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Biden Tax Plan Swaps Fossil Fuel Subsidies with Clean Energy Incentives
2021-04-08 11:30:00| OGI
Unwinding tax breaks on fossil fuel companies could face opposition from Biden's fellow Democrats in the U.S. Congress from energy-producing states.
Tags: plan energy tax cleanCategory: Industrial Goods and Services
Buckeye Partners Buys Stake in US Renewable Energy Developer with New Partnership
2021-04-08 11:05:00| OGI
The acquisition a majority stake in Swift Current Energy is being made as part of a new strategic partnership between Buckeye and Nala Renewables.
Tags: with partners energy partnershipCategory: Industrial Goods and Services
Oil and Gas Investor Eagle Ford Natural Gas: Texas Gas to Mexico
2021-04-08 10:00:00| OGI
While U.S. natural gas demand was mostly flat in 2020, Mexicos grew. And it came from Texas. The outlook is that Mexico will be ordering more, including from the Eagle Fords underdeveloped gas fairway.
Tags: natural mexico texas gasCategory: Industrial Goods and Services
Phillips 66 Partners Cancels Rockies, Bakken Oil Pipeline Project
2021-04-07 22:25:00| OGI
The roughly $1.6 billion project, which was proposed to support oil production growth in the Rockies and the Bakken shale regions, had been put on hold more than a year ago.
Tags: project partners oil phillipsCategory: Industrial Goods and Services
Canadas Move Away from Fossil Fuels Threatens 450,000 Jobs
2021-04-07 22:00:00| OGI
As countries around the world commit to reducing their emissions to meet global climate targets, advocates for a just transition say more must be done to ensure those working in fossil fuel industries are not left behind.
Tags: jobs move fossil fuelsCategory: Industrial Goods and Services
Energy A&D Transactions from the Week of April 7, 2021
2021-04-07 19:45:00| OGI
Heres a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.
Tags: april week energy transactionsCategory: Industrial Goods and Services
On the Market Oil and Gas Quicklist (Week of April 7, 2021)
2021-04-07 19:10:00| OGI
Heres a quicklist of oil and gas assets on the market including Starboard, Max Permian Northern Delaware Basin leasehold plus an Antrim Shale ORRI well package and a state lease sale in New Mexicos Lea County.
Tags: april week market gasCategory: Industrial Goods and Services
Shell Sees $200 Million Hit to Earnings from Texas Winter Storm
2021-04-07 19:05:00| OGI
An extreme cold snap in Texas in February is expected to have shrunk Shells oil output by 10,000-20,000 bbl/d and to shave up to $200 million from its adjusted first-quarter earnings.
Tags: hit million winter texasCategory: Industrial Goods and Services
Carbon Tax Vital in Energy Transition, Oil Execs Say
2021-04-07 18:55:00| OGI
While a carbon tax may drive certain desired behaviors during the energy transition, there is no one solution to the worlds emissions woes, say panel of oil industry executives.
Tags: say energy tax oilCategory: Industrial Goods and Services
Williams: Florida Gulfstream gas Pipe Unaffected by Reservoir Leak
2021-04-07 17:04:05| OGI
Wastewater reservoirs leaky containment wall could lead to weekend flooding.
Tags: florida gas williams pipeCategory: Industrial Goods and Services
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