U.S. Department of Energy
Transactions
Stranded Oil Resources Buys Historic Teapot Dome Oilfield
Stranded Oil Resources Buys Historic Teapot Dome Oilfield
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News
Electrigen, Hyliion to Partner on Methane Emissions Reduction Project
ElectriGen and Hyliion Holdings Corp.’s methane emissions reduction project has been awarded $6 million by the Department of Energy. Hyliion’s Karno generators can use wellhead gas to produce low-emission electricity.
Standard Lithium, Equinor Win $225MM DOE Grant for Lithium Project
Equinor and Standard Lithium aim to reach a final investment decision on its South West Arkansas lithium project in the Smackover Formation by year-end 2025.
As Energy Secretary, Wright Would Remove Barriers to Projects
Liberty Energy CEO Chris Wright, Trump’s nominee to head the Department of Energy, said removing bureaucratic barriers to project development would be a top priority during a Senate confirmation hearing on Jan. 15.
Pioneer to Adapt Emvolon’s Flare Gas-to-Methanol Tech
The Department of Energy awarded Pioneer Energy $6 million to demonstrate the technology at an oil and gas facility in the Eagle Ford Shale for 12 months.
Analysts: DOE’s LNG Study Will Result in Few Policy Changes
However, the Department of Energy’s most recent report will likely be used in lawsuits against ongoing and future LNG export facilities.
Commentary: Maximizing the Opportunity for Energy Dominance
Energy produced in the U.S. already has a strong grip on global markets. But with the country on the cusp of a new regulatory environment, will the U.S. capitalize on the opportunity to maximize energy dominance?
Gulf Coast, Midwest Hydrogen Hubs Land up to $2.2B in DOE Funding
The funding, awarded by the Department of Energy, is part of up to $7 billion the U.S. allocated to establish hydrogen hubs across the country.
Occidental CEO Sees Bipartisan DAC Support as Projects Advance
Occidental Petroleum CEO Vicki Hollub said the next president will be positive for the U.S. energy industry, especially direct air capture.
DOE Closes $475MM Loan for Li-Cycle’s Lithium-Ion Recovery Hub
Li-Cycle’s resource recovery facility, located in Rochester, New York, will use recycled materials to support the production of up to 180,000 electric vehicles annually.
Marcellus Waiting to Exhale But Held Back by Regional, Economic Factors
After years of exploitation as one of the country’s first unconventional shale plays, the Marcellus still has plenty of natural gas for producers, even if regional and economic factors have kept much of it bottled up.
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
LongPath Technologies Secures DOE Loan to Expand Emissions Monitoring Network
LongPath aims to construct and install more than 1,000 remote monitoring towers across oil and gas basins including the Permian, Denver-Julesburg and Anadarko.
Energy Transition in Motion (Week of Oct. 18, 2024)
Here is a look at some of this week’s renewable energy news, including approval of a 2-gigawatt geothermal project in Utah.
DOE to Offer Up to $1.3B to Advance CCUS Technologies
The Office of Clean Energy Demonstrations said it anticipates the funding solicitation will be released in late 2024.
Objection: Energy Execs Indict DC Appellate Court’s LNG Rulings
An ongoing battle with the D.C. Court of Appeals may affect all future FERC-related projects.