Vital buys Henry Energy LP and Henry Resources LLC (“Henry”), Tall City Property Holdings III LLC (“Tall City”) and Maple Energy Holdings, LLC (“Maple”).
Vital Energy to Significantly Increase Permian Basin Scale
ConocoPhillips’ HRU technology selected for Rio Grande LNG Project
ConocoPhillips has announced that its proprietary OCP CryoSep® heavies removal unit (HRU) technology has been selected as part of Phase 1 of NextDecade’s Rio Grande LNG Project.
Crescent Point plans $1.05B to $1.15B in development capital expenditures in Canada for 2024
Crescent Point Energy Corp. says it plans to spend $1.05 billion to $1.15 billion on development capital expenditures next year.
Chinese Solar Supplier Trina Plans $200 Million US Factory
Trina Solar Co. is planning a $200 million manufacturing facility in Texas, weeks after the US said the Chinese panel supplier was bypassing tariffs.
Tivoli Midstream approved permit for NTX Gathering System aquiered from Phillips 66
Tivoli Midstream was granted in Sept 2023 a pipe permit (#T10506) from the Railroad Commission of Texas to operate the 131 mile pipeline bought from Phillips 66.
Diamondback Energy, Inc. and Five Point Energy LLC Form Deep Blue Midland Basin LLC
Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) and Five Point Energy LLC (“Five Point”) announced today the formation of a new joint venture entity, Deep Blue Midland Basin LLC (“Deep Blue”). This strategic joint venture creates the largest independent water infrastructure platform in the Midland Basin with substantial excess capacity in place to pursue third-party growth.
Western Midstream Announces Expansion of Powder River Basin Footprint With the Acquisition of Meritage Midstream
Western Midstream Partners, LP (“WES” or the “Partnership”) (NYSE: WES) today announced that one of its operating subsidiaries has signed an agreement to acquire Meritage Midstream Services II, LLC (“Meritage”) in an all-cash transaction for a purchase price of $885 million, subject to customary adjustments.
Ground broken on $10 billion transmission line project in New Mexico
Ground was broken in recent days in New Mexico on construction of the $10 billion wind-powered electric transmission line carrying power to Arizona.
ConocoPhillips says court case is likely do-or-die for Willow Arctic oil project
If Alaska District Court Judge Sharon Gleason cancels required federal approvals, “the Willow project is highly unlikely to proceed at all,” said Connor Dunn, vice president of Willow for ConocoPhillips.
Construction to begin soon on Enel’s $1 billion solar panel plant in Oklahoma
Construction on Enel North America’s more than $1 billion solar cell and panel manufacturing plant in northeast Oklahoma is expected to get underway in the next few months.