Lease Sales

Coterra, Civitas Win Big in Record New Mexico State Lease Sale

Premium, undrilled inventory in the core of the Delaware Basin was gobbled up in New Mexico’s record-setting state lease sale. Coterra, Civitas and a resurgent Avant Natural Resources were among the winning bidders.

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Liquefied Natural Gas (LNG)

Venture Global Signs Calcasieu Pass 2 LNG Supply Deal with Eni

Italy has agreed to its first long-term contract with the U.S. with an agreement between Eni and Venture Global for 20 years of LNG supply from Calcasieu Pass 2.  

Mergers

SLB Closes $7.76B ChampionX Purchase After Prolonged Review

SLB closed its long-awaited acquisition of ChampionX, adding scale in North America and growing in the production and recovery segment. The deal faced over 15 months of regulatory scrutiny in markets worldwide.

New Energies

Tax Credit Rollbacks to Set Back Clean Energy Projects

Some clean energy projects will likely be battered, energy experts say, but it’s not a death sentence for clean energy technologies like wind and solar.

Lithium

Second-Life EV Batteries Play Role in Satisfying Booming Demand

Used electric vehicle batteries could have another go at life in energy storage applications. Second-life EV batteries may be the answer to the demand boom sparked by AI power needs, said battery recycling company Redwood Materials.

Power Generation/Powergen

Trump-Backed Investors Go $90B Big in Pennsylvania

President Trump has joined energy and tech companies in a program pledging investments totaling $90 billion to boost AI efforts in Pennsylvania.

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Oil and Gas Investor Magazine

Harold Hamm is Still Wildcatting After All These Years

As the founder and chairman of Continental Resources reflects on 25 years of Bakken horizontal development, Harold Hamm urges his fellow U.S. producers to “never quit exploring.”