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Mountain V Oil & Gas completes acquisition

Mountain V Oil and Gas, a leading player in the energy sector, has announced the acquisition of AXP Energy, an Australian oil and gas company with significant assets in Tennessee, Kentucky, and Virginia. This strategic move, valued at $4 million, consolidates Mountain V's standing as a dependable and sustainable producer of oil and gas, further enhancing its diversified commodity mix. Building on a legacy of three decades of growth in the gas and well-drilling industry, Mountain V embarked on drilling unconventional horizontal wells in 2022, aligning with its commitment to discovering new reserves and optimizing resource extraction operations. The company's integrated approach to operations management ensures a reliable and sustainable supply chain across all its activities..... > read more

Natural gas is powering AI

Energy demand driven by large data centers, artificial intelligence, and electric vehicles is reaching unprecedented levels, accelerating the need for natural gas. Williams president and CEO Alan Armstrong recently addressed industry analysts, highlighting the critical role of natural gas in meeting the escalating baseload capacity and supporting renewable energy sources. According to Armstrong, electricity demand is experiencing three times faster growth per year this decade compared to previous decades, propelled by the rise of electric vehicles and the emergence of new, large-load data centers. He projected that data center loads could reach up to 30 gigawatts by 2030, marking a significant shift in the energy landscape... > read more

McDermott awarded offshore contract

McDermott International, Inc. has secured a significant offshore transportation, installation, and commissioning contract from PTTEP Sabah Oil Limited for the Kikeh subsea gas lift project, situated 75 miles (120 kilometers) northwest of the island of Labuan, offshore Sabah in East Malaysia. Under the terms of the agreement, McDermott will undertake the removal of the existing flexible gas lift riser and execute the installation and commissioning of a new dynamic riser section and flowline, consisting of two thermoplastic composite pipe jumpers. This installation will facilitate gas delivery to a subsea production system linked to the Kikeh floating production, storage, and offloading vessel.... > read more

Whistler Pipeline and Enbridge agree

WhiteWater, I Squared, MPLX LP, and Enbridge Inc. have jointly announced their entry into a definitive agreement to strategically combine the Whistler Pipeline and Rio Bravo Pipeline project in a newly formed joint venture. Enbridge will contribute its wholly-owned Rio Bravo Pipeline project and cash in exchange for an ownership stake in the newly formed joint venture. Following the transaction's closure, the joint venture's ownership will comprise WhiteWater/I Squared (50.6 percent), MPLX (30.4 percent ), and Enbridge (19.0 percent). Enbridge will retain a 25 percent economic interest in the Rio Bravo Pipeline project as part of its investment. WhiteWater will continue to operate the joint venture's assets, including the Rio Bravo Pipeline project.... > read more

ExxonMobil leads

Recent consolidation activity in the energy sector has led to the emergence of larger companies with increased ownership of producing assets, as highlighted by the Energy Information Administration. According to data cited by the EIA from Evaluate Energy, if both the proposed deals involving Exxon and Chevron are finalized successfully, ExxonMobil could potentially become the largest producer of crude oil and natural gas liquids in the United States. The company's projected output could reach approximately 1.3 million barrels per day, constituting nearly 7 percent of the total U.S. production. This would position ExxonMobil ahead of the current leader in production, Chevron.... > read more
Top three featured articles of the week
Roanoke Gas breaks ground

Roanoke Gas breaks ground

The Western Virginia Water Authority and Roanoke Gas Company, a subsidiary of RGC Resources, Inc., have forged a cooperative...
> read more
CRC Evans bolsters senior team

CRC Evans bolsters senior team

CRC Evans, a prominent provider of coating and welding services, has named Justin Shaw as the head of group treasury. With...
> read more
AMPP launches

AMPP launches

The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance,...
> read more
Downstream
Roanoke Gas breaks ground

Roanoke Gas breaks ground

The Western Virginia Water Authority and Roanoke Gas Company, a subsidiary of RGC Resources, Inc., have forged a cooperative ... > read more
Vitol acquires

Vitol acquires

VBM, a Texas-based landfill-gas-to-energy company, boasts a leadership team with over 100 years of collective experience ... > read more
Baker Hughes to supply

