Texas Deepwater Sells Land to Summit Next Gen for Sustainable Jet Fuel Project

Texas Deepwater Partners (TDWP) has closed the sale of a 60-acre plot on the Houston Ship Channel to Summit Next Gen which plans to use the site to build an at-scale ethanol-to-jet fuel (ETJ) facility to make sustainable aviation fuel (SAF).

Canadian Drilling – Oil Rig Count Roars Back; Gas Rig Count Lacks Staying Power

For the week ending September 27, Baker Hughes reported that the Western Canadian gas-directed drilling rig count fell one to 65 (blue line in left hand chart below) and 11 less than one year ago.

Senate Bill Would Boost 45Q Tax Credit

The 45Q tax credit for carbon sequestration would see significant revisions under the Enhanced Energy Recovery Act, which was introduced this week by a trio of Republican senators.

Validus Expands Mid-Continent Footprint with Citizen Energy Acquisition

The U.S. oil and gas industry’s record wave of consolidation shows no signs of slowing. Denver-based private oil and gas producer Validus Energy has struck a deal to acquire Tulsa-based rival Citizen Energy, backed by private equity firm Warburg Pincus, for $2+ billion.

A New Era Dawns, But Nostalgia Runs Deep — Chesapeake and Southwestern Energy to Merge as Expand Energy Corporation

As Chesapeake Energy merges with Southwestern Energy, a new chapter begins under the banner of Expand Energy Corporation.

New Constraint Enters Just Before Old Constraint Disappears For Appalachian Gas

Northeast gas production always vastly outstrips in-region demand, and this is even more true in the shoulder season of early fall, when demand for natural gas in the Northeast is low.

U.S. Was Top Motor Gasoline Exporter to the World in 2023

The United States accounted for 16% of motor gasoline exports globally last year (see blue bar in graph below), making it the largest seller of the product. This product category involves finished gasoline and gasoline blending components.

Genesis CHOPS Pipeline Maintenance Delayed to Second-Half October

Genesis plans to postpone maintenance scheduled for its Cameron Highway Oil Pipeline System (CHOPS) to the second-half of October from its previous plan in first-half of October.

Hurricane Helene to Make Landfall Between Major Energy Infrastructure

Hurricane Helene is expected to slam into the Florida Panhandle as a Category 3 storm late Thursday (9/26) on a path in between coastal energy infrastructure.

EPIC Crude Pipeline Secures Long-Term Commitments

Permian pure-play companies Diamondback and Kinetik Holdings (formed in 2022 by the merger of Altus Midstream and EagleClaw Midstream’s parent) together have acquired

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