Oil, Gas and Shale
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EIA: U.S. Electricity Generation from Natural Gas was Highest on Record this Past Winter

June 9, 2023

According to EIA’s Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most recent winter heating season (November 1 - March 31), averaging more than 120 BkWh per month and

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Black Bear Transmission Sells Mississippi Gas Gathering Assets

June 7, 2023

Black Bear Transmission (BBT) has completed the divestiture of gas gathering assets owned by BBT Mississippi to Skye MS of Columbia, Mississippi. BBT MS owns and operates a fee-based, natural gas transmission system that delivers gas to utility, industrial, and

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Knight Energy Services Acquires Platinum Pipe Rentals

June 7, 2023

Knight Energy Services, a portfolio company of Voyager Interests, has acquired Platinum Pipe Rentals. Platinum, headquartered in Odessa, Texas, is a leading drill pipe and tubing rental operation focused on the Permian Basin and the Eagle Ford Shale. Financial terms

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Interior Department Cuts Off Navajo Nation from Oil and Gas Development

June 7, 2023

President Joe Biden’s Department of the Interior took another step this week to lock up 30 percent of the nation’s land and waterways by 2030. Last week, Interior Secretary Deb Haaland announced a 10-mile radius around the Chaco Cultural National

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Nucor Enters Into Carbon Capture and Storage Agreement with ExxonMobil

June 6, 2023

Nucor Corporation has signed an agreement with ExxonMobil to capture, transport, and store carbon from the company’s direct reduced iron (DRI) plant in Convent, Louisiana.  ExxonMobil will capture up to 800,000 metric tons per year of CO2 from the DRI

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Crestwood Publishes Its 2022 Sustainability Report Highlighting Authentic ESG Advancements

June 6, 2023

Crestwood Equity Partners has published its 2022 sustainability report, furthering its commitment to lead the MLP midstream industry in sustainability. The report titled Responsible Growth. Authentic Advancement. highlights the year-to-year progress Crestwood has achieved in its environmental, social, and governance

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Shell to Exit European Home Retail Energy Businesses

June 6, 2023

Shell said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany, and the Netherlands due to their poor returns. Shell launched a strategic review of its European retail businesses in January, citing “tough

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Montana DEQ Releases Supplemental Draft Environmental Assessment for NorthWestern Energy’s Gas Plant

June 5, 2023

The Montana Department of Environmental Quality (DEQ) is seeking comments on a supplemental draft environmental assessment, developed under the Montana Environmental Policy Act (MEPA), for the Laurel Generating Station proposed by NorthWestern Energy. The Laurel Generating Station is a proposed

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U.S. Oil Rig Count Falls by Most Since September 2021

June 5, 2023

U.S. energy firms this week cut the number of oil rigs operating by the most since September 2021, reducing the overall count for a fifth week in a row, energy services firm Baker Hughes said in its closely followed report

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Department of Interior Orders 20-Year Oil Drilling Ban Around Chaco Canyon, Arizona

June 5, 2023

The Biden administration issued a 20-year ban on oil and gas drilling on Friday on federal lands around Chaco Culture National Historical Park, a major announcement that comes after years of lobbying from local Native American tribes and conservationist groups.

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