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Imperial Oil Appoints Cheryl Gomez-Smith as Senior Vice President, Upstream
August 21, 2024
Imperial Oil said it has appointed Cheryl Gomez-Smith as senior vice president, Upstream. Ms. Gomez-Smith, currently director of safety and risk, ExxonMobil Global Operations and Sustainability, succeeds Simon Younger, who has been appointed lead country manager and general manager Australia
Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion
August 20, 2024
Quantum Capital Group and Caerus Oil and Gas have closed on a transaction where Quantum, via two separate portfolio companies, has acquired Caerus’ oil and gas operations for approximately $1.8 billion. Caerus is owned by a private investor group including
New Fortress Energy Resumes Production at Fast LNG Asset After Scheduled Maintenance Outage
August 20, 2024
New Fortress Energy said the scheduled maintenance outage of its 1.4 MTPA Fast LNG 1 asset located offshore Altamira, Mexico (FLNG) has been completed, and the FLNG unit has returned to production as scheduled this morning. This planned outage followed
BW LPG Acquires Very Large Gas Carriers from Avance Gas for $1 Billion
August 20, 2024
BW LPG Limited has entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd. The acquisition fleet comprises four 91K CBM dual fuel VLGCs, of which two are 2022-built and two are 2023-built,
DOE Allocates $10 Million for Innovative Climate Resilience Centers
August 20, 2024
To support vulnerable communities responding to continued and extreme climate effects, the Department of Energy (DOE) has allocated $10 million in funding for innovative Climate Resilience Centers (CRCs) in 10 different states. University-led research teams will leverage the world class
Diversified Energy Completes $106M Acquisition of Crescent Pass Energy’s Natural Gas Assets
August 19, 2024
Diversified Energy has closed the $106 million acquisition of natural gas properties and related facilities in eastern Texas from Crescent Pass Energy. “We are excited to announce the completion of another attractively priced acquisition of Central Region assets, which stands
TC Energy Completes $1.14 Billion Sale of Portland Natural Gas Transmission System
August 19, 2024
TC Energy and its partner Northern New England Investment Company, a subsidiary of Énergir, have completed the sale of Portland Natural Gas Transmission System (PNGTS). The gross purchase price of $1.14 billion includes $250 million of outstanding senior notes held
Brazos Completes Significant Milestone Projects, New-build Pipelines and Processing Facilities
August 19, 2024
Brazos Midstream said it has completed several significant milestone projects consisting of major new-build pipelines and processing facilities located in the core of the Midland Basin. “These expansion projects are a testament to our continued commitment to build high-quality assets
Aug. 16: U.S. Drillers Cut Oil and Gas Rigs for Second Time in Three Weeks
August 19, 2024
U.S. energy firms this week cuts oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator
NextEra Energy Appoints Geoffrey Martha to Board of Directors
August 19, 2024
NextEra Energy has appointed Geoffrey Martha to its board of directors. “We’re pleased to welcome Geoff to the NextEra Energy board of directors. With extensive finance and business expertise, Geoff brings to our board a proven track record as a
