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Chevron Makes Changes to Its Senior Leadership
July 24, 2023
Chevron Corporation has made several senior leadership changes as well as a waiver of the mandatory retirement age for the chairman and chief executive officer, Mike Wirth. Pierre Breber, vice president and chief financial officer, will retire from Chevron in
Fluor Reaches Significant Milestone on LNG Canada Project
July 21, 2023
With the arrival of the last module by ship from its fabrication yard in Zhuhai, China, Fluor Corporation said it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada. This significant milestone marks
Koch Modular Launches Project Enterprise Carbon Capture System
July 21, 2023
Koch Modular has launched a unique Carbon Capture Demonstration Scale System, named Project Enterprise. Unveiled on Friday, July 14, this project represents a significant milestone in the advancement of carbon capture technology, and it is poised to achieve a remarkable
Mountain Valley Pipeline Turns to Supreme Court, Files Emergency Application
July 20, 2023
The Supreme Court may soon step into a legal brawl over whether Congress violated the Constitution when it passed a law ensuring completion of the Mountain Valley pipeline — a fight that could have important implications for the power of
Ring Energy to Acquire Founders Oil & Gas’ Central Basin Platform for $75 Million
July 20, 2023
Ring Energy has entered into an agreement to acquire the Central Basin Platform (CBP) assets of Founders Oil & Gas for $75 million in cash. Founders’ CBP operations are located in the Permian Basin in Ector County, Texas and are
Houston Natural Resources Acquires Cunningham Energy, Will Change Its Name and Rebrand
July 20, 2023
Houston Natural Resources Corp. (HNRC) has completed the acquisition of a 100 percent interest in Cunningham Energy (CE), increasing HNRC’s net asset value $3.35 per share. The company also previously completed the acquisition of a 9.9 percent interest in Cunningham
Enterprise Begins Service at Its Sixth Midland Basin Natural Gas Processing Plant
July 19, 2023
Enterprise Products Partners has started service at its Poseidon cryogenic natural gas processing plant in Glasscock County, Texas. The new plant, which is the company’s sixth in the Midland Basin, has a nameplate capacity of 300 million cubic feet per
Marubeni and Bison Low Carbon Ventures to Develop Canadian CCS Project
July 19, 2023
Marubeni Corporation has entered into a share subscription agreement with Bison Low Carbon Ventures, to facilitate development of Bison’s carbon capture and storage (CCS) projects in Alberta, Canada. The Meadowbrook CCS Project, one of the projects being developed by Bison,
Fervo Energy Makes Geothermal Breakthrough with Nevada Pilot Project
July 19, 2023
Fervo Energy has successfully completed the well test at its full-scale commercial pilot, Project Red, in northern Nevada. Fervo is hosting research and industry partners for the inaugural Fervo Energy Technology Day in Houston to present findings from the project
Buckeye Partners Acquires Carbon Capture Company Elysian
July 18, 2023
Buckeye Partners has acquired Elysian Carbon Management from EnCap Flatrock Midstream. Elysian provides integrated end-to-end carbon capture and storage (CCS) solutions to industrial, power, and similar facilities seeking to transition to lower carbon products to advance emissions reductions goals. “This
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