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NEWS Click on text to read news by category: General | Product | People | Worldwide

DOE Returns $13 Billion in Unobligated Wasteful Spending to American Taxpayers

September 26, 2025

The U.S. Department of Energy announced its intention to return more than $13 billion in unobligated funds initially appropriated to advance the previous Administration’s wasteful Green New Scam agenda. This announcement reflects the administration’s commitment to halt wasteful spending and

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December 10: BLM to Hold Sale of Oil and Gas Leases in Utah

September 25, 2025

The Bureau of Land Management announced an oil and gas lease sale scheduled for December 10, 2025, to offer 46 oil and gas parcels totaling 68,203 acres in Utah. The BLM completed scoping on these parcels in May 2025 and

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BLM Seeks Initial Input for March 2026 Sale of Oil and Gas Leases in Utah

September 25, 2025

The Bureau of Land Management has opened a 30-day public scoping period to receive public input on 59 oil and gas parcels totaling 71,787 acres that may be included in a March 2026 lease sale in Utah. The comment period

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Deep Blue Midland Basin Acquires Diamondback’s Environmental Disposal Systems for $675 Million

September 24, 2025

Deep Blue Midland Basin and Five Point Infrastructure entered into an agreement for Deep Blue to acquire Environmental Disposal Systems (EDS) from Diamondback Energy, nearly doubling Deep Blue’s scale and advancing its leadership in sustainable produced water management. The EDS

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NextDecade, EQT Ink 20-Year LNG Deal for Rio Grande Train 5

September 24, 2025

NextDecade has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with EQT Corporation for offtake from Rio Grande LNG train 5. EQT will purchase 1.5 million tonnes per annum (MTPA) of LNG for 20 years on

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IPAA Appoints Edith Naegele as President and Chief Executive Officer

September 24, 2025

The Independent Petroleum Association of America (IPAA) board of directors has appointed Edith Naegele as the association’s new president and chief executive officer, effective September 22, 2025. The IPAA has more than 5,000 members who produce and develop oil and

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Oklahoma Gas Gathering Taps Bridger for Methane Detection Tech in Its Midstream Operations

September 23, 2025

Oklahoma Gas Gathering (OGG) launched a new initiative with Bridger Photonics to improve efficiency and safety across the operator’s Anadarko Basin midstream operations using Bridger’s advanced methane detection technology. The partnership highlights OGG’s commitment to reducing emissions and keeping gas

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Eni and Commonwealth Fusion Systems Sign $1 Billion+ Power Purchase Agreement

September 23, 2025

Eni and Commonwealth Fusion Systems (CFS) entered into a power offtake agreement worth more than $1 billion, expanding a longstanding strategic partnership between the companies to commercialize fusion power. The power purchase agreement (PPA) concerns Eni’s acquisition of decarbonized power

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CNX Resources Appoints Alan Shepard as Next Chief Executive Officer

September 22, 2025

CNX Resources said Alan Shepard, currently serving as president and chief financial officer, will assume the role of president and chief executive officer effective January 1, 2026. Shepard will succeed Nick Deiuliis, who will retire from his role as CEO

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Phillips 66 Acquires Cenovus’ 50% Stake in WRB Refinery JV for $1.4 Billion

September 22, 2025

Phillips 66 has entered into a definitive agreement to acquire the remaining 50 percent ownership interest in WRB Refining from subsidiaries of Cenovus Energy for total cash consideration of $1.4 billion. WRB Refining LP is a 50/50 joint venture between

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