U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from sagging.
The acquisition of Moda Midstream, which includes 100% operating interest in the Ingleside Energy Center—North America’s largest crude export terminal—significantly advance Enbridge’s U.S. Gulf Coast export strategy.
Michael Garberding’s career has spanned across all aspects of corporate strategy, business development and finance and accounting in various energy companies, including as president and CEO of Enlink Midstream.
HEQ Deepwater, a partnership between Quantum and Houston Energy, recently acquired a stake in the Shenandoah deepwater project in the U.S. Gulf of Mexico.
FlexGen’s energy storage solutions bridge the gap of reliability for the grid and help accelerate the adoption of renewables by shifting renewable power consumption to times when it is needed most, says Apollo Senior Partner Olivia Wassenaar.
The oil and gas industry went from having a red problem in terms of losing money to a green problem with the “ESG tidal wave,” says Chuck Yates, who currently serves on the Cottonwood Venture Partners advisory board.
Esperanza Capital Partners was founded by oil industry veterans David M. Dunwoody Jr. and William H. Goodwin alongside an investment from Cockrell Interests to target the acquisition of energy and infrastructure assets in the U.S. Gulf of Mexico.
EnCap Investments and Mercuria Energy agree to fund Arbor Renewable Gas, a leader in industrial scale woody biomass to renewable gasoline and green hydrogen projects focused initially on the Texas and Louisiana Gulf Coast.
Kayne Anderson is partnering with Black Knight Energy, a new California-based private E&P company led by Todd Stevens, with an equity commitment in excess of $500 million.
Shares in BHP Group and Woodside Petroleum fell on Aug. 18 as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed merger with BHP's petroleum arm.