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Baker Hughes Forms Digital Collaboration with Corva to Enhance Well Construction Efficiency
February 22, 2023
Baker Hughes entered a strategic investment and collaboration agreement with Corva. Corva a Houston-based company that delivers cloud-based well construction digital solutions, to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle. Corva
API Promotes Holly Hopkins to Vice President of Upstream Policy
February 22, 2023
The American Petroleum Institute (API) has promoted Holly Hopkins to vice president of Upstream Policy. In this role, Hopkins will lead API’s efforts concerning the legislative and regulatory issues surrounding the exploration and production of oil and natural gas. Hopkins,
U.S. LNG Producers Poised to Leapfrog Rivals With Three New Projects
February 21, 2023
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world’s largest LNG exporter for years to
IER Report Shows Restricting Domestic Oil, Gas Production Leads to Negative Environmental Outcomes
February 21, 2023
The Institute for Energy Research has released a new report comparing the environmental quality of the major oil-producing countries. For many years there has been a political movement centered in North America and Europe seeking to halt oil and gas
House Committee Sees First-hand How Energy Communities Matter
February 21, 2023
Members of the House Energy & Commerce Committee continued their travel to Midland to see first-hand how the region’s oil and gas industry affects local economics and what impact expanding energy production — or lack of expansion — would have
BP Products North America to Acquire TravelCenters of America for $1.3 Billion
February 21, 2023
BP Products North America Inc., a wholly-owned indirect subsidiary of bp, has reached an agreement to purchase TravelCenters of America (TA). The acquisition, which is subject to regulatory and TravelCenters of America shareholder approval, will be for $1.3 billion in
Shell and Equinor Start Production at Vito Deepwater Oilfield, U.S. Gulf of Mexico
February 20, 2023
Shell, through its subsidiary Shell Offshore, and Equinor have commenced production at the Vito deepwater oilfield in the U.S. Gulf of Mexico (GoM), less than five years after making a final investment decision. The deepwater field, which was discovered in
ExxonMobil to Deploy Honeywell’s Carbon Capture Technology at Its Baytown Complex, Texas
February 20, 2023
Honeywell said ExxonMobil will deploy one of Honeywell’s carbon capture technologies — Honeywell’s CO2 Fractionation and Hydrogen Purification System — at its integrated complex in Baytown, Texas. This technology is expected to enable ExxonMobil to capture about 7 million tons
U.S. Oil & Gas Rig Count Falls for Second Time in Three Weeks
February 20, 2023
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in three weeks, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas
Plains All American Completes $367M Divestiture of Interest in Keyera Fort Saskatchewan Facility
February 17, 2023
Plains All American, through its wholly owned subsidiary Plains Midstream Canada, has closed the transaction to sell its non-operated ownership interest in the Keyera Fort Saskatchewan facility to Keyera for approximately $367 million. The transaction was completed at an attractive
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