What M&A Drought? NOG ‘Assessing’ 10 Deals Valued at $8B
Northern Oil and Gas, with a history of teaming up with other dealmaking E&Ps, is seeing what executives called some of the largest non-op asset packages, “maybe ever” hit the market.
NextNRG Appoints Michael Weisz to Strategic Advisory Board
Former Yieldstreet CEO Michael Weisz brings $6 billion investment record to guide energy platform NextNRG’s growth and technology expansion.
After Shell Triumph, Venture Global Expects More Arbitration Wins
Following Venture Global’s triumph in its dispute with Shell, the ruling has boosted the LNG developer’s confidence as disputes with BP, Edison and Galp near decisions.
Greenbacker Sells 51-MW Solar Portfolio to CleanCapital
The sale to CleanCapital follows Greenbacker’s financing of nearly $1 billion to support the construction of a utility-scale solar farm in New York.
Skycorp Expands into Solar Power Generation with Acquisition
China-headquartered Skycorp Solar Group said it executed an agreement to acquire 8,705 kilowatts of solar power stations for approximately $4.25 million.
Epsilon Energy Buys Jack Vaughn’s Peak E&P in Powder River
Public E&P Epsilon Energy is acquiring Peak Exploration and Production and its affiliates in the core of the Powder River Basin for approximately $86.26 million.
US Crude and Distillate Inventories Rise, Gasoline Inventories Fall, EIA says
U.S. crude and distillate inventories rose while gasoline stockpiles fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3 million barrels to 426.7 million barrels in the week ended August 8, the EIA said, compared with analysts’ expectations in a Reuters poll for a 275,000-barrel draw. Crude stocks at the …
US Crude and Distillate Inventories Rise, Gasoline Inventories Fall, EIA says Read More »
Venture Global LNG Expects to Win Remaining Arbitration Cases against Major Energy Companies
Liquefied natural gas producer Venture Global expects to win its remaining arbitration cases against major energy companies following its victory against Shell, CEO Mike Sabel said on Wednesday. The Arlington-based company’s stock rose 8% at midday, a day after it won the legal battle over Shell’s failure to deliver LNG under long-term contracts starting in …
Crude Oil flows on Enterprise’s Texas Seaway Pipeline Fall, Leak Reported
Crude oil flows on the Seaway pipeline in Texas fell on Wednesday, four sources said, as the pipeline’s operator reported a leak on the system to state regulators. The 950,000-barrel-per-day Seaway pipeline runs between Cushing, Oklahoma, and the Freeport, Texas, area and connects to the Enterprise Crude Houston (ECHO) terminal, a storage facility in southeast …
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Gas to Gigawatts: BKV Aligns CCS, Production, Power for Growth
The CCS-production-power trio comprises what BKV calls a ‘winning formula’ as the company aims to inject 1 million tons per year of CO2 by the end of 2027.