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Mountain Valley Pipeline Asks FERC for Extension to Finish Southgate Project, North Carolina
June 20, 2023
The owners of the Mountain Valley Pipeline sent a letter to federal regulators last week, asking for a three-year extension to finish the southern leg, most of which would run through North Carolina. The MVP Southgate Project would start in
Hydro Produces World’s First Successful Batch of Aluminium Using Green Hydrogen as an Energy
June 20, 2023
Hydro has produced the world’s first successful batch of aluminium using green hydrogen as an energy source. The test is another step towards carbon-free aluminium. Carbon-free green hydrogen replaced natural gas as fuel for the recycling of aluminium during the
NextDecade, TotalEnergies, GIP Partner for Development of Rio Grande LNG Project, Texas
June 19, 2023
NextDecade has entered into framework agreements with Global Infrastructure Partners (GIP) and TotalEnergies to enable the final investment decision (FID) for the Rio Grande LNG project (RGLNG) trains 1, 2 and 3 (phase 1) and to provide momentum for the
DOE Releases Notice of Solicitation for 3 Million Barrels for Strategic Petroleum Reserve
June 19, 2023
Furthering the administration’s three-part Office of Petroleum Reserves replenishment plan, DOE released a new notice of solicitation to purchase approximately 3.1 million additional barrels of crude oil to the Big Hill SPR site this September. These 3 million barrels are
U.S. Drillers Cut Oil and Gas Rigs for Seventh Week in a Row
June 19, 2023
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report
Ameresco and Atura Power Selected to Build Battery Storage System, Canada
June 16, 2023
Ameresco’s joint venture (JV) was selected to build a 250 MW, 1000 MWh battery energy storage system (BESS) in partnership with Atura Power, a subsidiary of Ontario Power Generation, by the Independent Electricity System Operator (IESO) in Canada. Ameresco and
Patterson-UTI Energy and NexTier Oilfield Solutions to Merge in $5.4 Billion Deal
June 15, 2023
Patterson-UTI Energy and NexTier Oilfield Solutions have entered into a definitive merger agreement to combine in an all-stock merger of equals transaction. The combined company, with an enterprise value of approximately $5.4 billion, will be an industry leading drilling and
DOE Enhances Energy Research Data Access
June 15, 2023
Recognizing the importance of collaborative assets for energy-related research needs, the U.S. Department of Energy (DOE) has taken steps to ensure a permanent place for researchers around the world to access research data. In late 2022, Assistant Secretary of Fossil
DOE Invests $251M in 12 Projects to Expand Infrastructure to Support CO2 Transport and Storage
June 15, 2023
The U.S. Department of Energy (DOE) has invested $251 million to support 12 selected projects across seven states that will bolster the nation’s carbon management capabilities. The projects will expand carbon dioxide (CO2) transportation and storage infrastructure to help significantly
Ovintiv Closes on $4.2 Billion Midland and $825 Million Bakken Transactions
June 14, 2023
Ovintiv Inc. has closed on the acquisition of core Midland Basin assets, adding approximately 1,050 net 10,000 foot well locations and approximately 65,000 net acres of largely undeveloped land adjacent to Ovintiv’s existing Permian operations. The company has acquired substantially
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