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New Program Helps Finance Nicor’s New Natural Gas Pipeline in Kankakee County, Illinois
March 1, 2023
Hopkins Park, 65 miles from Chicago in Kankakee County, has gone decades without access to natural gas for heating their homes, but thanks to a new partnership between governments and Nicor, those pipelines will finally run to Pembroke Township. The
Canadian Oil Firm Whitecap Resources to Sell Non-strategic Assets for $306 Million
March 1, 2023
Whitecap Resources, a Canada-based oil-weighted company, revealed that it has signed three agreements to sell some of its non-strategic assets for a total consideration of C$419 million ($306.6 million). The company didn’t disclose the location of the assets involved in
CNX and ICE Thermal Harvesting Launch Pilot Program Generating Zero-Emission
March 1, 2023
CNX Resources and ICE Thermal Harvesting have partnered on a pilot project to generate 100 percent emission-free, locally-sourced power for use in CNX’s operations. Underway at CNX’s Dry Ridge compressor station in West Virginia, Phase One of the project captures
FirstEnergy to Sell Additional Stake in Transmission Business to Brookfield for $3.5 Billion
March 1, 2023
U.S.-based electric utility FirstEnergy has agreed to divest an additional 30 percent stake in its FirstEnergy Transmission business to Brookfield Super-Core Infrastructure Partners in an all-cash deal worth $3.5 billion. FirstEnergy Transmission serves as the holding company for three of
Suncor Adds a High Tech System to Improve Mine Safety
March 1, 2023
Jason Mercer has operated heavy equipment in mines for more than two decades, with the last 17 years at the Aurora mine, about 75 kilometers northeast of Fort McMurray, Alta. And the straight-talking miner sees Suncor’s new collision awareness system
ERIKS North America Appoints Michael Pastore as Chief Operating Officer
March 1, 2023
ERIKS North America has appointed Michael Pastore as its chief operating officer. “We are thrilled to have Michael join our team as COO. His track record of success driving operational excellence makes him a valuable asset to our organization. We
Baytex to Acquire Eagle Ford Operator Ranger Oil for $2.5 Billion
February 28, 2023
Baytex Energy Corp. has entered into a definitive agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company. The total consideration to be paid by Baytex, including assumption of net debt, is approximately US$2.5 billion (C$3.4 billion). The
In New Subcommittee Role, U.S. Rep. Stauber Aims for Permitting Reform, Oversight of Biden
February 28, 2023
U.S. Rep. Pete Stauber was named chair of the Energy and Mineral Resources Subcommittee earlier this month. The subcommittee, under the umbrella of the House Committee on Natural Resources, has jurisdiction over energy production on federal lands, both on and
Chevron to Install New Technologies Aboard Its Vessels to Lower Carbon LNG Fleet
February 28, 2023
Chevron Corporation, through its subsidiary Chevron Shipping Company, has entered into an agreement with Sembcorp Marine Repairs & Upgrades, a wholly owned subsidiary of Sembcorp Marine, intending to reduce the carbon intensity of their LNG fleet operations. Under the agreement,
Bentley Systems Founder Keith Bentley to Retire, Julien Moutte Promoted to Chief Technology Officer
February 28, 2023
In April 2023 founder Keith Bentley will step down as chief technology officer to assume the role of technology advisor through his anticipated retirement later in the year. Bentley will continue his service on Bentley Systems’ board of directors. His
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