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Aramco and NextDecade Execute Heads of Agreement for Offtake of LNG from Rio Grande LNG Facility
June 18, 2024
Aramco and NextDecade Corporation said their respective subsidiaries have executed a non-binding heads of agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake from train 4 at the Rio Grande LNG Facility at
Ten West Link Transmission Line Becomes Operational, Expands Grid Between California and Southwest
June 18, 2024
The California Independent System Operator (CAISO) has formally taken operational control of Ten West Link, a 125-mile high-voltage transmission project that will enhance the western electric grid and bring more than 3,000 megawatts of renewable energy resources to consumers throughout
TotalEnergies to Divest Brunei Subsidiary to Hibiscus Petroleum for $259 Million
June 18, 2024
TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) to Hibiscus Petroleum Berhad for a consideration of $259 million. Hibiscus is a Malaysian independent oil and gas exploration and production company. The transaction is expected
Aemetis Appionts Sanjeev Duggal as CEO, Managing Director of Its Subsidiary Universal Biofuels
June 18, 2024
Aemetis, Inc. has appointed Sanjeev Duggal as the managing director and chief executive officer of Universal Biofuels, the India-based subsidiary of Aemetis. Duggal will join the company officially on July 1, 2024. Before joining Aemetis, Sanjeev Duggal was the managing
Power the Future’s Founder Daniel Turner Talks Free Market Future of Energy on Fox Business
June 17, 2024
Power the Future’s founder and executive director Daniel Turner discusses high gas prices, permitting, and the free market future of energy.
New Zealand Government to Reverse Oil and Gas Exploration Ban
June 17, 2024
Removing the ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, Resources Minister Shane Jones
Matador Resources to Acquire EnCap E&P Ameredev II for $1.9 Billion
June 14, 2024
Matador Resources has entered into a definitive agreement to acquire a subsidiary of Ameredev II including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Loving and Winkler Counties, Texas. The Ameredev
Wildfire Energy Continues Eagle Ford Consolidation with Latest Acquisition
June 14, 2024
WildFire Energy has acquired approximately 16,000 net acres of leasehold and 58 operated wells in the East Texas Eagle Ford from an undisclosed seller. With the acquisition, WildFire will operate more than 2,000 wells on 873,000 net acres in the
Noble to Acquire Diamond Offshore Drilling for $1.6 Billion
June 14, 2024
Noble Corporation has entered into a definitive merger agreement where Noble will acquire Diamond Offshore Drilling in a stock and cash deal worth about $1.6 billion. As part of the transaction, Diamond shareholders will receive 0.2316 shares of Noble, plus
U.S. Senate Confirms David Rosner, Lindsay See, Judy Chang to Federal Energy Regulatory Commission
June 14, 2024
On Wednesday, the Senate confirmed the nominations of Democrat David Rosner and Republican Lindsay See for three and four-year terms, respectively, as members of the Federal Energy Regulatory Commission. Senators on Thursday confirmed Democrat Judy Chang’s nomination to a five-year
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