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Gas Starts to Flow to Freeport LNG Export Plant, Texas
January 20, 2023
Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data. U.S. LNG exports have been steadily increasing for years and
Chesapeake to Sell Brazos Valley Acreage in Eagle Ford to WildFire Energy for $1.4 Billion
January 19, 2023
Chesapeake Energy Corporation has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy for $1.425 billion. “Today marks an important step on our path to exiting the Eagle Ford as we
Shell USA to Acquire EV Charging Firm Volta for $169 Million
January 19, 2023
Volta Inc. has executed a definitive merger agreement where Shell USA will acquire Volta in an all-cash transaction valued at approximately $169 million. The transaction brings Volta’s powerful dual charging and media network to Shell’s established brand and seeks to
Halliburton Labs Welcomes Three New Companies to Its Energy Tech Accelerator
January 19, 2023
Halliburton Labs has introduced Matrix Sensors, Renew Power Systems (RPSi), and SunGreenH2 as the newest participants in its clean energy accelerator. The move is part of Halliburton Labs’ ambition to advance clean energy innovation. Halliburton Labs helps early-stage companies increase
WhiteHawk Energy to Acquire Haynesville Shale Natural Gas Mineral and Royalty Assets for $105M
January 18, 2023
WhiteHawk Energy has entered into a definitive agreement (Haynesville agreement) to acquire up to $105 million of natural gas mineral and royalty assets primarily located in northwestern Louisiana (Haynesville royalties). The Haynesville royalties are focused in the core of the
ONEOK Files Permit Application for Permian-Mexico Connector Pipeline
January 18, 2023
ONEOK said its Saguaro Connector Pipeline subsidiary has filed a presidential permit application with the Federal Energy Regulatory Commission (FERC) to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and
Phillips 66 to Acquire Public Units of DCP Midstream for $3.8 Billion
January 18, 2023
Phillips 66 and DCP Midstream have entered into a definitive agreement to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit, increasing
High Arctic Energy Services Completes $28 Million Sale of Its Canadian Well Servicing Business
January 18, 2023
High Arctic Energy Services has closed the sale of its Canadian well servicing business on receipt of the final cash payment of $28 million. The well servicing transaction was announced by the corporation on July 18, 2022 with an effective
Tallgrass Releases Series of Initiatives to Protect Louisiana Coastline and Communities
January 18, 2023
Tallgrass has entered into an agreement with the Louisiana Coastal Protection and Restoration Authority (CPRA) for the sale of over 500 acres of property in Plaquemines Parish, Louisiana, to advance Governor John Bel Edward’s efforts to restore the state’s eroding
BP Doubles Oil Production From Its Thunder Horse Project, Gulf of Mexico
January 17, 2023
BP doubled crude oil production from its Thunder Horse project in the deepwater Gulf of Mexico, per a report by Reuters. For the first time in more than a year, production at the platform increased to more than 200,000 barrels of
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