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HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments. “This transaction accelerates our strategy to strengthen Occidental’s balance sheet and focus on our deep and diverse …
Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its previously announced joint venture with a subsidiary of Cactus, Inc., in which Baker Hughes has contributed its surface pressure control …
Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture Read More »
Energy Transfer Cites Focus on Capital Allocation Discipline DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE:ET) announced today that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural gas pipeline infrastructure projects that Energy Transfer believes provides superior risk/return profiles. Energy Transfer management has determined …
Energy Transfer Announces Suspension of Development of Lake Charles LNG Read More »
LONDON–(BUSINESS WIRE)–MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its acquisition of a 20% interest in PETRONAS’ key entities in Canada. The transaction includes a 20% interest in the North Montney Upstream Joint Venture …
EIG’s MidOcean Energy Completes Acquisition of Interest in Canada from PETRONAS Read More »
Calgary, Alberta–(Newsfile Corp. – December 17, 2025) – Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) (“Greenfire” or the “Company“) today announced preliminary results of its C$300 million rights offering, which expired at 4:00 p.m. (Calgary time) on December 16, 2025 (the “expiration date“). Upon closing of the rights offering, the Company expects to issue 55,147,058 common shares, …
Greenfire Resources Announces Preliminary Results for Rights Offering Read More »
DENVER, Dec. 15, 2025 /PRNewswire/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) and a subsidiary of Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) today announced the signing of a 12-year agreement (the “Agreement”) for 0.5 million tonnes per annum (“mtpa”) of Pembina’s liquefaction capacity at the Cedar LNG facility (“Cedar LNG”). The Agreement enables the …
Ovintiv Enters Into Agreement for Cedar LNG Capacity Read More »
AUSTIN, Texas (Dec. 9, 2025) Enverus, the leading energy SaaS and analytics platform, today announced the appointment of Matt Johnson as its new president and Chief Revenue Officer (CRO), effective December 8, 2025. Johnson brings more than two decades of experience in enterprise software leadership, most recently serving as president of Mitratech, where he led …
Enverus Appoints Matt Johnson As President and CRO Read More »
Increases of $5 billion in earnings and cash flow growth at constant prices and margins vs. prior plan with no capital spending increase1 Cumulative structural cost savings plan increased by $2 billion, now $20 billion vs. 2019 All 2030 corporate GHG emissions intensity plans now expected to be achieved in 2026 SPRING, Texas–(BUSINESS WIRE)–ExxonMobil today …
HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) today announced an organic capital expenditure range of $18 to $19 billion for consolidated subsidiaries (capex) for 2026, at the low-end of the long-term guidance range of $18 to $21 billion. Affiliate capital expenditure (affiliate capex) is expected to be $1.3 to $1.7 billion for 2026. “Our 2026 capital program focuses …
Chevron Announces 2026 Capex Budget of $18 to $19 Billion Read More »
Report reveals congestion risks, infrastructure growth, and forecasts for North American energy markets AUSTIN, Texas (Dec. 2, 2025) Enverus, the leading energy SaaS and analytics platform, is releasing its 2025 Winter Power Market Outlook, providing actionable insights for stakeholders across North America’s major power markets. The report forecasts significant infrastructure growth in solar and battery energy …
Enverus Unveils 2025 Winter Power Outlook, Spotlights Renewables and Market Shifts Read More »