Baker Hughes to supply

Baker Hughes, an energy technology company, announced that it had been awarded an order from Black & Veatch, a global engineering, ... > read more
TotalEnergies expands its natural gas

TotalEnergies expands its natural gas

TotalEnergies has entered into an agreement to acquire the 20 percent interest held by Lewis Energy Group in the Dorado leases, ... > read more
Chevron invests

Chevron invests

Chevron New Energies, a division of chevron U.S.A. Inc., has announced a significant lead investment in ION Clean Energy, ... > read more
Herne Contracting teams up

Herne Contracting teams up

In the heart of California’s refining landscape, Phillips 66 is pioneering change with its ambitious Rodeo Renewed project. ... > read more
Fracking
Fervo Energy doubling down on geothermal

Fervo Energy doubling down on geothermal

Fervo Energy, a Houston-based startup, is on a mission to significantly increase the share of geothermal energy in the United ... > read more
ExxonMobil leads

ExxonMobil leads

Recent consolidation activity in the energy sector has led to the emergence of larger companies with increased ownership ... > read more
Weyerhaeuser and Lapis Energy announce

Weyerhaeuser and Lapis Energy announce

Weyerhaeuser Company and Lapis Energy LP have recently announced the signing of an exclusive exploration agreement for subsurface ... > read more
Fervo Energy drilling results show

Fervo Energy drilling results show

Exciting advancements in the geothermal industry have been unveiled at the Stanford Geothermal Workshop, where Fervo Energy ... > read more
Diamondback Energy and Endeavor Energy merge

Diamondback Energy and Endeavor Energy merge

In a major development, Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. have announced their merger in a definitive ... > read more
Archer awarded contracts worth USD 125 million

Archer awarded contracts worth USD 125 million

Archer, a global provider of drilling services, is pleased to announce that its subsidiary in Argentina has been awarded ... > read more
Pipelines
Discovering geothermal ground truths

Discovering geothermal ground truths

Innovative Test Well and Technology Consortium Pioneering Baseload Geothermal Energy Transition The Wells2Watts geothermal ... > read more
AMPP unveils new guide

AMPP unveils new guide

The Association for Materials Protection and Performance, the global authority in materials protection and performance, recently ... > read more
Whistler Pipeline and Enbridge agree

Whistler Pipeline and Enbridge agree

WhiteWater, I Squared, MPLX LP, and Enbridge Inc. have jointly announced their entry into a definitive agreement to strategically ... > read more
Pembina approved for acquisition

Pembina approved for acquisition

Pembina Pipeline Corporation ("Pembina") has reached a significant milestone in its acquisition journey with the reception ... > read more
Kinder Morgan Darkside Project

Kinder Morgan Darkside Project

For over 14 years, Kinder Morgan has been a vital participant in the global effort to unravel the mysteries of the universe ... > read more
Trans Mountain provides update

Trans Mountain provides update

Trans Mountain has achieved a significant milestone in their pipeline project by successfully removing the pipe from the ... > read more
Tank Storage
CRC Evans bolsters senior team

CRC Evans bolsters senior team

CRC Evans, a prominent provider of coating and welding services, has named Justin Shaw as the head of group treasury. With ... > read more
AMPP launches

AMPP launches

The Association for Materials Protection and Performance (AMPP), the global authority in materials protection and performance, ... > read more
AMPP 2024 annual conference

AMPP 2024 annual conference

The 2024 AMPP Annual Conference + Expo not only marked a year of significant achievements and milestones for the Association ... > read more
Kinder Morgan announces

Kinder Morgan announces

Kinder Morgan, Inc. has announced the nomination of Amy W. Chronis to stand for election as a director at its upcoming annual ... > read more
Petro-Canada corporation partners

Petro-Canada corporation partners

Canadians have a new reason to embark on exciting journeys with the launch of a loyalty partnership between Petro‑Canada’s ... > read more
Former CPChem receives

Former CPChem receives

Bruce Chinn, the recently retired president and CEO of Chevron Phillips Chemical, received recognition today at the World ... > read more
Upstream
ExxonMobil Guyana moves forward

ExxonMobil Guyana moves forward

ExxonMobil has reached a significant milestone with the final investment decision for the Whiptail development offshore Guyana, ... > read more
Petrobras discovers oil

