Saturday, November 30, 2024
API: EPA’s proposed NAAQS revisions “jeopardize” American jobs, risk “substantial” economic harm- oil and gas 360

API: EPA’s proposed NAAQS revisions “jeopardize” American jobs, risk “substantial” economic harm

World Oil (WO) — The American Petroleum Institute (API) joined with over 70 other trade groups representing diverse businesses across the economy in urging the Biden administration to maintain the existing National Ambient Air Quality Standards (NAAQS) for fine particulate matter (PM2.5).   In a letter to White House Chief of Staff Jeff Zients, the organizations warned that moving forward

Cureton Midstream announces sale to Williams- oil and gas 360

Cureton Midstream announces sale to Williams

Oil and Gas 360 November 2, 2023 —Tailwater Capital LLC (“Tailwater”), an energy and growth infrastructure private equity firm, and a fund managed by the Private Equity Group of Ares Management (“Ares”), a leading global alternative investment manager, today announced that they have signed definitive agreements to sell Cureton Front Range LLC (“Cureton” or the “Company”) to Williams Field Services

U.S. oil groups urge Biden administration to support energy security by removing offshore production barriers- oil and gas 360

U.S. oil groups urge Biden administration to support energy security by removing offshore production barriers

World Oil (WO) – The American Petroleum Institute (API) called on the Biden administration to help meet growing energy demand by allowing for consistent and predictable access to America’s vast energy resources offshore. In comments submitted to the Bureau of Ocean Energy Management (BOEM) in response to the Call for Information and Nominations for 2024-2029 Gulf of Mexico Lease Sales,

Exxon completes $4.9 billion Denbury acquisition- oil and gas 360

Exxon completes $4.9 billion Denbury acquisition

Oil Price ExxonMobil said on Thursday it had completed the acquisition of carbon solutions provider Denbury in an all-stock transaction valued at $4.9 billion, which makes the U.S. supermajor the holder of the largest owned and operated CO2 pipeline network in the U.S. The deal, first announced in July this year, obtained Denbury shareholder approval earlier this week. The combination will further expand ExxonMobil’s