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Biden Moves to Ban Oil and Gas Leases for 20 Years in Nevada, Just Weeks Before Trump Inauguration
January 3, 2025
The Biden administration is attempting to implement last-minute restrictions on oil and gas drilling in the west just weeks before President-elect Donald Trump’s inauguration. On Monday, the Department of the Interior announced plans to pursue a 20-year ban on oil
Baker Hughes Secures Liquefaction Equipment Order for Woodside Louisiana LNG
January 3, 2025
Baker Hughes has secured an order from Bechtel Energy to supply gas technology equipment for two liquefaction plants with a total capacity of approximately 11 MTPA for phase 1 of Woodside Energy Group’s Louisiana LNG development opportunity. The order marks
The Future is Bright for U.S. LNG as 2024 Concludes
December 30, 2024
Venture Global LNG began shipping initial cargoes from its new liquefied natural gas export plant in Louisiana last week, marking the startup of operations in what will eventually become the biggest LNG export facility in the United States if all
Fervo Energy Secures $255 Million in Funding for Geothermal Projects
December 30, 2024
Fervo Energy has secured $255 million in new funding and capital availability as it continues to build the world’s largest enhanced geothermal systems (EGS) power development. The funding comprises both opportunistic corporate equity and new debt financing. Capricorn’s Technology Impact
Ormat Technologies Secures Land Parcels in Utah BLM Auction to Advance Future Geothermal Development
December 30, 2024
Ormat Technologies has successfully secured 1,678 acres in Utah’s Bureau of Land Management (BLM) auction. These lease acquisitions will significantly support Ormat’s ongoing operations and development projects in the state, further strengthening the company’s commitment to advancing renewable energy solutions
FERC Approves ALLETE’s $6.2 Billion Sale to Canada Pension Plan, Global Infrastructure Partners
December 27, 2024
ALLETE said the Federal Energy Regulatory Commission (FERC) approved the company’s proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP). “FERC’s approval of ALLETE’s proposed transaction with CPP Investments and GIP marks an important
Matador’s Stake in San Mateo JV Rises to $1.5 Billion After Pipeline Deal
December 27, 2024
Matador Resources has closed on its agreement where Matador contributed Pronto Midstream, Matador’s wholly-owned midstream subsidiary, to San Mateo Midstream for a total implied pre-closing valuation of Pronto of approximately $600 million. Upon completion of the transaction, San Mateo has
Energy Transfer Enters 20-year SPA with Chevron from Its Lake Charles LNG Project, Louisiana
December 27, 2024
Energy Transfer has entered into a 20-year LNG sale and purchase agreement (SPA) with Chevron U.S.A. related to its Lake Charles LNG project. Under the SPA, Energy Transfer LNG will supply 2 million tonnes of LNG per annum (mtpa) to
Surge Energy Closes on $9.5 Million Sale of Non-Core Assets in Alberta, Canada
December 23, 2024
Surge Energy has completed the sale of its gas weighted non-core assets in the Valhalla area of Alberta for cash proceeds of $9.5 million. Additionally, the purchaser has assumed all future abandonment and reclamation obligations (ARO) pertaining to the non-core
DOE Launches $500 Million Funding Opp to Build Safe, Reliable National Carbon Transport Network
December 23, 2024
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) said it is re-opening a funding opportunity to make up to $500 million available for projects that will help expand carbon dioxide (CO₂) transportation infrastructure across
