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Evolution Petroleum Closes Acquisition of Exaro’s Natural Gas Assets in Jonah Field, Wyoming
April 12, 2022
Evolution Petroleum has closed on its transaction to acquire non-operated natural gas assets in the Jonah Field in Sublette County, Wyoming from privately-owned Exaro Energy. The net purchase price for the transaction was $26.2 million. The acquisition includes an average
OPEC Tells EU It’s Not Possible to Replace Potential Russian Oil Supply Loss
April 12, 2022
OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signaled it would not pump more.
U.S. Shale Gas, LNG Firms Meet with European Countries Over Supply Crisis
April 12, 2022
At least a dozen U.S. shale gas executives last week held discussions with European energy officials on increasing U.S. fuel supplies to Europe as part of efforts to replace Russian imports. At the meetings in Houston, foreign affairs, economic ministers,
TotalEnergies Approves Cameron LNG Expansion to Increase Liquefied Natural Gas Production, Louisiana
April 11, 2022
TotalEnergies has signed a heads of agreement (HOA) with Sempra Infrastructure, Mitsui & Co., and Japan LNG Investment for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, U.S. This expansion project
Canada Approves Equinor’s Offshore Bay du Nord Oil Project in Flemish Pass
April 11, 2022
The Canadian government has accepted the Impact Assessment Agency of Canada’s recommendation that Equinor’s offshore Bay du Nord oil project is not expected to cause considerable adverse environmental impact when mitigation steps are considered. The oil production project is located
Summit Carbon Solutions Secures Additional $100M to Advance Its Carbon Capture and Storage Project
April 8, 2022
Summit Carbon Solutions has received an additional investment from Tiger Infrastructure Partners, an original founding investor of Summit Carbon Solutions and a member of its board of directors, bringing Tiger’s total commitment to the company to $100 million. Including the
Petro-Hunt Acquires Delaware Basin Assets from Admiral Permian Resources
April 8, 2022
Petro-Hunt ecently picked up Delaware Basin assets from Admiral Permian Resources, Dallas-based Petro-Hunt said in a company release on March 9. According to the release, Petro-Hunt Permian, a fully owned subsidiary of the company, completed the acquisition of the Delaware
Southwest Gas Rebrands Questar as MountainWest Pipelines
April 8, 2022
Southwest Gas Holdings’ Dominion Energy Questar Pipeline subsidiaries have been rebranded as MountainWest Pipelines. Dominion Energy Questar Pipeline is now MountainWest Pipeline. MountainWest Pipelines is an essential Rocky Mountain energy hub with more than 2,000 miles of highly contracted, FERC-regulated
Vitol and Management of ATX Energy Partners Form New Company VTX Energy Partners
April 8, 2022
Vitol and the management of ATX Energy Partners have formed a new company, VTX Energy Partners. VTX will seek to acquire, develop, and operate large-scale upstream assets in established U.S. lower 48 basins. The company will target opportunities with established
U.S. Senator McConnell Asks FERC to Kill Climate Rule for Pipelines
April 6, 2022
Senate Minority leader Mitch McConnell called on federal regulators to kill new requirements to consider the greenhouse gas emissions of natural gas pipelines before approving construction, saying the rule hinders gas exports to Europe at time that European allies need
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