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Senator Manchin Releases Permitting Bill to Speed Up Energy Projects
September 27, 2022
U.S. Senator Joe Manchin on Wednesday released an energy permitting bill to speed approvals for natural gas pipelines and power transmission for renewable energy, legislation that some fellow Democrats criticized and will likely need to be amended in order to
U.S. Drillers Add Oil and Gas Rigs for Second Week in a Row
September 26, 2022
U.S. energy firms this week added oil and natural gas rigs for a second week in a row even as the rig count was on track to fall for a second consecutive month as supply chain disruptions and inflation continue
Silver Hill Energy Partners Closes $1.02 Billion Fund
September 26, 2022
Silver Hill Energy Partners has closed the franchise’s third partnership and first institutional private equity fund, Silver Hill Energy Partners III, representing total capital commitments of $1.2 billion. The partnership has formed Silver Hill Energy Partners III, Silver Hill III
APA Corporation Taps GHD for Third-party Emissions Verification
September 26, 2022
APA Corporation has engaged GHD, a privately-owned global professional services company specializing in the implementation and verification of sustainability projects. This engagement underpins APA’s commitment to protecting the environment, which includes an all employee compensation-linked goal announced earlier this year
Strathcona Signs $1.8 Billion Deal to Acquire Canadian Heavy Oil Producer Serafina
September 23, 2022
Canada-based Strathcona Resources has reportedly signed a deal worth C$2.3 billion ($1.8 billion) to acquire Serafina Energy, a producer of thermal heavy oil in the Canadian province of Saskatchewan. The deal is expected to close later this month, reported Reuters,
U.S. Oil, Gas Leasing Faces Another Hurdle as Dems Float Bill to Align Policy with Climate Goals
September 22, 2022
Democratic U.S. House members Sept. 20 sought another pause on federal oil and natural gas leasing to allow further analysis on the impact fossil fuel development on public lands and waters has on U.S.’ ability to meet its emissions reduction
Permian Basin Fighting EPA on Potential Non-attainment Proposal to Halt Some Oil, Gas Production
September 22, 2022
The Environmental Protection Agency is attempting to use air quality measurements in New Mexico to potentially reclassify the Texas portion of the Permian Basin as a non-attainment area due to ozone air pollution issues. Some people say that if this
Gulf of Mexico Operator QuarterNorth Energy Explores Potential Sale
September 22, 2022
QuarterNorth Energy, an oil and gas producer in the U.S. Gulf of Mexico, is exploring a potential sale that could value the company at more than $2 billion, including debt. The company is working with an investment bank, reviewing strategic
DOI Goes Against Native Americans in Crackdown on Oil Leasing Near Indigenous Site
September 22, 2022
The Biden administration is expected to soon finalize a rule banning oil and gas leasing near a Native American historical site despite heavy opposition from local Indigenous leaders, who say the administration’s rule would prevent them from collecting royalties on
Fossil Fuel Registry Launched to Help Spot ‘Stranded Assets’
September 21, 2022
Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global registry of oil and gas reserves, production and emissions with data for more than 50,000 fields. The database makes previously disparate or hard-to-access data publicly
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