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a company that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services, has unveiled details of its goal to achieve carbon-neutral operations globally by 2040. The post FedEx Commits to Carbon-Neutral Operations by Electrifying Delivery Fleet appeared first on NGT News.
Kicking off the first large Permian deal of 2025, Diamondback Energy acquired part of the assets of Double Eagle IV for $4.1 Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] million per location. [2] million per location. [2]
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
DB Schenker, an international logistics service provider, and FUSO, a Daimler Trucks brand, say they are expanding their partnership in the field of e-mobility. In the coming months, DB Schenker will bring a total of 36 additional FUSO eCanter vehicles into operation in 11 European countries.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
Zeem Solutions provides e-mobility logistics solutions for small, medium and large fleet operators across the U.S., GreenPower Motor Co. a manufacturer and distributor of zero-emission, electric-powered medium- and heavy-duty vehicles, has received an order from Zeem Solutions for 30 GreenPower EV Stars.
VEV, the United Kingdom-based e-fleet solutions provider backed by energy leader Vitol, has established a collaboration with Shuttle Buses, one of the largest bus operators in Ayrshire, Scotland, to electrify its fleet.
The Act includes many changes for the maritime industry, specifically for owners and operators of vessels. The below checklist, current as of March 3, 2023, summarizes the required operational and onboard changes. Communications include firm news, insights, and events.
PG&E) has selected PowerFlex, a provider of electric vehicle technology, to provide software and support services for a large-scale deployment of EVs in California. The software, PowerFlex X, will monitor and control nearly 4,000 charging stations currently in development to increase operational efficiency and reduce overall energy costs.
The current proposed bill, however, would require operators to remit all royalty payments directly to the lessors on behalf of nonparticipating working interest owners prior to well payout, i.e., during the recoupment of costs, and the statutorily authorized risk charge.
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.
Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. Well Eligibility.
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. OXY (Occidental) is the top oil producer , while Expand Energy is a strong gas producer despite minimal oil output. EQT is notable for its gas-heavy production profile. in 2023 , then increasing by 1.3%
Department of Interior has taken several important steps toward making wind energy development a reality in the Gulf of Mexico. This is the first in a series of articles in which Liskow’s offshore team will discuss the regulatory framework for wind energy projects in federal waters and highlight legal issues pertinent to this dynamic area.
The Louisiana Legislature’s 2023 Regular Session begins on April 10th, and last Friday, Louisiana Senator Allain of District 21 filed SB 154 proposing to enact a statutory framework directly governing the rights and obligations of parties to renewable energy leases. 122); The lessee of a renewable energy lease would be “bound to.
million dollars in emergency costs from prior operators of an orphaned well. The Court held that, when the LDNR spends monies from the Oilfield Site Restoration Fund on emergencies, it can only recoup those costs from the well’s operator of record and its working interest owners. who last operated the property. 4/6/22), –So.
Million TRISO Nuclear Fuel Production US To Assist Estonia In Nuclear Capacity Building Sendai-1 Completes Periodic Inspection and Returns to Commercial Operation Digital Platform Will Aid Replacing Coal Plans with Nuclear Empresarios Agrupados Named Architect Engineer for Thorcon TMSR-500.
BPX Operating Co., sued the unit operator for breach of contract to recover transportation costs incurred as a result of alleged regulatory violations of the Federal Energy Regulatory Commission’s (“FERC”) Shipper-Must-Have-Title policy. BPX Operating Co., BPX Operating Co., BPX Operating Co., 9/20/2022).
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. 3d 1038 (“ LL&E I ”) marked a key development.
In Point Energy Partners Permian, LLC v. 2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex.
The Louisiana State Mineral & Energy Board (“Mineral Board”) is the body tasked with overseeing the mineral resources owned by the State of Louisiana. Traditionally, these tasks are handled internally by the Mineral Board’s own staff and counsel. A copy of the Mineral Board’s agenda can be found here.
1776 Energy Partners, LLC , — S.W.3d The dispute originated from certain joint operating agreements executed by Ovintiv and 1776 Energy, under which Ovintiv was the operator, to develop and produce minerals from oil and gas leases in Karnes County, Texas. In Freeport-McMoRan Oil & Gas LLC v.
Written by Marc Published November 18, 2024 Written by Marc Published November 18, 2024 How Energy Flexibility Benefits Utilities and Their Customers With electricity rates climbing and grid reliability under strain, utilities are under pressure to find innovative solutions. PG&E is far from alone.
The midstream energy sector is undergoing a transformative shift. Lets break down the key trends, major players, and strategies shaping the future of midstream energy. The Rise of Vertical Integration in Midstream Energy Vertical integration is redefining the midstream landscape. energy production growth. Why the Permian?
