More Top Stories in Business
Public Capital
Continental Resources Promotes Key Leaders Shelly Lambertz, John Hart
Oklahoma City-based Continental Resources announced the promotions of Shelly Lambertz and John Hart on Jan. 13, expanding their leadership at the independent oil producer.
Private Equity
EnCap Flatrock Midstream Promotes Morriss Hurt to Managing Partner, COO
Morriss L. Hurt, who formerly founded The Encino Group, has contributed to the growth and success of EnCap Flatrock Midstream on every front since its formation, says EFM Managing Partner and Founder Billy Lemmons.
Investment
Lightsource bp Closes $533 Million Financing for Arkansas Solar Project
Conway Solar is part of a 480 MW, $533 million portfolio financing package for multiple solar projects.
Investment
Microsoft Invests $50 Million in Alcohol-to-Jet Fuel Biorefinery
The Biden Administration has touted tax credits for production of sustainable jet fuel as part of its Build Back Better legislation, which is currently stalled in Congress.
Investment
Texas Geothermal Energy Trade Group Launches with Big Backers
The Texas Geothermal Energy Alliance was organized as many fossil fuel giants and startup companies look to transition to low-carbon energy from oil and gas.
Business
ESG Oil and Gas Outlook 2022: ‘It’s Here to Stay’
In this exclusive roundtable, executives from Enverus, KPMG and Rystad Energy discuss key trends, opportunities and challenges that are expected to shape ESG in the oil and gas sector in 2022.
Public Capital
Falcon Minerals Agrees to $1.9 Billion All-stock Merger with Desert Peak
The transaction with Desert Peak will mark the next chapter for Falcon Minerals, which formed in 2018 through an $800 million combination with Blackstone’s royalty business.
Public Capital
Exxon Mobil Launches Sale of Appalachia Shale Gas Properties
A sale by Exxon Mobil could value the Appalachian Basin assets at around $200 million based on current natural gas prices and existing production from the wells, a person familiar with the matter said.
Public Capital
Matador Resources Promotes Billy Goodwin, Van Singleton
Concurrent with the promotions, President Matthew V. Hairford and David E. Lancaster, executive vice president and CFO, both plan to retire and transition to new duties as special advisers to Matador’s board.
Business
Nonprofits, Energy Companies Partner to Promote STEM Education
As efforts to encourage more students to embrace STEM go virtual, businesses and organizations aim to extend their reach to keep talent pipelines for the energy sector filled.