Energy Update
In May 2016, then-candidate Donald Trump released his America First Energy Plan, including a number of measures to be taken within the first 100 days of his presidency. Broadly speaking, these commitments reflect the intent of the Trump administration to deregulate domestic U.S. energy production to drive private sector growth for coal, oil, and natural gas.
Matador Resources has formed a joint venture with a subsidiary of Five Point Capital Partners to operate and expand midstream assets in the Delaware Basin in the US.
The Technical University of Madrid last week said that it will work with seven European R&D institutions to develop a new generation of ultra-compact energy storage devices based in molten silicon and solid state heat-to-power converters.
Sonnen GmbH, a German manufacturer of batteries for residential and commercial energy storage, plans to combine research and manufacturing at a new facility in Atlanta as part of a U.S. expansion.
A study has found gaps in cyber security readiness in American oil and gas industry even though 68% of the companies faced at least one security compromise in the past year.
Mexico’s plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex.
Global drilling and engineering contractor KCA Deutag has been awarded a contract extension by Sakhalin Energy Investment Company for platform drilling services on its three platforms offshore Sakhalin Island in Russia.
Engineering company Monadelphous Group in joint venture with Jacobs Engineering Group, has received a letter of intent from Oil Search.
The U.S. Senate today approved Scott Pruitt as administrator of the U.S. Environmental Protection Agency.
Xcel Energy announced today a partnership with the Federal Aviation Administration to research the safe operation of drone technology to inspect critical infrastructure.
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