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.
New $280 million debt facility to fund significant VLCC loading expansion.
EnCap plans to split EP, which holds production assets in South Texas and Northeastern Utah, into its separate geographies and merge them with existing portfolio companies, according to the sources.
Proceeds from Riverstone Energy’s exit of ILX III provides additional funds to accelerate the firm’s investments in decarbonization and low-carbon power generation, says Chairman Richard Hayden.
Presidio Petroleum’s plans for the net proceeds from the issuance include to accelerate its acquisition-driven growth strategy in the Midcontinent region and recapitalize its balance sheet.
Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.
In their latest venture, Kraken Resources Co-founders, Bruce Larsen and Brad Suddarth, will return to the Williston Basin in pursuit of “large, oil-weighted acquisitions,” according to the company release.
The fund, named Brookfield Global Transition Fund, is supported by founding investment partners, Ontario Teachers’ Pension Plan Board and Temasek, which both pledged major commitments.