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

Kingston Midstream to Acquire Rangeland Midstream and Its Clearwater Assets, Canada

September 14, 2023

Kingston Midstream Limited has entered into an agreement where its wholly-owned subsidiary, Kingston Midstream Alberta will acquire Rangeland Midstream Canada Limited, the owner of the Marten Hills Pipeline. Closing of the transaction is expected to occur by the end of

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Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol

September 14, 2023

The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for more than 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas. The partnership,

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Holtec Enters Power Purchase Agreement to Reopen Palisades Nuclear Power Plant, Michigan

September 14, 2023

Wolverine Power Cooperative signed an agreement with Holtec’s Palisades Energy on Tuesday to purchase power to re-open the 800-megawatt (MW) Palisades nuclear power plant in Michigan. Holtec International, a diversified energy technology company headquartered in Florida, bought the Palisades plant

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Basin Electric Breaks Ground on Pioneer Generation Station Phase IV, North Dakota

September 14, 2023

Nearly 100 cooperative members, employees, community members, and dignitaries gathered Sept. 11 to break ground on Basin Electric’s largest single-site electric generation project to be built in North Dakota in 40 years. As a commitment to the delivery of reliable

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Promotional EV Tour Trip by U.S. Secretary of Energy Granholm Goes Awry

September 14, 2023

U.S. Secretary of Energy Jennifer Granholm embarked on a four-day road trip in an electric vehicle this summer and faced a few issues, including trouble locating chargers, long downtimes as batteries slowly refilled, and even having the police called on

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Diamondback Energy and Five Point Energy Form New JV Entity, Deep Blue Midland Basin

September 13, 2023

Diamondback Energy and Five Point Energy have formed a new joint venture entity, Deep Blue Midland Basin. This strategic joint venture creates the largest independent water infrastructure platform in the Midland Basin with substantial excess capacity in place to pursue

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Chevron Acquires Majority Stake in Advanced Clean Energy Storage Hydrogen Project, Utah

September 13, 2023

Chevron U.S.A., through its Chevron New Energies division, has closed a transaction with Haddington Ventures to acquire 100 percent of Magnum Development including a majority interest in ACES Delta, which is a joint venture between Mitsubishi Power Americas and Magnum

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South Dakota Regulators Deny Permit for Navigator CO2 Carbon Pipeline

September 13, 2023

In a unanimous decision, the three-member South Dakota Public Utilities Commission on Wednesday rejected Navigator CO2’s application for a permit to construct the Heartland Greenway carbon capture pipeline in South Dakota. The commission also unanimously refused the company’s request to

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Precision Drilling to Acquire CWC Energy Services for $141 Million

September 12, 2023

Precision Drilling Corporation has entered into an agreement to acquire all of the issued and outstanding common shares of CWC Energy Services for total consideration of approximately $141 million, comprised of 947,909 Precision shares, valued at approximately $88 million as

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Crescent Energy to Acquire Additional Interests in Operated Western Eagle Ford Position for $250M

September 12, 2023

Crescent Energy Company has entered into a definitive purchase agreement to acquire incremental working interest in its operated Western Eagle Ford assets for total consideration of $250 million in cash, subject to customary purchase price adjustments. The acquisition follows the

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