United States

Pipelines , Acquisitions & Divestitures

Phillips 66 Explores Sale of Pipeline Stake Worth Over $1B, Sources Say

The Rockies Express Pipeline is a 2730-km interstate natural gas pipeline stretching from Wyoming and Colorado in the West to Ohio.

March 26, 2024

Wind , Infrastructure , Policy & Regulations

US Gives Final Green Light to Sunrise Wind Offshore Project

The approval by the Bureau of Ocean Energy Management solidified Ørsted and Eversource’s commitment to the project with both taking final investment decisions.

March 26, 2024

CERAWeek , Hydrogen , Renewables , Natural Gas , Hart Energy Exclusive

Exclusive: TES CEO Sees Electric Natural Gas as a Trillion Dollar Market

Marco Alverà, the co-founder and CEO of TES, details how electric natural gas from green hydrogen is a cheaper and easier to produce fuel and shares insight on its e-NG partnership with TotalEnergies, in this Hart Energy Exclusive.

March 26, 2024

Renewables , Health, Safety & Environment , CERAWeek , Energy Storage , Solar

Bill Gates: ‘A Heroic Effort’ is Beginning, but Climate Goals Still Won’t be Hit

Bill Gates said during CERAWeek by S&P Global that the energy transition was picking up speed but still wouldn’t be able to achieve the climate goals established under the Paris Agreement of 2015.

March 26, 2024

Markets , International , Midstream

Shipping Traffic Freezes Up in Port Waters After Baltimore Bridge Collapse

U.S. port of Baltimore traffic was suspended until further notice following a bridge collapse. At least 13 vessels expected to load coal were anchored near the port at the time of the incident.

March 26, 2024

Investment , Acquisitions & Divestitures

Matador Stock Offering to Pay for New Permian A&D—Analyst

Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.

March 26, 2024

Joint Ventures , Pipelines , Liquefied Natural Gas (LNG) , Natural Gas

‘Unexpected’ JV to Move Permian NatGas to Gulf Coast LNG Terminals

A trio of midstream companies—Enbridge, Whitewater and MPLX—will work together to build infrastructure to transport Permian Basin natural gas to Gulf Coast LNG terminals.

March 26, 2024

Acquisitions & Divestitures , Mergers , Exploration & Production

Sold in 66 Days: Inside the Diamondback-Endeavor Deal

Diamondback Chairman and CEO Travis Stice first offered “at least $25 billion” for Endeavor Energy Resources on Dec. 8. The deal closed just weeks later for $26 billion.

March 26, 2024

Lease Sales

Marketed: Onyx Resources 40 Well Package in Texas, New Mexico

Onyx Resources has retained EnergyNet for the sale of a 40 well package plus 3,192.48 net leasehold acres in Crane, Ector and Winkler counties, Texas and Lea County, New Mexico.

March 25, 2024

Lease Sales

Marketed: Onyx Resources 23 Well Package in Texas

Onyx Resources has retained EnergyNet for the sale of a 23 well package plus 1,082.81 net leasehold acres in Archer, Clay, Fisher, Jones, Kent, Stephens, Taylor and Young counties, Texas.

March 25, 2024