In response to various pressures on the energy industry to reduce the environmental impact associated with excess carbon dioxide emissions, many energy companies are investigating carbon capture and sequestration projects as a means of reducing their carbon emissions.
Aethon EnergyOperating, L.L.C. , 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 4th 369 (5th Cir.
Bureau of Ocean Energy Management (BOEM) held its long-anticipated offshore wind lease sale for the federal Outer Continental Shelf (OCS) in the Gulf of Mexico (GOM) on Tuesday, August 29, 2023. based offshore wind industry supply chain that would facilitate this or other renewable energy projects permitted by BOEM.”
Fuel of the Future: An e-Methanol Study The North Sea Transition Deal (NSTD) set out significant emissions reduction targets for the offshore energy industry. As we near those targets, it is well understood that decommissioning activities and a reduction in the number of operational assets will not solely meet the NSTD targets.
District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]
built offshore wind substation departed from a Texas fabrication facility where Danish multinational energy company, Ørsted, and domestic energy provider, Eversource, partnered to build the revolutionary vessel. First up, Blue Ocean Energy Marine, a Dominion Energy subsidiary, is currently constructing the first-ever U.S.
BOEM approved the Construction and Operations Plan for the Vineyard Wind Project in July 2021, approximately 12 years after BOEM began evaluating the site for wind energy development. The plaintiffs’ arguments centered mostly on the project’s impact on an endangered species, the North Atlantic right whale.
The pursuit of alternative energy sources has become increasingly important in our quest for a sustainable future. Lithium, a key component in rechargeable batteries, has emerged as a vital element for powering electric vehicles and storing renewable energy. A brine extraction prospect would be very similar to an oil and gas prospect.
In response, the industry is seeing a varying degree of investments in renewable energy and commitments to climate-related goals. As companies make this transition into renewable energy, one sector picking up speed is wind energy. The wind energy sector is gaining global traction, as exemplified by U.K.
The proposal comes in the wake of a recent analysis commissioned by the Environmental Defense Fund, which found that oil and gas operators in Louisiana wasted over $16 million worth of gas in 2019 through venting and flaring alone, among other findings. If you have further questions, contact Liskow’s Cristian Solar or James Lapeze.
(NASDAQ: ACDC) has set an ambitious course for 2025, leveraging next-generation hydraulic fracturing technology and its newly launched Livewire Power division to drive operational efficiency and growth. Maximizing fleet utilization: 25% more active fleets are in operation compared to Q4 2024, driving higher revenue potential.
Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. In addition to the unit order, the operator must receive approval for its injection wells.
For nearly three years, unit operators in Louisiana have waited to see whether the Western District of Louisiana would change course or double down on its March 2019 decision in Johnson v. BPX Operating Co., Chesapeake. The district court recognized this was a res nova issue for which there was no authority directly on point.
What started in 2020 as a proposed joint rulemaking between the DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) and Bureau of Ocean Energy Management (“BOEM”) was recently finalized as a stand-alone BSEE rule addressing decommissioning. 250.1700, et seq. BSEE added a new paragraph (c) to 30 C.F.R.
On June 23, 2022, the Bureau of Ocean Energy Management (BOEM) published a draft guidance on mitigating potential impacts of offshore wind development on commercial and recreational fishing. BOEM also recommends gear loss and damage payments. citing the National Oceanic and Atmospheric Association (NOAA) Sustainable Fisheries Glossary).
By Robert E. CBD remains to be fully adjudicated, but CBD highlights the need for OCS operators to include EPCRA reporting in their release reporting plans. OCS operators may want to review their emergency release reporting programs to ensure EPCRA compliance. Holden The recent decision by the U.S. BP America Production Co.,
BOEM anticipates that this change would eliminate the SAP requirement for nearly all future development of OCS renewable energy. First, Interior issued a Final Rule, which reassigns the responsibilities for certain regulations governing offshore wind from BOEM to BSEE. Finally, BSEE will also oversee decommissioning activities.
To participate in the program, the owner or operator must, prior to initiating a voluntary environmental audit, notify the LDEQ of its intent to perform the audit via submission of LDEQ’s approved notice of audit form located on LDEQ’s website. Part 68 and LAC § 33:III.5901; LAC § 33:I.7007(A). Penalty Reduction Requirements. LAC § 33:I.7009(E).
The summit deliberated at length the challenge of ensuring safety and security for key infrastructure in the digital age. In line with this thinking, a first-of-its-kind Manifesto for Global Industrial Safety was launched at the event to widespread recognition and support from leaders and experts across the global industrial ecosystem.
The Bureau of Ocean Energy Management (BOEM) held its third Gulf of Mexico (GOM) Intergovernmental Renewable Energy Task Force meeting on July 27, 2022 (3 rd Meeting). The first two meetings were held on June 15, 2021 , and February 2, 2022 , respectively. According to Ms. Following Ms.
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