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Denbury Expands Leading CO2 Sequestration Portfolio with Two New Sites in Louisiana
June 29, 2023
Denbury has formed a joint venture with Lapis Energy to design, implement, and operate a carbon dioxide sequestration project at Lapis Energy’s 14,000-acre site located in St. Charles Parish, Louisiana, approximately 20 miles west of New Orleans. Each party will
Oil Shippers on Canada’s Trans Mountain Expansion Dispute Pipeline Tolls
June 29, 2023
Oil shippers on the Trans Mountain expansion (TMX) project are challenging proposed pipeline tolls filed by Canadian government-owned Trans Mountain Corp. with regulators last month, citing concerns about significant costs increases. TMX will nearly triple the flow of crude from
CNX Resources Sells Non-core Appalachian Basin Assets for $125 Million
June 28, 2023
Natural gas producer CNX Resources Corp. will sell about $125 million in oil and gas assets to an unspecified third party, the Canonsburg-based company disclosed in a U.S. Securities and Exchange Commission filing. CNX didn’t disclose the location or the
DOE Launches $17M FOA for University-Led Projects Supporting Decarbonization, Net-Zero Emissions
June 28, 2023
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has launched up to $17.7 million in funding available to support novel, early-stage research and development at eligible U.S. colleges and universities, including creating new academic
Biden Admin Eyes $5 Billion Fossil Fuel Build-out in Puerto Rico
June 28, 2023
The Army Corps of Engineers plans to spend up to $5 billion on fossil fuel power plants and infrastructure repairs in Puerto Rico, a move the agency says will improve the territory’s troubled electric grid but that critics warn could
Suncor Energy Cyberattack Could Prove ‘Sizable Incident,’ Security Expert Warns
June 28, 2023
Suncor Energy Inc. falling victim to a cyberattack may be the most significant cybersecurity breach of an oil and gas company thus far in Canadian history, experts say. The Calgary-based oil company has provided no details about the attack or
U.S. Set to Approve Record-high Volume of Export Capacity in First Half of 2023
June 27, 2023
Despite concerns about cost inflation, developers of LNG projects in the United States are set to approve a record-high volume of export capacity in the first half of 2023, driven by rising global LNG demand and increased long-term contracting from
Piñon Midstream Expands Dark Horse Treating Facility with Additional Acid Gas Injection Well, Mexico
June 26, 2023
Piñon Midstream has made additional expansions to its Dark Horse Facility sour natural gas treating and carbon capture facility located in Lea County, New Mexico. The Dark Horse Facility provides a state-of-the-art, purpose-built, sour natural gas treating and carbon capture
Cheniere Energy and Equinor Sign Long-Term LNG Sale and Purchase Agreement
June 26, 2023
Cheniere Energy’s subsidiary, Cheniere Marketing, has entered into a long-term liquefied natural gas sale and purchase agreement (SPA) with Equinor. Under the SPA, Equinor has agreed to purchase approximately 1.75 million tonnes per annum (mtpa) of LNG from Cheniere Marketing
BLM Sees Public Comment for Oil and Gas Lease Sale in North Dakota
June 26, 2023
The Bureau of Land Management Montana/Dakotas State Office today opened a 30-day public scoping period to receive public input on 35 oil and gas parcels totaling 10,463.09 acres that may be included in an upcoming lease sale in North Dakota.
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