The Latest

Energy Transition

Williams Joins Forces with Ørsted to Explore Clean Energy Opportunities

The agreement with Ørsted could include a large-scale wind energy, electrolysis and synthetic gas-via-methanation co-development in western Wyoming where Williams owns significant land area and natural gas infrastructure.

September 24, 2021

Public Capital

Kinder Morgan to Transport Southwestern Energy’s Responsibly Sourced Natural Gas

Beginning Nov. 1, Southwestern will produce and Tennessee Gas Pipeline, a subsidiary of Kinder Morgan, will transport the responsibly sourced natural gas to Northeast markets.

September 23, 2021

Public Capital

Tellurian Adds Energy Industry Veteran James Bennett to Board

James D. Bennett brings over 30 years of experience from the E&P and investment space, which Tellurian Executive Chairman Charif Souki described as invaluable to the company’s goal of enhancing its Haynesville upstream position

September 23, 2021

Storage

Enbridge Launches Open Season for Transport to Dawn Gas Hub

Enbridge Gas is holding a binding open season for C1 transportation services from St. Clair (DTE) and/or Bluewater to Dawn starting November 1, 2023 for a minimum of five years, the company said on Sept. 20.

September 23, 2021

Crude Oil

US Crude Oil Stockpiles Fall to Lowest in Three Years

Crude oil inventories in the U.S. now sit at their lowest levels since October 2018, and that tightness, along with strong demand, has helped drive oil prices higher.

September 22, 2021

Legislation

Tribes Say Dakota Access Oil Pipeline's Environmental Review is Biased

The U.S. District Court for the District of Columbia revoked a key environmental permit for the largest pipeline out of the North Dakota oil basin last year and ordered the study.

September 22, 2021

Private Equity

Lagoon Water Midstream Enters Permian Basin through Double Drop Acquisition

The acquisition of Double Drop Resources significantly expands Lagoon Water Midstream’s operations and establishes it as a multibasin water management company.

September 21, 2021

Crude Oil

US Crude Stocks at Oklahoma’s Cushing Hub Down by over 40%

Crude oil inventories at Cushing—home to a chunk of U.S. commercial tank and underground crude oil working storage capacity—are now 26% lower than normal, based on the EIA’s previous five-year average.

September 21, 2021

Business

Biden Has Wielded Executive Actions to Propel Oil and Gas Agenda

Presidential orders are advancing the administration’s goals on climate, clean energy and environmental justice, says Baker Botts team.

September 21, 2021

Natural Gas

Russia Could Do More to Supply Europe with Gas, IEA Says

Benchmark European gas prices have risen more than 250% this year, leading to higher power prices.

September 21, 2021