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BSEE Conducts Oil Spill Response Exercise in Pacific Ocean
September 5, 2023
As part of its mission to protect the environment and ensure offshore oil and gas operators are prepared to respond rapidly and effectively to oil spills, the Bureau of Safety and Environmental Enforcement (BSEE) conducted a Government Initiated Unannounced Exercise
U.S. Drillers Cut Oil and Gas Rigs for Eighth Week in a Row
September 5, 2023
U.S. energy firms last week cut the number of active oil and natural gas rigs for an eighth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Happy Labor Day from the Team at Mining Connection
September 1, 2023
This Labor Day, we want to recognize the hardworking individuals in the mining and oil & gas industries. It’s a day to recognize the immense efforts and dedication that go into the work done each day. You are the backbone
DT Midstream Completes Phase 1 LEAP Expansion
August 31, 2023
DT Midstream has commissioned its LEAP phase 1 expansion early, increasing its capacity from 1.0 Bcf/d to 1.3 Bcf/d, ahead of its planned Q4 2023 in service date and on budget. The pipeline’s phase 2 and phase 3 expansions remain
Barrell Energy to Develop Gulf Coast Carbon Storage Network in Louisiana and Texas
August 31, 2023
Barrell Energy said it is developing the Gulf Coast Storage Network (GCSN), which currently consists of four carbon sequestration sites along the Gulf Coast in Louisiana and Texas. “Carbon sequestration is rapidly emerging as a current technological solution for the
Agencies Launch $350 Million Funding Opp to States to Cut Methane Emissions from Oil and Gas Sector
August 31, 2023
The U.S. Environmental Protection Agency (EPA), U.S. Department of Energy (DOE), and DOE’s National Energy Technology Laboratory (NETL) announced today the availability of up to $350 million in formula grant funding to help monitor and reduce methane emissions from the
Peregrine Energy Solutions Raises $700 Million for Energy Transition Technologies
August 31, 2023
Peregrine Energy Solutions has signed an agreement with funds managed by AB CarVal to raise over $700 million of credit, equity, and debt to fund Peregrine’s pipeline of over seven gigawatts of high-quality projects, including standalone battery, solar and wind
PHX Minerals Acquires Haynesville Play in Louisiana, Texas; SCOOP Play in Oklahoma for $13.6 Million
August 30, 2023
PHX Minerals Inc. has agreed to acquire approximately 988 net royalty acres targeting the Haynesville play in Louisiana and Texas and the SCOOP play in Oklahoma from five separate sellers for aggregate consideration of $13.6 million in cash, subject to
Earthstone Energy Closes Acuisition of Novo Oil & Gas’ Northern Delaware Basin Assets
August 30, 2023
Earthstone Energy has closed on the acquisition of the northern Delaware Basin assets of Novo Oil & Gas Holdings. “We are excited to incorporate Novo’s assets into Earthstone’s premier northern Delaware position. A key piece of our strategy has been
Occidental to Acquire Direct Air Capture Technology Innovator Carbon Engineering for $1.1 Billion
August 30, 2023
Occidental has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three approximately equivalent annual payments, with the first at closing.
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