Mexico Pacific Working with Financial Advisers, Eyes Saguaro LNG I FID
Mexico Pacific is working with MUFG, Santander and JP Morgan to arrange the financing needed to support FID and the anchor phase of Saguaro Energía LNG.
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Acquisitions & Divestitures
Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says
Crescent Energy CEO David Rockecharlie said that after closing the SilverBow acquisition, the company is continuing to hunt for new assets, although few make it past the company’s screening process.
Renewables
EIA: Construction Costs for Gas-fired Power Stays Well Below Solar, Wind
Combined-cycle generation takes a lead as U.S. electricity demand is expected to rise.
Energy Storage
RWE Pushes 1 GW of US Battery Energy Storage Projects to Boost Grid
As utility-scale battery energy storage projects boost grid reliability, RWE Clean Energy is adding projects in the U.S.
Carbon Management
LongPath Technologies Secures DOE Loan to Expand Emissions Monitoring Network
LongPath aims to construct and install more than 1,000 remote monitoring towers across oil and gas basins including the Permian, Denver-Julesburg and Anadarko.
Wind
Dominion Energy, Stonepeak Close $2.6B Offshore Wind Deal
The close marked the completion of Dominion’s business review targeting $21 billion of debt reduction initiatives.
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Oil and Gas Investor Magazine
Now, the Uinta: Drillers are Taking Utah’s Oily Stacked Pay Horizontal, at Last
Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.