Marketed: Stapleton Group Gulf Coast Texas Opportunity
Stapleton Group has retained EnergyNet for the sale of 51,816 non-producing net mineral acres in Walker, Montgomery and San Jacinto counties, Texas.
E&P Highlights: Oct. 21, 2024
Here’s a roundup of the latest E&P headlines, with a large contract announced offshore Gulf of Mexico and strategic partnerships aimed at optimizing oilfield production.
As Uncertainty Lingers, CCUS Caught in a Catch-22 for Now
Wood Mackenzie forecasts capture capacity rising to 2,450 million tons per annum (Mtpa) by 2050.
Supreme Court Takes Up Clean Air Act Venue Fight
The high court’s justices will hear arguments if the EPA’s air pollution rules should be challenged in D.C. or in regional courts.
Australia’s Woodside Says It’s Open to Supplying LNG to Japan From US
Australia’s top energy firm Woodside Energy sees an opportunity to beef up LNG sales to Japan, including supply from the United States, where the company just bought Tellurian and its LNG export project, CEO Meg O’Neill said on Monday. With this new position in the U.S., Woodside will be able to “offer our Japanese buyers …
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Repsol Freezes Green Hydrogen Projects in Spain
MADRID, Oct 21 (Reuters) – Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350 megawatts (MW) due to an unfavourable regulatory environment, a spokesperson told Reuters on Monday. The company had already warned that regulatory uncertainty, including the possibility that a windfall tax on energy companies and …
Citgo Auction Creditors Assail Elliott Bid, Seek Rival Offers
Summary Court gets an earful from firms opposing proposed bid Heated opposition to negotiating exclusivity, breakup fee offer Final recommendation on sale could be stalled until January HOUSTON, Oct 21 (Reuters) – Key terms of a proposed court agreement with a U.S. hedge fund seeking to gain control of oil refiner Citgo Petroleum from Venezuela …
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Qatar LNG Sales to Key Asian Markets Confronted by US, UAE Rivalry
Summary Qatar facing increasing competition from US, UAE Competitors offer flexible terms, cheaper prices Talks with Japan, South Korea buyers stalled Destination clause, terms of contracts among key disagreements Japan long term LNG outlook remains uncertain Oct 21 (Reuters) – Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) …
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Elevate Renewables Selected to Receive $27.5 Million in DOE Federal Funding for Innovative Use of Battery Energy Storage System Through “Green Sync” Inertia Project at Devon Generating Station in Milford, CT.
BOSTON, Oct. 18, 2024 (GLOBE NEWSWIRE) — Elevate Renewables (“Elevate” or the “Company”), a leading battery storage development company is pleased to announce that its Innovative Inertia Project at the Devon Generating Station in Milford, CT. has been selected to receive $27.5 million in federal funding under the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships …
ENERGY NORTH – Six Months On, What Has Canada’s Trans Mountain Pipeline Project Achieved and What’s Next?
CALGARY — Nearly six months after its opening, the Trans Mountain pipeline expansion is boosting Canada’s energy sector as promised — but questions still linger about who will pay for the project’s massive cost overruns. By a variety of measures, the expensive and contentious pipeline project is bearing fruit as more Canadian oil reaches the …