Shale Outlook Uinta: Horizontal Boom to Continue in 2025
After two large-scale transactions by SM Energy and Ovintiv, the Uinta Basin is ready for development—and stacked pay exploration.
TotalEnergies to Pay $5 Million to Settle U.S. FERC Natgas Manipulation Sase
A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012. The settlement is much smaller than the $214 million the U.S. Federal Energy Regulatory Commission had sought from TotalEnergies’ Total Energies …
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Kimmeridge Texas Gas Prices $500MM in Senior Notes Offering
Kimmeridge Texas Gas said the senior unsecured notes will be used to repay a portion of outstanding revolver borrowings and support the buildout of the company.
Ameren’s Huck Finn Solar Project Begins Commercial Operations
Ameren Missouri’s Huck Finn Renewable Energy Center commenced solar operations in December to service Audrain and Ralls counties, Missouri.
Origis Completes $415MM Funding for Texas Solar Project
Origis Energy’s Swift Air Solar project, which is currently under construction, will enter commercial production in mid-2025.
Shell Begins Production at Whale in US Gulf of Mexico
Jan 9 (Reuters) – Oil and gas major Shell (SHEL.L) said on Thursday it had started production at the offshore floating facility Whale located in the Gulf of Mexico. The Whale development is operated by Shell, which owns 60% of the project alongside U.S. energy major Chevron (CVX.N), which has a 40% stake. The project …
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US Senate Panel to Hold Hearings on Trump Energy Picks Next Week
WASHINGTON, Jan 9 (Reuters) – The U.S. Senate energy committee will hold nomination hearings for President-elect Donald Trump’s picks for energy roles on Tuesday and Wednesday next week, the panel’s chairman said on Thursday. The committee will hold a hearing to consider Doug Burgum, Trump’s nominee to be secretary of the interior, on Tuesday, Jan. …
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Biden Administration to Release Short-Term Guidance on Clean Fuel Tax Credit, Sources Say
By Jarrett Renshaw Jan 9 (Reuters) – President Joe Biden’s administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump’s incoming administration, according to two sources familiar with the plan. With the news, biofuel companies and their legislative backers will have to wait to …
Texas Tops US States for Renewable Energy and Battery Capacity
By Gavin Maguire LITTLETON, Colorado, Jan 9 (Reuters) – Texas is dominating the development of renewable energy generation and battery capacity within the United States, and is estimated to have installed nearly 80% more combined solar, wind and battery capacity than the next largest state. The Lone Star state has 42,000 megawatts (MW) of wind …
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Glenfarne Signs on to Develop Alaska LNG Project
Glenfarne has signed a deal with a state-owned Alaskan corporation to develop a natural gas pipeline and facilities for export and utility purposes.