Petrobras discovers oil

Petrobras has made a significant oil discovery in the ultra-deep waters of the Potiguar Basin at the Anhangá exploratory ... > read more
Mountain V Oil & Gas completes acquisition

Mountain V Oil & Gas completes acquisition

Mountain V Oil and Gas, a leading player in the energy sector, has announced the acquisition of AXP Energy, an Australian ... > read more
APA Corporation completes acquisition

APA Corporation completes acquisition

APA Corporation has announced the successful completion of its acquisition of Callon Petroleum Company. The transaction received ... > read more
Glenfarne Energy transition’s Texas LNG

Glenfarne Energy transition’s Texas LNG

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, LLC, has inked a Heads of Agreement with Gunvor Group's ... > read more
 EverWind Fuels completes FEED

EverWind Fuels completes FEED

EverWind Fuels, a key player in Atlantic Canada's green energy sector, has wrapped up its FEED and FEL-3 stages with Black ... > read more
Midstream
Texas’ first EV fleet charging hub

Texas’ first EV fleet charging hub

Gage Zero, a company specializing in fleet electrification solutions, is set to develop and operate an electric vehicle charging ... > read more
Latham & Watkins advises Moss Lake Partners

Latham & Watkins advises Moss Lake Partners

Latham & Watkins LLP played a pivotal role in advising Moss Lake Partners LP, an energy infrastructure company focusing on ... > read more
TC Energy appoints Sean O’donnell

TC Energy appoints Sean O’donnell

TC Energy Corporation announced that Sean O’Donnell, currently senior vice-president, capital markets and corporate planning, ... > read more
ABS industry first audit of ECOLOG

ABS industry first audit of ECOLOG

ABS has granted ECOLOG, a mid-stream carbon capture, utilization, and sequestration service provider, an industry-first ISM ... > read more
ONEOK to Participate

ONEOK to Participate

ONEOK, Inc. is set to engage in investor meetings at the J.P. Morgan Utilities & Midstream Forum scheduled for March 28, ... > read more
Heroes of New Orleans and IMTT team up

Heroes of New Orleans and IMTT team up

Growing up in the 1980s within the Fischer Projects of New Orleans, Gregory Ravy experienced firsthand the challenges of ... > read more
Videos
Kelley Construction

Kelley Construction

Kelley Construction is a company that specializes in civil construction works. They recently completed the site civil works ... > watch video
Dearman Systems LLC

Dearman Systems LLC

Dearman Systems launches LYNX, cutting-edge logistics software for the bulk liquids market: Dearman Systems has announced ... > watch video
DISCUS

DISCUS

Trust your inner roof. DISCUS Engineered Products builds the safest, strongest, lowest emissions aluminum internal floating ... > watch video
GTI Statia

GTI Statia

GTI Statia (“GTIS”) is one of the largest independent crude and refined product storage terminals serving the US Gulf ... > watch video
Gen III

Gen III

GEN III is the next evolution level of hydraulic foam proportioners for firefighting, now entering the market. Sturdier, ... > watch video
ERECTASTEP

ERECTASTEP

There are many lists of The wonders of the World. ErectaStep, the world leader in modular stairs, catwalks & handrails, has ... > watch video
Events
API Pipeline Conference and Expo

API Pipeline Conference and Expo

Global leaders continue to evolve in their formulas for a successful and just energy evolution. In doing so, the realization ... > view event
Canada Gas Exhibition & Conference

Canada Gas Exhibition & Conference

The Canada Gas Exhibition & Conference, due to take place in Vancouver on May 7-9, 2024, holds the potential to be one of ... > view event
SUPER DUG Conference & Expo

SUPER DUG Conference & Expo

SUPER DUG’s focus is energy production in the shale plays of the U.S. including the Permian, Eagle Ford, Midcontinent, ... > view event
Hydrogen Americas 2024

Hydrogen Americas 2024

Having established itself as the premier gathering for the global hydrogen community in the Americas region, the Hydrogen ... > view event
ILTA 2024

ILTA 2024

ILTA 2024 is strategically located in Houston, Texas — the energy capital of the world.More than 3,500 terminal industry ... > view event
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