Carbon Removal Company Equatic Appoints New CEO
Equatic appointed a new CEO in preparation to launch the world’s largest ocean-based carbon removal plant.
First Permits for Enbridge’s Line 5 Re-Route Issued in Wisconsin
Wisconsin’s Department of Natural Resources approved an environmental plan to move Enbridge’s Line 5 pipeline’s path off of a tribal reservation.
MVP Lithium Taps Evove to Commission DLE Plant in Canada
Midas Vantage Projects Lithium said the plant will be located in the Montney Formation in Canada and is considered a “promising new lithium resource.”
Dividends Declared Week of Nov. 11
Here is a compilation of dividends declared from select E&Ps in fourth-quarter 2024 during the week of Nov. 11.
Ovintiv Swaps the Uinta for Montney in Multiple M&A Moves
Ovintiv is expanding greatly in the Canadian Montney Shale play through a US$2.38 billion deal with Paramount Resources and exiting the newly booming Uinta Basin in Utah with a $2 billion sale to FourPoint Resources.
CEO: Ovintiv Passes on Permian Prices for More Montney Condensate
Rumored to be a potential buyer in the Permian Basin, Ovintiv instead struck a deal for lower-cost oil and condensate assets in Alberta’s Montney Shale.
Trafigura Signs NatGas Supply Agreement with NuVista
Under the agreement, NuVista Energy will supply Trafigura with 21,000 MMBtu/d of natural gas for up to thirteen years, starting Jan. 1, 2027.
Energy Transition in Motion (Week of Nov. 8, 2024)
Here is a look at some of this week’s renewable energy news, including a solar panel deal involving a 5-gigawatt solar module facility south of Dallas.
Dividends Declared Week of Nov. 4
Here is a compilation of dividends declared from select upstream and midstream companies in the week of Nov. 4.
OPEC Outlook: US Shale Oil Volumes to Hit 16.7 MMbbl/d by 2030
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.