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Riley Permian Closes $330 Million Acquisition of Cibolo’s New Mexico Assets
May 1, 2023
Riley Exploration Permian has completed its acquisition of New Mexico oil and natural gas assets from Pecos Oil & Gas, an affiliate of Cibolo Energy Partners. Consideration for the New Mexico Acquisition was $330 million before customary purchase price adjustments.
Fluor’s Carbon Capture Technology Selected for Canadian Renewable Diesel Facility
April 26, 2023
Fluor Corporation has signed a license agreement with Federated Co-Operatives Limited (FCL) for the application of Fluor’s Econamine FG Plus carbon capture technology at FCL’s Co-op Renewable Diesel Complex in Regina, Saskatchewan, Canada. Fluor also booked a first quarter award
Justice Department and EPA Reach Clean Air Act Settlements with Three Natural Gas Processors
April 25, 2023
The Department of Justice and the Environmental Protection Agency (EPA) has made three separate settlements with natural gas processors that will require the companies to pay a combined $9.25 million in civil penalties and make improvements at 25 gas processing
Goodnight Midstream Promotes Grant Adams to CEO
April 25, 2023
Goodnight Midstream, a portfolio company of Tailwater Capital, has promoted Grant Adams to CEO. Goodnight’s current CEO, Patrick Walker, will continue to serve as an active member of Goodnight’s board of directors upon completion of the CEO transition process. “Goodnight’s
U.S. Drillers Add Oil and Gas Rigs for First Time in Four Weeks
April 24, 2023
U.S. energy firms last week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator
Jim Mugford Joins IPS as Executive VP, Clean Power in Gulf, Mountain, and West Regions
April 24, 2023
Integrated Power Services (IPS) has named Jim Mugford executive vice president of Clean Power in the Gulf, Mountain, and West Regions. Jim Mugford as enjoyed a remarkable 30-plus-year career in the electromechanical and rotating equipment Industry. A native of Calgary,
EPA Releases Framework for Implementation of $27 Billion Greenhouse Gas Reduction Fund
April 24, 2023
The U.S. Environmental Protection Agency (EPA) released new details about the design of the $27 billion Greenhouse Gas Reduction Fund (GGRF), a first-of-its-kind, national-scale competitive grant program created by the Inflation Reduction Act. This program, part of the Investing in
West Virginia Hydrogen Hub Project Submits Federal Application
April 24, 2023
A coalition of natural gas and clean energy companies have taken the next steps in their plan to secure federal backing for a hydrogen hub project. Members of the West Virginia Hydrogen Hub Coalition including U.S. Sens. Joe Manchin, Shelley
Venture Global Raises Roof on Second Storage Tank at Plaquemines LNG Export Facility, Louisiana
April 21, 2023
Venture Global LNG has successfully raised the roof of the second LNG storage tank at the Plaquemines LNG export facility in Plaquemines Parish, Louisiana. This major project milestone was completed ahead of schedule and comes just seven weeks after the
EPA Agrees to Reconsider Oil and Gas Emission ‘Loopholes’
April 21, 2023
The U.S. Environmental Protection Agency has agreed to strengthen pollution regulations for certain oil and gas facilities and equipment after environmental groups complained the standards hadn’t been updated in more than a decade. In a consent decree approved on Monday
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