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PHX Minerals Adds to Growing Haynesville Inventory with Latest $5.1 Million Acquisition
May 13, 2022
PHX Minerals Inc. has made a mineral and royalty acquisition targeting the Haynesville play in East Texas and Louisiana. PHX has agreed to acquire approximately 506 net royalty acres for aggregate consideration of $5,100,000 in cash from a private seller
88 Energy Acquires Stake in Longhorn Oil and Gas Assets for $9.7 Million
May 13, 2022
88 Energy has announced the purchase of a 73 percent average net working interest in Longhorn oil and gas assets in the Permian Basin, onshore Texas. The Longhorn project consists of established conventional oil and gas production assets with a
New Fortress Energy Files Permit Application to Build Offshore LNG Liquefaction Terminal, Louisiana
May 13, 2022
New Fortress Energy, together with its affiliates NFE, has filed applications with the U.S. Maritime Administration, the U.S. Coast Guard, and U.S. Department of Energy to request all necessary permits and regulatory approvals to site, construct, and operate a new
Grid Managers and Utilities Struggle as Grid Reliability Crisis Continues to Deepen
May 12, 2022
The grid reliability crisis continues to deepen and spread. Warnings about capacity shortfalls and blackouts are so frequent and ubiquitous they are as regular as a utility bill. Just this week, The Wall Street Journal found that, “from California to
Crescent Energy Closes Acquisition of Uinta Basin Assets for $690 Million
May 11, 2022
Crescent Energy Company has closed on its previously reported acquisition of Uinta Basin assets. Total cash consideration at closing was approximately $690 million. “We are excited to close this highly accretive transaction and expand our Rockies position. We were able
FERC Approves Change to Mountain Valley Pipeline Plan
May 11, 2022
Following a string of permit setbacks, federal regulators have approved the Mountain Valley pipeline’s request to change the crossing method for about 180 bodies of water and wetlands, a decision quickly panned by project opponents. The Federal Energy Regulatory Commission,
ExxonMobil Receives Top Certification for Methane Emissions Management for Natural Gas from Permian
May 11, 2022
ExxonMobil said approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received the top grade for methane emissions management. The certification from MiQ
Link Manufacturing Opens Facilities in Iowa and Michigan
May 11, 2022
Link Manufacturing has officially opened two new facilities. Link’s 50,000-square-foot Plant 4 manufacturing and training facility is located on the company’s Sioux Center, Iowa, campus, and its new Suspension Controls Engineering Center is located in Grand Rapids, Michigan. Both locations
SEC Extends Deadline to Weigh in on Climate Risk Proposal
May 10, 2022
The Securities and Exchange Commission (SEC) extended how long the public will have to weigh in on a proposal that would require companies to reveal their vulnerabilities and contributions to climate change. In a Monday press release, the SEC said
Biden Sidelined Global Energy Partners with Record Emergency Oil Release
May 9, 2022
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter.
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