Williams (NYSE: WMB) is diving deeper into the natural gas game with a strategic $1.95 billion acquisition of six Gulf Coast storage facilities boasting a massive 115 billion cubic feet (Bcf.) capacity. This move strengthens Williams’ grip […]
Chevron’s plans increased investment in both traditional and new energy projects, while prioritizing cash flow and shareholder returns. Chevron plans to spend $15.5- $16.5 billion on organic capex and $3 billion on affiliate projects in […]
Exolum, a major storage and logistics company, is acquiring a 50% stake in a top-tier ammonia and NGL storage terminal in Houston from Moda Midstream. This strategic move strengthens Exolum’s presence in the growing clean […]
On December 2, 2023, the Environmental Protection Agency (EPA) finalized a comprehensive rule aimed at significantly reducing methane emissions from the oil and natural gas industry. This landmark regulation represents a major step forward in […]
The U.S. Department of Energy has announced up to $40 million in federal funding for projects that will help advance commercial-scale carbon capture, transport, and storage across the United States. This funding will provide technical, […]
Dominion Energy plans to construct a liquefied natural gas (LNG) storage facility in Person County, North Carolina, to bolster natural gas service reliability for residential and business customers in the expanding region. The company meticulously […]
Elliott Investment Management has acquired a $1 billion stake in Phillips 66 and is urging the company to improve its performance. Elliott believes that Phillips 66 has lost focus on its refining segment and is […]
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