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Diversified Energy Deploys Innovative Emissions Equipment
April 22, 2022
Diversified Energy Company said its recent acquisition of the OpGal EyeCGas 2.0, with companion EyeCSite Tablet software, and the Semtech Hi-Flow 2 sampler, both state-of-the art emissions measurement devices that position Diversified as the first company in the U.S. to
Midcoast Energy to Divest East Texas Pipeline Assets
April 22, 2022
Midcoast Energy, a company of ArcLight Capital Partners, is reportedly planning to sell its pipeline assets in the East Texas, to raise around $2 billion, including debt. The US-based natural gas midstream operator is working with an investment bank for
Midstream Companies Launch Collaboration to Deploy Advanced Monitoring Technologies, Protocols
April 21, 2022
Cheniere Energy has launched a collaboration with natural gas midstream companies, methane detection technology providers, and leading academic institutions to implement quantification, monitoring, reporting and verification (QMRV) of greenhouse gas (GHG) emissions at natural gas gathering, processing, transmission, and storage
Earthstone Closes on Bighorn Permian Resources’ Midland Basin Assets
April 21, 2022
Earthstone Energy has closed the acquisition of assets of privately held Bighorn Permian Resources in the Midland Basin. The company also closed on a $550 million private offering of senior unsecured notes, a $280 million private placement of equity (PIPE),
ConocoPhillips Challenges Permit for Santos’ Alaska Oil Project
April 21, 2022
ConocoPhillips is challenging a land use permit issued by the state of Alaska that may block the development of Santos’ $3 billion Pikka project, the biggest new oil project on Alaskan land in decades. The appeal marks the latest move
Cheniere Energy Exec Says Surging U.S. Natgas Prices Will Spur Production
April 21, 2022
Top U.S. liquefied natural gas producer Cheniere Energy on Thursday said surging U.S. natural gas prices reflect past underinvestment followed by “a demand shock” as Europe seeks to wean itself from Russian gas, and that high prices will spur more
Interior Department Reforms Onshore Oil and Gas Lease Sales
April 20, 2022
In compliance with an injunction from the Western District of Louisiana, the Department of the Interior is taking action that reflects the balanced approach to energy development and management of our nation’s public lands called for in the agency’s November
BLM Prioritizes Protecting Montana’s Pronghorn when Determining New Oil, Gas Leases
April 20, 2022
Companies are set to bid on eight parcels of Montana’s public lands as part of an oil and gas lease auction scheduled for June. In Montana, the Bureau of Land Management put up parcels for bid in Fallon, Powder River,
CNOOC Weighs Exiting Operations from U.S., UK, and Canada
April 20, 2022
China National Offshore Oil Corp. (CNOOC) is planning to exit its operations from Canada, UK, and U.S. over concerns of possible sanctions on its assets. The state-owned oil and gas producer is looking at divesting “marginal and hard to manage”
Southwest Gas Board to Explore Sale and Other Strategic Alternatives
April 19, 2022
Southwest Gas said that its board of directors has authorized exploring a range of strategic alternatives for the company, including a sale, with an aim to maximize stockholder value. The move comes after the U.S.-based gas utility received an indication
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