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Oil Firms Eye $11 Billion Canada Fund to Match Biden’s Subsidies
January 25, 2023
Oil-sands companies see a chance to secure a steady stream of government aid as Prime Minister Justin Trudeau pledges to keep Canada competitive with the massive clean-energy subsidies on offer in the U.S. Firms including Suncor Energy Inc. and Cenovus
Harvest Midstream, Interior Gas Utility Execute Long-term Agreement to Deliver LNG to Fairbanks
January 25, 2023
Harvest Midstream has executed a long-term agreement with Interior Gas Utility (IGU) to construct a natural gas treating, liquification, and truck loading facility near Deadhorse, Alaska. “We are pleased to be investing in a project that utilizes North Slope gas
Ohio Oil and Gas Association Appoints Its First Female Chairman Amanda Finn
January 25, 2023
Amanda Finn, director of external affairs at Ascent Resources in Cambridge, was elected the 38th chairman of the Ohio Oil and Gas Association. She is the youngest individual to serve in this role, as well as the first female and
HighPeak Energy Explores Possible Sale of Company
January 24, 2023
HighPeak Energy, an oil-focused exploration and production company operating in the heart of the Permian basin, said on Monday it would explore strategic options including possible sale of the company. U.S. energy producers have enjoyed stellar returns in the last
Floating LNG Terminal Arrives at Brunsbüttel, Increases German Liquid Gas Import Capacity
January 24, 2023
On January 20, the floating liquefied natural gas terminal Hoegh Gannet arrived at Brunsbüttel’s Elbehafen port near Hamburg. In the near future, liquid gas from LNG carriers can be regasified and then fed into the German gas network via this
Harvest Midstream to Acuire Phillips 66 Belle Chasse Terminal, Louisiana
January 23, 2023
Phillips 66 is selling a crude oil terminal in Louisiana, which used to be a refinery, to a fellow Houston-based company. Harvest Midstream, an affiliate of Houston-based oil and gas production company Hilcorp Energy Co., has agreed to purchase Phillips
NextDecade’s Rio Grande LNG Project Wins Environmentalists’ Challenge in Appeals Court
January 23, 2023
A U.S. federal appeals court has dismissed environmentalists’ challenge to the Clean Water Act permit issued by the U.S. Army Corps of Engineers to NextDecade’s Rio Grande LNG project and its associated pipeline in south Texas. The 5th U.S. Circuit
NextDecade and Itochu Corp. Execute LNG Sale and Purchase Agreement
January 20, 2023
NextDecade Corporation has executed a 15-year sale and purchase agreement (SPA) with Itochu Corporation for the supply of liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG (RGLNG) export project in Brownsville, Texas. Under the SPA, ITOCHU will purchase 1.0
Canadian Province of B.C. and Blueberry River First Nations Reach Montney Shale Play Deal
January 20, 2023
The Canadian province of British Columbia (B.C.) announced a land, water and resource management agreement with the Blueberry River First Nations Indigenous group on Wednesday that will restart development in the vast Montney shale play, but also limit new oil
FERC Sticks to Market Facts in Approving Transco’s Gas Pipeline Expansion
January 20, 2023
Marcellus Shale gas producers may soon see a new outlet for the region’s plentiful natural gas after the Federal Energy Regulatory Commission (FERC) granted Williams Companies permission to expand the capacity of its Transco pipeline in Pennsylvania and in neighboring
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