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BLM Seeks Public Comment on New Mexico Oil and Gas Leases
January 12, 2023
More New Mexico land is under consideration for oil and gas development. But before 19 parcels of land are offered up to developers, the U.S. Bureau of Land Management (BLM) is taking relevant public comment. The land parcels are located
Leading U.S. Natural Gas Companies Establish Appalachian Methane Initiative
January 12, 2023
A group of leading U.S. natural gas operators today launched the Appalachian Methane Initiative (AMI), a coalition committed to further enhancing methane monitoring throughout the Appalachia Basin and facilitating additional methane emissions reductions in the region. Enhancing methane emissions monitoring
DOE Calls for Applications for Deployable Solutions to Secure America’s Power Grid
January 12, 2023
The U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) released a call for applications for the second cohort of the Clean Energy Cybersecurity Accelerator (CECA) program. The program brings together federal experts, energy industry representatives, and
Norway Offers 47 New Offshore Production Licences to 25 Oil Companies
January 12, 2023
Norway’s Ministry of Petroleum and Energy has offered 47 new production licenses on the Norwegian continental shelf, as part of the licensing round APA 2022. According to the Ministry’s statement, the awards in predefined areas (APA) is an annual exploration
ExxonMobil to Divest Stake in Esso Thailand to Bangchak for $603 Million
January 12, 2023
ExxonMobil has agreed to sell the stake of 65.99 percent held by its affiliate ExxonMobil Asia in Esso Thailand to Bangchak (BCP) for $603 million. Esso Thailand is an integrated petroleum refining, petrochemical, and marketing firm in Thailand. The deal
Biden Admin Quietly Admits Canceling Keystone XL Pipeline Cost Thousands of Jobs,Billions of Dollars
January 9, 2023
The Biden administration published a congressionally mandated report highlighting the positive economic benefits the Keystone XL Pipeline would have had if President Biden didn’t revoke its federal permits. The report, which the Department of Energy (DOE) completed in late December
U.S. Drillers Cut Most Rigs in a Week Since September 2021
January 9, 2023
U.S. energy firms this week cut seven oil and natural gas rigs in their biggest weekly decline since September 2021, energy services firm Baker Hughes Co said in its closely followed report on Friday. The U.S. oil and gas rig
MSA Safety Divests Its Subsidiary Holding Legacy Liabilities
January 9, 2023
Global safety equipment manufacturer MSA Safety has divested a wholly owned subsidiary that holds legacy product liability claims relating to coal dust, asbestos, silica, and other exposures, to a joint venture between R&Q Insurance Holdings and Obra Capital. In connection
Williams to Acquire MountainWest Pipeline System from Southwest Gas for $1.5 Billion
January 6, 2023
Williams has reached an agreement to acquire MountainWest Pipelines Holding Company from Southwest Gas Holdings in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion. MountainWest comprises roughly 2,000-miles
Tallgrass to Acquire Ruby Pipeline for $282.5 Million
January 6, 2023
Tallgrass has entered into an agreement to acquire the Ruby Pipeline. The acquisition of this asset provides access to established markets, an additional ~1.5 bcf/d of natural gas capacity to the company’s portfolio and immediate and strong cash flow to
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