaskPower, Westinghouse, and Cameco Sign MOU to Explore Reactor and Fuel Supply Potential
June 19, 2024
Saskatchewan Power Corporation (SaskPower), Westinghouse Electric, and Cameco have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse’s nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan’s future clean power needs. The MOU
Asset Guardian Solutions Appoints Stephanie Calder as CEO
June 19, 2024
Stephanie Calder has been appointed as the new chief executive officer of Asset Guardian Solutions Limited (AGSL). Calder joined the company in 2022 as chief commercial officer and has been instrumental in propelling the company to the next stage of
Phillips 66 Sells Its Stake in Rockies Express Pipeline to Tallgrass Energy for $1.275 Billion
June 18, 2024
Phillips 66 said it has agreed to sell its 25 percent non-operated common equity interest in Rockies Express Pipeline (REX) to a subsidiary of Tallgrass Energy for an enterprise value of approximately $1.275 billion. Tallgrass Energy is the operator of
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