Let's Slash the Permtting Red Tape

Senators propose bill to expedite energy project approvals; Archrock buys natgas compression firm for $983 million; New Fortress Energy's rapid LNG project sees first gas; 1 day after bowing out, Biden allocates $4.3bn to cut emissions

Author

Rob Quigley
July 23, 2024

by VSO Petroleum Consultants. Oil and Gas industry news for those in the deal flow (Investors and A&D Professionals). Your daily source for the latest A&D/M&A news, industry news, and expert interviews.

First Things First:

Senators propose a new bill to speed up the approval process for energy projects, aiming to boost industry efficiency.

US senators introduce bill to speed approvals of energy projects | BOE Report

The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural gas export projects. Senators Joe Manchin, an independent who caucuses with Democrats, and John Barrasso, a Republican, said their bill would strengthen the power grid and help keep power prices low.

boereport.com/2024/07/22/us-senators-introduce-bill-to-speed-approvals-of-energy-projects

Archrock buys natgas compression firm for $983 million.(hartenergy.com)

New Fortress Energy's rapid LNG project sees first gas.(worldoil.com)

1 day after bowing out, Biden allocates $4.3bn to cut emissions.(upstreamonline.com)

VSO is the go-to consulting firm for buy-side technical due diligence. We can handle all your technical evaluations or can be your spare capacity when you need overflow help. If you’re in the deal flow, let’s work together.

Daily Headlines

  • Senators introduce bill to speed energy project approvals.(boereport.com)

  • New Fortress Energy's rapid LNG project sees first gas.(worldoil.com)

  • 1 day after bowing out, Biden allocates $4.3bn to cut emissions.(upstreamonline.com)

  • Hamm Institute for American Energy partners with South Korean energy producer.(worldoil.com)

  • Summit Midstream to ditch MLP structure.(bizjournals.com)

  • Opinion: Guyana, Namibia surpass legacy African producers.(worldoil.com)

  • PetroChina joins big oils’ pledge to eliminate methane emissions.(rigzone.com)

  • Zachry proposes settlement to end Golden Pass LNG standoff.(hartenergy.com)

  • U.S. oil extends decline amid political unrest.(rigzone.com)

Deal Flow

M&A/Investment

IPO/Direct Listing/Issuances/Block Trades

  • Talos increases buybacks, pays down debt after $1.29 billion QuarterNorth deal.(hartenergy.com)

  • Aramco confirms $6 billion bond issuance.(rigzone.com)

Debt

  • No deals in this category.

SPAC

  • No deals in this category.

Bankruptcy/Restructuring/Distressed

  • No deals in this category.

Fundraising

  • No deals in this category.

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