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NextDecade’s Rio Grande LNG Receives Non-FTA Export Authorization from U.S. DOE
February 12, 2020
NextDecade Corporation said that the U.S. Department of Energy (DOE) has issued an order granting authorization to export liquefied natural gas (LNG) from its Rio Grande LNG facility to non-free trade agreement (non-FTA) countries. In combination with a free trade
Seven Generations Energy and Quebec’s Énergir Join EO100 Standard for Responsible Energy Development
February 12, 2020
Seven Generations Energy Ltd. (7G) and Québec’s main natural gas distributor, Énergir, have entered into a responsible natural gas supply agreement governed by the EO100™ Standard for Responsible Energy Development. Globally, this is the first transaction executed under the EO100™
New Fortress Energy Signs Long-Term LNG Supply Agreement
February 12, 2020
New Fortress Energy has signed a long-term supply agreement for the purchase of 27.5 million MMBtu per annum of liquefied natural gas (LNG), or approximately 8 cargoes a year, at a price indexed to Henry Hub through January 2030. This
DOE, Homeland Security, DOD Partner on New Energy Sector Pathfinder Initiative
February 12, 2020
The U.S. Department of Energy (DOE), U.S. Department of Homeland Security (DHS), and U.S. Department of Defense (DoD) jointly signed a memorandum of understanding (MOU) to partner on a new Energy Sector Pathfinder initiative. The goals of this initiative are
Hunt Oil Seeks Latest Fortune in Permian Basin
February 11, 2020
Founded in in 1934, Hunt Oil Co. drilled its first oil wells in the Piney Woods of East Texas, and over the decades it developed projects around the globe. Closer to home, the independent and privately held Dallas oil company
Trump Proposes Selling Oil from Strategic Reserve to Fund Budget Plan
February 11, 2020
President Donald Trump has proposed selling 15 million barrels of oil from the U.S. emergency stockpile as part of his fiscal 2021 budget plan. The proposal, which requires approval from Congress, would use the proceeds of the sale to fund
Department of Energy Grant Powers Research on Natural-Gas Vehicle Storage Tanks
February 11, 2020
The United States possesses large reserves of natural gas, like Pennsylvania’s Marcellus Shale, but the fuel powers few of the country’s vehicles, due partly to storage limitations. Penn State researchers seek to overcome that hurdle by creating a less expensive
Smart Grid Provider GridBeyond Opens Office in Houston, Texas
February 11, 2020
Distributed Energy Resource Management – a leading European smart grid platform provider — opened its first U.S. office in Houston. The subsidiary, called GridBeyond, will focus energy markets throughout the United States, starting with the Electricity Reliability Council of Texas
Majors Management Acquires McPherson’s Retail Fuel Distribution Business
February 11, 2020
Majors Management, and its affiliates have announced the acquisition of 185 retail fuel supply contracts from The McPherson Companies of Birmingham, (McPherson). The McPherson portfolio increases Majors’ existing presence in Alabama, Florida, Mississippi, and Tennessee and enhances Majors’ relationships with
Wood Reaches Agreement to Sell Its Industrial Services Business for $104 Million
February 10, 2020
John Wood Group PLC announces today the sale of its industrial services business to technical services provider, Kaefer, for an initial cash consideration of circa $104 million and a further potential payment of up to circa $14m pending achievement of
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