Brookfield Sells Pipeline Stake to ArcLight for Exit Totaling $1.7B
Kinder Morgan will continue as Natural Gas Pipeline Co. of America’s operator following Brookfield Infrastructure’s sale of a 25% stake to Arclight Capital Partners.
Canadian Opposition, Oil CEOs Call for Scrapping Federal Carbon Price System
(Reuters) – The future of Canada’s six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. Scrapping the system, which aims to reduce pollution by giving heavy industry a financial incentive to cut carbon emissions, however, puts the viability of …
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Superhot Rock Drillers Advance Technology to Rival Oil and Gas
Building on synergies with the oil and gas sector, geothermal companies seek to go hotter and deeper to unleash energy.
Exclusive: India’s Cairn to Deliver First Shale Well in Summer
India’s Cairn Oil & Gas, part of Vedanta Group, plans to deliver its first shale well using U.S. shale techniques honed by oilfield service companies, in June or July.
Energy Transition in Motion (Week of March 21, 2025)
Here is a look at some of this week’s renewable energy news, including a move by U.S. President Donald Trump to boost domestic production of critical minerals.
US Oil and Gas Rigs Rise for First Time in Three Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first 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 of future output, rose by one to 593 in the week to March …
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UAE Commits to $1.4 Trillion US Investment, White House Says
(Reuters) – The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, the White House said on Friday. The framework will “substantially increase the UAE’s existing investments in the U.S. economy” in AI infrastructure, semiconductors, energy, and manufacturing, …
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Shell Takes FID on Gato do Mato Project Offshore Brazil
Shell Plc will be the operator and 50% owner, with Ecopetrol holding 30% interest and TotalEnergies 20%.
How DeepSeek Made Jevons Trend Again
As tech and energy investors began scrambling to revise stock valuations after the news broke, Microsoft Corp.’s CEO called it before markets open: “Jevons paradox strikes again!”
Apollo Acquires BP’s Gas Pipeline Stake for $1B
BP Pipelines holds a 12% interest in the Trans-Anatolian Natural Gas Pipeline (TANAP), which transports natural gas from Azerbaijan across Turkey.