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

Plains All American Publishes Its 2022 Sustainability Report

August 10, 2023

Plains All American has released its 2022 Sustainability Report. “2022 marked a year of exceptional performance for Plains in which we remained focused on executing our strategy despite geopolitical turmoil and market volatility. We achieved record safety and environmental performance

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Equitrans Seeks FERC Approval to Transfer Existing Storage Wells for CONSOL’s Mining Plans

August 9, 2023

Equitrans Midstream filed an application with the Federal Energy Regulatory Commission (FERC) in June 2023 for authorization to transfer certain existing storage wells and drill two new horizontal storage wells, all in Greene County, Pennsylvania‎. CONSOL Energy has developed plans

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FERC to Evaluate Impact of Unreasonable Coal Plants, Gas Regulations on Nation’s Electrical Grid

August 9, 2023

U.S. Senator Joe Manchin, D-W.Va., says the Federal Energy Regulatory Commission (FERC) has agreed to his request to evaluate the impact of “unreasonable power plant regulations” on the nation’s electrical grid. Manchin, chairman of the U.S. Senate Energy and Natural

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EIA Expects New Production Milestones for U.S. Crude Oil Amid Sustained Global Petroleum Demand

August 9, 2023

The US Energy Information Administration (EIA) expects U.S. crude oil production to surpass 12.9 million barrels per day for the first time in late 2023 and to exceed 13 million barrels per day in early 2024. In its August Short-Term

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Mexico Pacific Signs Long Term LNG Sales, Purchase Agreements with ConocoPhillips

August 8, 2023

Mexico Pacific and ConocoPhillips have signed sales and purchase agreements for ConocoPhillips to offtake approximately 2.2 million tonnes per year (MTPA) in aggregate of liquefied natural gas (LNG) across trains 1, 2 and 3 of Mexico Pacific’s anchor LNG export

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LNG Japan to Acquire 10% Stake in Woodside’s Scarborough Gas Project for $500 Million, Australia

August 8, 2023

LNG JAPAN has agreed to take a 10 percent participating stake in the multi-billion dollar offshore Scarborough gas project in Australia from Woodside Energy Group for $500 million. From the effective date of the transaction, which has been set as

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Dril-Quip Acquires Great North Wellhead and Its Subsidiaries for $80 Million

August 7, 2023

Dril-Quip, Inc. has acquired Great North Wellhead and its subsidiaries for approximately $80 million in an all-cash transaction, subject to customary purchase price adjustments. Great North is a leading provider of mission-critical wellhead products and well-completion solutions. Dril-Quip is purchasing

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Chevron Completes Acquisition of PDC Energy

August 7, 2023

Chevron Corporation said its acquisition of PDC Energy, Inc. has been completed following approval by PDC Energy shareholders. “We’re pleased to welcome PDC Energy into Chevron,” said Bruce Niemeyer, Chevron’s president for Americas Exploration & Production. “Our companies have similar

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Sen. Shelley Moore Capito: Reminding the EPA Who is in Charge

August 7, 2023

U.S. Environmental Protection Agency bureaucrats simply can’t help themselves, it seems. Once again this spring, they proposed power plant regulations that would force the closure of some coal and gas-fired power plants, despite the U.S. Supreme Court having already told

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CCUS Plays Critical Role in Responsibly Meeting the World’s Energy Needs

August 7, 2023

Foley & Lardner LLP served as the summit sponsor at Infocast’s CCS/Decarbonization Project Development, Finance and Investment Summit which was held in Houston on July 25 and 26. Eric Blumrosen had the pleasure of serving as the summit’s co-chair. He

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