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Locus Bio-Energy Solutions Launches FloBoost™ for Economical Solutions to Increase Efficiency of SWD
June 17, 2022
Locus Bio-Energy Solutions® is answering the oil & gas industry’s need for economical solutions to increase the efficiency of saltwater disposal (SWD). The oil innovation company launched FloBoost™, a line of biosurfactant-based SWD injectivity aids designed to reduce costs, boost
API Responds to President Biden’s Letter: Prioritize Unlocking U.S. Energy Resources
June 16, 2022
The American Petroleum Institute (API) released the following statement from API President and CEO Mike Sommers in response to a letter President Biden sent to oil refineries today. “While we appreciate the opportunity to open increased dialogue with the White
EnLink Midstream Chairman and CEO Barry Davis to Retire, Jesse Arenivas to Take the Helm
June 16, 2022
EnLink Midstream said that chairman and CEO Barry E. Davis will retire from EnLink, the company he led the founding of, after more than 25 years of leadership. Davis will step down from his position as chairman and CEO on
W.Va. Attorney General Leads State Coalition Against New SEC Climate Change Disclosures
June 16, 2022
West Virginia’s Attorney General said Wednesday that he has led a coalition of 24 states in filing formal comments regarding a U.S. Securities and Exchange Commission initiative that would require companies to make policy statements not related to financial performance.
Harold Hamm Launches $4.4 Billion Cash Offer to Take Continental Resources Private
June 15, 2022
Continental Resources’ board of directors has received a non-binding proposal letter, dated June 13, 2022, from Harold G. Hamm, on behalf of himself, the Harold G. Hamm Trust, and certain trusts established for the benefit of Mr. Hamm’s family members
Colorado Approves PDC Energy’s Kenosha Oil and Gas Development Plan Permit
June 15, 2022
PDC Energy said the Colorado Oil and Gas Conservation Commission (COGCC) approved the company’s Kenosha Oil & Gas Development Plan (OGDP) permit application. The Kenosha OGDP, which encompasses 69 wells on three pads in rural Weld County, Colorado, marks an
U.S. Agrees to $500 Million Loan Guarantee for Utah Hydrogen Storage Project
June 15, 2022
The U.S. Department of Energy said it has finalized a $504.4 million loan guarantee to help finance the world’s largest storage facility for hydrogen, a gas that can be produced with renewable power and used to generate electricity. Hydrogen can
Countries Mull Delaying New EU Carbon Market in Search of Climate Deal
June 15, 2022
European Union countries are considering a one-year delay to the launch of a new European carbon market for buildings and transport, pushing back the start to 2027, as they seek a compromise on more ambitious climate policies, draft documents show.
API Unveils Ten-Point Policy Plan to Restore U.S. Energy Leadership, Fuel Economic Recovery
June 14, 2022
The American Petroleum Institute (API) released a 10 in 2022 Plan — 10 policies that policymakers can advance today to unlock American energy, fuel economic recovery, and strengthen national security. As energy costs and geopolitical instability around the world continue
IPAA Leader Says Industry is Doing a Lot to Address Energy Concerns
June 14, 2022
Energy-related issues are gaining significant attention in the nation’s capital, and that’s compelling industry associations to increase their vigilance. “There’s so much going on in D.C.,” said Dan Naatz, senior vice president, government relations and political affairs with the Independent
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