** Tallgrass Energy reports it has secured shipper agreements for its planned pipeline to link the Permian Basin to its network in the Midwest, Great Plains, and Rocky Mountains.
** Alaska’s Republican Gov. Mike Dunleavy freezes state hiring and some official travel as low oil prices lead to decreased revenue.
** The U.S. Nuclear Regulatory Commission (NRC) accepted Dow’s construction permit application to build X-energy’s first small modular reactor plant to power a chemical facility in Seadrift, Texas.
** TXO Partners LP has agreed to acquire producing assets in the Elm Coulee Field of the Williston Basin from White Rock Energy, a Quantum Capital Group portfolio company. The total cash consideration for TXO is approximately $350 million, of which $70 million will be deferred and payable a year after the deal’s closing.
** ArcLight Capital Partners has closed on its $1.7 billion deal with Brookfield Infrastructure, making the investment company the largest stake owner of the Kinder Morgan-operated Natural Gas Pipeline Co. of America.
** The Tennessee Valley Authority sees generation from natural gas-fired plants eclipse its nuclear power over the first quarter of the year due to a series of unplanned outages at its nuclear plants.
** U.S. Energy Secretary Chris Wright says he is “passionately in support” of retaining four eastern Washington hydropower dams that advocates and tribal nations have targeted for removal to benefit fish.
World
** Nissan on May 13 announced sweeping cuts across the company with plans to lay off another 11,000 employees and close more than a half-dozen plants across the globe.
** Tamboran is selling interest in 100,000 acres to Daly Waters Energy for US$15 million as part of a deal to finalize the checkerboard of their joint acreage position in Australia’s Beetaloo Basin.
** Denmark is considering lifting a 40-year-old ban on nuclear power to enhance its energy security, its energy minister said, marking a significant policy shift in a country that has prioritised expanding wind and solar power.
** Italian energy company Edison announced on Wednesday that it had received its first cargo of Liquefied Natural Gas (LNG) delivered by Venture Global, a U.S.-based firm. It added that it would pursue legal action over the delays in delivery. Edison reported that a cargo of 165,000 cubic meters of LNG, from Venture Global’s Calcasieu Pass facility in Louisiana, arrived at the Italian Port of Piombino to be regasified before being fed into the Italian network.
** Ethiopia’s Finance Ministry said that it has signed deals worth over $1.7 billion with Chinese companies, mainly in the minerals and energy sector. The East African nation is undergoing a massive reform program, including the flotation and restructuring of its debt of $8.4 billion with its official creditors.
