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U.S. Drillers Add Oil and Gas Rigs for Seventh Week in a Row
May 9, 2022
U.S. energy firms last week added oil and natural gas rigs for a seventh week in a row amid high prices and prodding by the government, although most shale producers were prioritizing shareholder returns over new spending on production. The
DOE Launches $2.3 Billion Notice of Intent to Cut U.S. Carbon Pollution
May 9, 2022
The U.S. Department of Energy (DOE) announced more than $2.3 billion for three efforts to advance diverse carbon management approaches that reduce carbon dioxide (CO2) pollution, address the impacts of climate change, and create good-paying jobs while prioritizing community engagement
EPA and Army Host Midwest-Focused Virtual Regional WOTUS Roundtable
May 9, 2022
The U.S. Environmental Protection Agency (EPA) and U.S. Department of the Army (Army) (together, the agencies) will host a virtual Midwest-focused regional roundtable on “waters of the United States” (WOTUS) on May 9, 2022, from 9:30 a.m. to 12:00 p.m.
Rising Phoenix Royalties Acquires Royalty Interest in SCOOP/Woodford Basin
May 6, 2022
Rising Phoenix Royalties (RPR) has purchaseed an overriding royalty interest from an undisclosed seller in the SCOOP/Woodford Basin, located in McClain County, Oklahoma. EOG Resources is the well-site operator. “This acquisition was an opportunity for us to expand our position
U.S. Senate Committee Passes Antitrust Bill Pressuring OPEC
May 6, 2022
A U.S. Senate committee passed a bill on Thursday that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for collusion on boosting crude oil prices. The No Oil Producing or Exporting Cartels (NOPEC) bill sponsored
Germany Ramps Up Capacity for LNG Imports to Replace Russian Gas
May 6, 2022
Germany on Thursday took steps to ramp up liquefied natural gas (LNG) imports as it moves away from piped Russian supply, lining up charters for four floating storage and regasification units (FSRUs) and choosing the North Sea port of Wilhelmshaven
NEXT Carbon Solutions and California Resources Corporation Agree to FEED Study
May 5, 2022
NEXT Carbon Solutions (NCS), a subsidiary of NextDecade Corporation and California Resources Corporation (CRC) have executed an agreement to further explore the decarbonization of CRC’s Elk Hills Power Plant. Through the deployment of NCS’ proprietary post-combustion carbon capture processes for
MPLX JV Reaches Final Investment Decision to Advance Whistler Pipeline Expansion
May 4, 2022
MPLX, WhiteWater Midstream, and a joint venture between Stonepeak Infrastructure Partners and West Texas Gas have reached a final investment decision to move forward with the expansion of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers.
Coterra and Devon Study New LNG Opportunities
May 4, 2022
Shale producers Coterra Energy and Devon Energy said they were evaluating new opportunities tied to liquefied natural gas (LNG) but warned of a “crowded” market and challenging economics. Demand for U.S. LNG has boomed in recent months, driven by shortages
Civitas Resources Names Chris Doyle President and Chief Executive Officer
May 3, 2022
Civitas Resources has named Chris Doyle its next president and chief executive officer, effective May 2, 2022. Chris Doyle has more than 25 years of domestic and international experience in exploration and production (E&P) and midstream gathering and processing –
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