Nissa
Darbonne
Oil and Gas Investor
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
HNR Acquisition to Rebrand as EON Resources Inc.
HNR’s name change to EON Resources Inc. and a new ticker symbol, “EONR,” will take effect when trading commences on Sept. 18.
ArcLight Forms Renewables Management Team, Acquires Texas Wind Farm
Infrastructure investment firm ArcLight acquired a 160-megawatt wind farm, located in the Midland Basin.
Trio Chairman Robin Ross Named CEO Less Than a Month After Return
Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
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Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
HNR Acquisition to Rebrand as EON Resources Inc.
HNR’s name change to EON Resources Inc. and a new ticker symbol, “EONR,” will take effect when trading commences on Sept. 18.
ArcLight Forms Renewables Management Team, Acquires Texas Wind Farm
Infrastructure investment firm ArcLight acquired a 160-megawatt wind farm, located in the Midland Basin.
Trio Chairman Robin Ross Named CEO Less Than a Month After Return
Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
Norwegian Energy Data Companies PGS, TGS Complete Merger
Norwegian companies PGS and TGS have completed their merger to create a full-service energy data company.
Two Ring Management Leaders Exit, Replacement Search Underway
Ring Energy is updating its management team following the departure of two senior executives.
QatarEnergy, Exxon Seek to Remove Contractor from Texas Gas Project
Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil, asked a U.S. bankruptcy court late on Tuesday to sever Zachry Industrial's $5.8-billion contract within five days, or allow it to take possession and control of the facility, which is about 75% complete.
CorEnergy Restructures, Emerges from Chapter 11
CorEnergy Infrastructure Trust has restructured in hopes to return to positive free cash flow beginning 2025, while pursuing energy transition opportunities.
Golden Pass LNG Likely Delayed After Engineering Firm Lays Off 4,400
An analyst estimated Golden Pass LNG’s in-service date could be set back six months and that the export terminal’s owners, Exxon Mobil and Qatar Energy, might try to retain workers formerly employed by Zachry Engineering.
TC Energy Shareholders OK Spinning Off Liquid Pipelines Business
TC Energy will spin off South Bow Corp., with its primary asset the Keystone oil pipeline, while shifting a hefty amount of TC Energy’s debt to the new company.