Sierra

Mexico’s National Hydrocarbons Commission (CNH) has approved the final list of participants in three farmout auctions scheduled for next week.

A coalition of environmental groups led by the Sierra Club filed a rehearing request Thursday challenging FERC’s recent certificate approving the Nexus Gas Transmission natural gas pipeline and related projects.

Emboldened by an Aug. 22 court ruling that FERC’s analysis of greenhouse gas (GHG) emissions from Sabal Trail and two other natural gas pipelines was inadequate, the Sierra Club is using that case to challenge the proposed Mountain Valley (MVP) and Atlantic Coast (ACP) pipelines.

Private equity (PE) giant Apollo Global Management LLC is teaming up again with Double Eagle Development LLC to create a Permian Basin-focused explorer.

Post Oak Energy Capital LP is opening up its pocketbook once again, agreeing to commit $100 million to Sierra EF LP, which is zeroing in on the Eagle Ford Shale’s dry natural gas window in South Texas.

A federal appeals court on Tuesday rejected two cases brought by the Sierra Club in its effort to thwart exports of U.S. liquefied natural gas (LNG). However, the door is still open to new and ongoing challenges.

Opposition forces trying to stop the Atlantic Coast Pipeline (ACP), having already filled FERC’s docket with comments, are now petitioning the Federal Trade Commission (FTC) with claims that the project violates antitrust laws.

Natural gas forward prices bounced back this week by an average of more than 10 cents as conditions became oversold thanks to several weeks of double-digit declines across the front of forward curves, according to NGI’s Forward Look.

Mexico’s first independent exploration and production (E&P) company is securing its initial $525 million in funding with the help of private equity (PE) investors, including two big U.S. firms.