The Latest

NRG Stock Soars on $12B NatGas Power Plant Fleet Acquisition

The $12 billion deal positions NRG to capitalize on a power-hungry future driven by data centers and grid strain.

What's Affecting Oil Prices This Week? (May 12, 2025)

U.S. officials said on May 11 that a deal had been made to reduce the U.S. trade deficit with China. While all the details may not be established, oil prices will get another boost from this “deal”.

US House Budget Bill Seeks More Than $1.5B for Strategic Petroleum Reserve

The proposal from the House Committee on Energy and Commerce contains $1.32 billion to purchase oil to help replenish the Strategic Petroleum Reserve and $218 million for maintenance of the facility.

Aligned Climate Closes Solar Fund with Over $200MM in Commitments

The fund, called Aligned Solar Partners 6 LP (ASP6), acquires construction-ready distributed solar projects from development partners across the U.S.

Enbridge Keeps the Focus on NatGas Amid Market Uncertainty

Enbridge CEO Greg Ebel said the company remains committed to growing its natural gas network.

Oxy’s Non-Oil, Gas Projects to Add $1B in Free Cash Flow

Occidental Petroleum’s cash flow improvements are expected as spending falls for projects, such as 1PointFive’s Stratos direct air capture, which will augment its ongoing oil and gas efficiency improvements.

Plains All American Adds Crude Midstream Assets in Midland Basin

Plains All American purchased midstream assets in Wyoming, the Permian Basin and alleviated NGL bottlenecks in Canada.

Money Talks: BOK Financial on Bid-Ask Spread Challenges to M&A

Commodity price volatility is making it difficult to close the bid-ask spread between buyers and sellers, BOK Financial’s Cristina Stellar tells Hart Energy.

CRC to Start Construction on California’s First CCS Project in ‘25

California Resources Corp.’s carbon management subsidiary Carbon TerraVault Holdings is targeting additional carbon capture and storage projects.

ConocoPhillips CFO Bill Bullock to Retire After Nearly Four Decades

ConocoPhillips’ W.L. (Bill) Bullock is retiring from his roles as executive vice president and CFO after 39 years of service. Andy O’Brien will assume the role of CFO.