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NEWS Click on text to read news by category: General | Product | People | Worldwide

Biden Issues First Veto that Would Ban ESG Focused Investment Decisions

March 27, 2023

President Joe Biden issued the first veto of his presidency Monday in an early sign of shifting White House relations with the new Congress since Republicans took control of the House in January — a move that serves as a

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Why ‘Climate Alarmism’ is Seen by Many in Developing World as Economic Threat

March 27, 2023

The Earth is warming, and while many worry about the potential consequences of the change, it is not unprecedented or dangerous, and will be a net benefit for humanity, Vijay Jayaraj said. Numerous figures in the mainstream media have pushed

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Yes, It’s Real: Joe Biden’s Department of Energy Just Moved to Ban Nearly All Gas Stoves

March 27, 2023

Yes, the Biden administration is coming for your gas stove. The legacy media and the Left attempted to brush off the initial gas stove controversy and outcry from the Right as nothing more than an unsubstantiated, irrational conspiracy theory. The

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GE’s Direct Air Capture Project Moves to Large-Scale Testing Phase

March 24, 2023

Following successful testing of its first Direct Air Capture (DAC) prototype unit for carbon dioxide (CO2) removal in the lab, GE said it is planning larger scale demonstrations in 2024. GE Research and the GE Vernova business have been partnering

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Freehold Royalties Promotes Rob King to COO, Susan Nagy to VP Business Development

March 24, 2023

Freehold Royalties Ltd. has made two internal promotions within the company’s executive team. Effective April 1, 2023, Rob King will be appointed as chief operating officer and Susan Nagy will be appointed as vice president, Business Development. “We have evolved

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Hi-Crush to Deploy Mobile Frac Sand Unit with Pioneer Natural Resources in the Permian Basin

March 24, 2023

Hi-Crush Inc. has entered into an agreement with Pioneer Natural Resources to deploy Hi-Crush’s sixth OnCore mobile mining unit to supply frac sand for use in Pioneer’s well completions activity in the Midland Basin. This will be Hi-Crush’s second OnCore

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BOEM to Publish Proposed Notice of Gulf of Mexico September Oil and Gas Lease Sale

March 23, 2023

The Bureau of Ocean Energy Management (BOEM) will publish the proposed notice of sale (PNOS) for an oil and gas lease sale in the Gulf of Mexico, which is scheduled to be held in September 2023. Gulf of Mexico oil

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Enbridge to Acquire Tres Palacios Gas Storage Facility for $335 Million, Texas

March 23, 2023

Canadian pipeline operator Enbridge said it would buy a gas storage facility in Tres Palacios in the U.S. Gulf of Mexico coast region for $335 million to strengthen its liquefied natural gas (LNG) export business. The deal looks to tap

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Deutsche Bank Tightens Finance Policy on Coal, but Not on Oil and Gas

March 23, 2023

Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists. Financial firms are under pressure from policymakers and investors to reduce the scale

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Sempra Reaches FID on $13 Billion Port Arthur LNG Project, Closes JV with ConocoPhillips Affiliate

March 22, 2023

Sempra’s 70 percent owned subsidiary, Sempra Infrastructure Partners, reached a positive final investment decision (FID) for the development, construction, and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra Infrastructure closed its joint venture with

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