HNO International Enters $10MM Hydrogen Offtake Agreement
HNO International has agreed to supply hydrogen to a Texas-based company from its 1.25-megawatt hydrogen platform.
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Trump Says He’s Moving Ahead With 25% Tariff on Canada and Mexico February 1, but Not Necessarily on Oil
U.S. President Donald Trump on Thursday said he would be moving ahead to put a 25% tariff on imports from Mexico and Canada that would take effect on Feb 1. When asked if the tariffs would include tariffs being impossed on oil imports, Donald Trump responded as follows. “We may or may not. We’re going …
Baker Hughes Wins LNG Technology Orders for Venture Global
Baker Hughes Co. also signed a multiyear services agreement to support the first two phases of Venture Global’s Plaquemines LNG project in Louisiana.
EnLink Investors Vote in Favor of ONEOK Buyout
Holders of EnLink units voted in favor of ONEOK’s $4.3 billion acquisition of the stock, ONEOK announced Jan. 30.
Buyout Firm NGP Seeks $2 Billion Sale of Gas Producer Camino, Sources Say
(Reuters) – Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may achieve a valuation of around $2 billion including debt, sources familiar with the matter said on Thursday. Among the largest remaining private producers in the Anadarko basin of Oklahoma, Camino covers around 135,000 …
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Goldman Sachs’ $150MM Claim Against Energy Transfer Dismissed
Goldman Sachs and a group of Canadian investors had brought the suit related to ET’s Revolution pipeline.
EIA: NatGas Storage Withdrawal Eclipses 300 Bcf
The U.S. Energy Information Administration’s storage report failed to lift natural gas prices, which have spent the week on a downturn.
Hibernia IV Joins Dawson Dean Wildcatting Alongside EOG, SM, Birch
Hibernia IV is among a handful of wildcatters—including EOG Resources, SM Energy and Birch Resources—exploring the Dean sandstone near the Dawson-Martin county line, state records show.
Halliburton Secures Drilling Contract from Petrobras Offshore Brazil
Halliburton Co. said the contract expands its drilling services footprint in the presalt and post-salt areas for both development and exploration wells.
Camino Reportedly Seeking $2B Sale as Midcon M&A Heats Up
Oklahoma producer Camino Natural Resources—one of the Midcontinent’s largest private E&Ps—is reportedly exploring a sale in the range of $2 billion.