Carbon TerraVault Receives California’s First Class VI Permits from EPA
The Environmental Protection Agency granted California Resources Corp.’s Carbon TerraVault Class VI well permits for the underground injection and storage of CO2.
EQT Closes $1.25B Non-Op Appalachia Divesture to Equinor
EQT Corp. said the proceeds of the sale to Equinor were used to repay outstanding borrowings under its revolving credit facility related to its acquisition of Equitrans Midstream Corp.
Ormat Starts Operations at New Jersey Energy Storage Facility
Ormat Technologies Inc. said the Montague energy storage project has a capacity of 20 megawatt/20 megawatt-hours.
EQT Closes $3.5B Midstream JV With Blackstone Credit
EQT used the $3.5 billion in proceeds from the midstream joint venture deal to pay down debt.
Baker Hughes Wins Contracts for Woodside’s Louisiana LNG Project
Bechtel has ordered gas technology equipment from Baker Hughes for the first phase of Woodside Energy Group’s Louisiana LNG development.
Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says
S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.
Segrist: The Keystone for Trump?
President-elect Donald Trump talks about reviving the famously controversial Keystone XL Pipeline while threatening tariffs on the nation where it originates
Vermilion Energy to Acquire Canada's Westbrick for $745MM
Canada’s Vermilion Energy Inc. will acquire Westrbrick Energy’s Alberta Deep Basin assets, including 700 locations, for CA$1.075 billion.
Reuters: Northern Oil and Gas in Bid to Acquire Smaller Rival Granite Ridge, Sources Say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.
Permanent Magnets Emerge as a Game-Changer for ESP Technology
In 2024, permanent magnet motors installations have ballooned to 11% of electric submersible pump installations, and that number is growing.