Hess prevailed in international arbitration against Exxon Mobil, clearing a path to close its $53 billion sale to Chevron. The international case focused on Hess’ ownership stake in Guyana’s Stabroek field.
The FTC voted 3-0 to set aside orders barring oil veterans John Hess and Scott Sheffield from serving on the Chevron and Exxon boards, respectively.
The FTC voted 3-0 to set aside an order barring oil veteran John Hess from serving on the Chevron board. Chevron is still working to close a $53 billion merger with Hess Corp.
Startup E&P Blackjack Natural Resources is launching with backing from Pearl Energy Investments to target M&A in the Midcontinent.
Talen Energy is purchasing Caithness Energy’s Moxie Freedom Energy Center in Pennsylvania and Caithness and BlackRock’s Guernsey Power Station in Ohio.
GeologicAI’s Series B funding round was led by Blue Earth Capital with participation from mining companies BHP Ventures and Rio Tinto.
The agreement between Denmark-based NKT and Helix covers installation, offshore operations, project engineering and maintenance of the T3600 subsea trencher.
The Canadian national government says the new fast-track laws are required to speed up key infrastructure projects.
Midstream company Kinetik Holdings becomes one of the first listings on the newly opened NYSE Texas exchange.
The Federal Energy Regulatory Commission has approved Freeport LNG’s revised timeline for an expansion of its fourth LNG train on the Texas Coast.
