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EQT announces $3.5 billion midstream joint venture with Blackstone Credit & Insurance

PITTSBURGH, Nov. 25, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance (“BXCI”), to form a new midstream joint venture (the “JV”) consisting of EQT’s ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – …

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AI Boom Propels a Wild-West-Era Texas Landowner to 230% Stock Rally

Texas Pacific Land Corp.’s value has soared as Big Tech plows cash into sprawling US data centers A Texas land company founded during the Wild West era more than a century ago is becoming an unlikely beneficiary of market euphoria over artificial intelligence. Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its …

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Trump’s Energy Czar Burgum Is a Powerful Cabinet Pick – If Trump Stays Happy

The North Dakota governor would have an unusually broad portfolio as Trump’s energy czar and Interior Secretary.  By Patricia Lopez Patricia Lopez is a Bloomberg Opinion columnist covering politics and policy. She is a former member of the editorial board at the Minneapolis Star Tribune, where she also worked as a senior political editor and …

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How Indian Billionaire Gautam Adani’s Alleged Bribery Scheme Took Off and Unraveled

Summary India’s Gautam Adani charged in US over alleged bribes SEC investigation dates back at least two years FBI seized Adani nephew’s electronics in 2023 (Reuters) – In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar development bid ever awarded: an agreement to …

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Russian Gas Flows to Europe via Ukraine Stable Despite Gazprom-OMV Row

Summary Nominations to Austria unchanged in recent days Gazprom halted flow to Austria’s OMV in mid-November (Reuters) – Russian gas exports to Europe through Ukraine have been stable on Monday despite a contractual row between Kremlin-owned Gazprom  and Austria’s OMV , which halted gas flows to the Vienna-based company this month. Russia stopped gas supplies to OMV in …

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LNG is Stepping Up to Solve Europe Gas Woes, But at a Price

By Clyde Russell (Reuters) – Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG) market already stepping up to avoid any shortfall, albeit at higher prices. European natural gas prices climbed to the highest level in two years last week, with the benchmark front-month contract …

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Ring Energy Announces Addition to Management Team

THE WOODLANDS, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the addition of a new senior technical executive. Mr. James J. Parr joins Ring as Executive Vice President, Exploration and Geosciences. Mr. Parr is an experienced petroleum geologist with over 30 years of energy …

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Coming Soon – December 3-4! Join North America’s Largest Summit on Measuring, Monitoring and Mitigating Methane Emissions from Oil & Gas

There are now just 3 weeks to go until the Methane Mitigation America Summit kicks off in Houston, Texas from December 3-5, 2024, and by joining us there, you can benefit from attending with over 200 oil and gas industry peers. We have a wide range of sessions available centered around the current state of …

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