Solar Firm Sunnova Says Trump Administration Cancels $2.92B Loan

Sunnova Energy’s loan cancelation comes as the Trump administration, pushing to maximize oil and gas production, is reviewing government financing for alternative energy.

May 28, 2025

Doral Renewables Secures $1.5B in Financing for Mammoth Solar Projects

The Mammoth South, Mammoth Central I and Mammoth Central II projects are scheduled to begin commercial operations in fourth-quarter 2026, Doral Renewables says.

May 19, 2025

White Oak Affiliate Funds $125MM Credit Facility for Energy Services Company

The $125 million fund is the latest in White Oak Commercial Finance’s deployment of flexible asset-based lending solutions within the energy and manufacturing sectors.

May 15, 2025

Phillips 66 Sells Majority Interest in European Fuel Retailer

Stonepeak and Energy Equation Partners acquired a 65% interest in JET Tankstellen Deutschland from Phillips 66 in a transaction valuing the business at US$2.8 billion.

May 15, 2025

TXO Prices Public Offering at $175MM to Fund White Rock Deal

Proceeds from the offering will be used toward funding TXO Partner’s acquisition of White Rock’s Elm Coulee Field assets for $350 million, announced May 13.

May 14, 2025

Pembina Keeps Option Open to Repurchase Shares to Boost Market Price

Pembina Pipeline has renewed its normal course issuer bid to have the option to repurchase up to 5% of its common shares.

May 14, 2025

Kayne Anderson Closes on Its Largest Energy Fund with $2.25B Raised

Kayne Anderson’s $2.25 billion Kayne Private Energy Income Fund III LP exceeded its original $1.5 billion target.

May 14, 2025

Trauber: Shell-BP Merger Would Make “A Lot of Sense”

BP’s U.S. shale operations include the Permian, Eagle Ford and Haynesville. The next wave of oil and gas consolidation may include mergers between the majors, veteran M&A insider Stephen Trauber of Moelis tells Hart Energy.

May 12, 2025

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”.

May 12, 2025

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.

May 12, 2025