Uncle Sam Offers Up Cash For Cleaner Air

Biden targets methane releases with $850mm in grants; Japanese E&P Mitsui & Co. acquires 46k acrers in Tatonka shale gas asset in Texas from Sabana LLC. and Vanna LLC.; California pension funds face new challenges over oil investments; Goldman Sachs appoints John Hess to board in ongoing saga with Chevron's $53b acqusition bid for Hess hanging in the balance.

Author

Rob Quigley
June 25, 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:

Biden targets methane releases with $850mm in grants

Biden administration targets methane releases from oil, gas sector with $850 million in grants

The Biden administration will make available $850 million in funding for projects to slash methane emissions from oil and gas production.

www.ogj.com/general-interest/government/article/55090405/biden-administration-targets-methane-releases-from-oil-gas-sector-with-850-billion-in-grants

Goldman Sachs appoints John Hess to board in ongoing saga with Chevron's $53b acqusition bid for Hess hanging in the balance.(WorldOil.com)

California pension funds face new challenges over oil investments.(Rigzone.com)

Japanese E&P Mitsui & Co. acquires 46k acrers in Tatonka shale gas asset in Texas from Sabana LLC. and Vanna LLC.(NaturalGasWorld.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

  • Biden targets methane releases with $850mm in grants.(OGJ.com)

  • Goldman Sachs appoints John Hess to board in ongoing saga with Chevron's $53b acqusition bid for Hess hanging in the balance.(WorldOil.com)

  • ExxonMobil enlists Fulcrum LNG to develop offshore Guyana.(WorldOil.com)

  • Business World Begins U-Turn on Climate Targets.(OilPrice.com)

  • California Pension Funds Face New Fight over Oil Investments.(Rigzone.com)

  • American Jet Fuel Finally Sees Covid Rebound.(OilPrice.com)

  • Carbon capture industry to depend on oil and gas workers as new Louisiana facilities approach operations.(WorldOil.com)

  • US NatGas prices ease to 2-week low on output rise, lower demand forecast.(BOEReport.com)

  • Murphy Oil seeks Côte d'Ivoire drilling start in a year.(BOEReport.com)

  • Rising US labor costs threaten new LNG projects.(BOEReport.com)

  • Shell tests natural gas truck for reduced emissions.(BizJournals.com)

  • Equinor, Orlen partner for offshore Norway oil and gas discovery.(WorldOil.com)

Deal Flow

M&A/Investment

  • Japanese E&P Mitsui & Co. acquires 46k acrers in Tatonka shale gas asset in Texas from Sabana LLC. and Vanna LLC.(NaturalGasWorld.com)

IPO/Direct Listing/Issuances/Block Trades

  • No deals that match this criterion.

Debt

  • No deals that match this criterion.

SPAC

  • No deals that match this criterion.

Bankruptcy/Restructuring/Distressed

  • No deals that match this criterion.

Fundraising

  • No deals that match this criterion.

Our firm has been in the business of appraising oil and gas assets for nearly 30 years. We have always prioritized customer service, and we fully understand the technical and financial importance of our reports for numerous stakeholder groups. We are here to provide clear and accurate analysis that supports reserves and valuations you can trust.

Stan S. Valdez, P.E. President

Only the Finest, Refined Memes:

Meme of the Day: #3

Meme of the Day: #2

Meme of the Day: #1