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Integrated Power Services Acquires Electric Motor Service, Strengthens Coverage in Western Canada
March 7, 2024
Integrated Power Services (IPS) has acquired Electric Motor Service Limited (EMSL). Headquartered in Edmonton, Alberta, EMSL has sold and serviced industrial electric motors and generators in western Canada since 1945. An EASA member, the company also sells, services, and remanufactures
ConocoPhillips Receives Consent to Begin Production at Eldfisk North Project, Offshore Norway
March 7, 2024
Norwegian Offshore Directorate said that ConocoPhillips has been granted consent by authorities to begin production at the $1.24 billion ( NOK$13 billion) Eldfisk North project in the southern part of the Norwegian North Sea. The offshore Norwegian project comprises two
Woodside’s Trion Project Secures Social Impact Assessment Approval, Gulf of Mexico
March 6, 2024
Australian energy company Woodside Energy has secured the social impact assessment approval for the $7.2 billion Trion oil and gas project in Mexican waters. The approval granted by the Mexican Ministry for Energy will serve as a key tool in
Select Water Solutions Acquires Infrastructure Assets in Haynesville Shale, Rockies Regions for $90M
March 6, 2024
Select Water Solutions has acquired strategic water infrastructure assets in the Haynesville Shale and Rockies regions for approximately $90 million. These acquisitions will add approximately 450,000 barrels per day of permitted disposal capacity to Select’s water infrastructure segment across 21
Carbon America Submits Injection Well Permit for Carbon Capture Project, Colorado
March 6, 2024
Carbon America has submitted a Class VI CO2 Injection Well permit application to the Environmental Protection Agency’s (EPA) Region 8 office to permanently store carbon dioxide produced by two ethanol plants in northeastern Colorado. The application is now in the
California Resources and Area Energy to Combine in $2.1 Billion Deal
March 6, 2024
California Resources Corporation (CRC) has signed a definitive merger agreement to combine with Aera Energy in an all-stock transaction. The transaction values Aera at approximately $2.1 billion, inclusive of Aera’s net debt and certain other obligations, and is expected to
POET and Summit Carbon Solutions to Partner on Carbon Capture and Storage Project
March 6, 2024
In a major step forward for the future of agriculture and biofuels, POET and Summit Carbon Solutions (Summit) entered into a groundbreaking partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project. This collaboration
New Fortress Energy Places Barcarena LNG Terminal in Pará in Operation, Brazil
March 6, 2024
New Fortress Energy (NFE) said its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site. NFE cohosted an event on-site to celebrate the terminal’s commissioning
Sitio Royalties Strikes $150 Million Deal to Expand in Denver-Julesburg Basin
March 5, 2024
A Denver-based company is acquiring $150 million worth of mineral rights and royalties in the core of the Denver-Julesburg Basin where Colorado’s biggest oil producers are most active. Sitio Royalties Corp. revealed last week that it reached an agreement in
Chevron’s First Renewable Hydrogen Plant to Tap California Green Power
March 5, 2024
Chevron New Energies, a division of Chevron U.S.A. said it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s
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