Latest Headlines
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Global Natural Gas Balances To Remain Tight Until 2026
1/4/2023
Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released a new natural gas-focused report that provides various scenarios for long-term global LNG demand and compares to existing and post-final investment decision (FID) supply to infer the need by 2030 for projects that could reach FID in the coming year.
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Changes Proposed To Strengthen Oil Handling Standards And Oil Transfer Requirements For Facilities And Vessels
1/4/2023
Washington is a major hub for oil transport and refining. Every year, over 18 billion gallons of oil comes through the state, making an oil spill an ever-present concern.
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ProFrac Holding Corp. Completes Acquisition Of REV Energy Holdings, LLC And Producers Services Holdings LLC, Adding Six Frac Fleets
1/3/2023
ProFrac Holding Corp. ("ProFrac" or the "Company") today reported that it has closed on its previously-announced acquisition of REV Energy Holdings, LLC ("REV"), a privately owned pressure pumping service provider with operations in the Rockies and Eagle Ford. ProFrac acquired REV for $140M, consisting of $70M in ProFrac Class B common shares, approximately $39M in seller-provided financing, and the balance with cash on hand and debt assumption of approximately $5.5M.
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Talos Energy Achieves Successful Results From Lime Rock And Venice Prospects
1/3/2023
Talos Energy Inc.("Talos" or the "Company") today announced that the Company's Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas during sequential drilling operations in the fourth quarter of 2022.
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First LNG Cargo Arrives At Germany's LNG Terminal In Wilhelmshaven
1/3/2023
Today, Uniper brought Germany's first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG supplier Venture Global Calcasieu Pass, LLC, on December 19, 2022.
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Chevron Finalizes Acquisition Of Beyond6 CNG Fueling Network
1/3/2023
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, today closed its previously announced acquisition of full ownership of Beyond6, LLC and its nationwide network of compressed natural gas stations from Mercuria Energy Trading and Beyond6 founder Andrew West.
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Pioneer Natural Resources To Present At Goldman Sachs Global Energy And Clean Technology Conference
12/30/2022
Pioneer Natural Resources Company today announced that Chief Executive Officer, Scott Sheffield, will present at the Goldman Sachs Global Energy and Clean Technology Conference on Thursday, January 5, at 8:00 a.m. ET.
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Borr Drilling Limited – Announcement Of New Contracts And Fleet Status Report
12/30/2022
Borr Drilling Limited (the “Company”) is pleased to announce it has been awarded new contracts for two of its premium jack-up drilling rigs.
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EPE Launches The Study ‘Socioeconomic Impacts Of Ethanol Demand Scenarios Via The Input Output Matrix 2023 – 2032’
12/28/2022
Following the line of studies that employs the methodology of the Input Output Matrix - IOM to assess the socioeconomic impact of fuel consumption, this study aims to contribute to discussions on the unfolding of the national energy policy, in a way that combines diversification and balance in the use of resources (fossil or renewable), ensuring security of supply and alignment with environmental policies.
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Brazil’s Oil Sector Trends And Recent Developments
12/28/2022
The Covid-19 pandemic had a considerable impact on Brazilian oil and gas demand, affecting investments in the sector.