The Latest

Public Capital

Big Oil Back to Boom after Pandemic Bust, Aiding Climate Push

Europe's top energy companies signaled confidence in a lasting recovery from the pandemic impact on July 29 by drawing on higher oil prices to boost shareholder returns and reassure investors as they roll out risky climate strategies.

July 29, 2021

Private Equity

Brookfield Asset Management Closes $7 Billion ‘Global Transition’ Fund

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.

July 28, 2021

Public Capital

Shell to Acquire US-based Renewable Energy Residential Retailer

The acquisition of Inspire Energy, a renewable energy residential retailer with joint headquarters in Santa Monica and Philadelphia, advances Shell’s strategy to build and scale renewable and low-carbon businesses, the European supermajor said.

July 27, 2021

Public Capital

Cenovus Energy Signs Solar Offtake Deal in Net-zero Push

Cenovus signed a 15-year power purchase agreement for the full output of a solar facility in southern Alberta, providing the offtake contract necessary for the construction of the project and ultimately helping Cenovus mitigate its scope 2 emissions.

July 26, 2021

Public Capital

What’s Driving Some to Consider a Permian Basin Exit

Analysts share insight on the oil and gas industry’s response to climate concerns and the future of fracking that has led some, like Shell, to consider withdrawing from the Permian Basin plus what opportunities remain for those choosing to stay.

July 26, 2021

Private Equity

KKR Commits up to $1 Billion to US Solar Firm after Acquiring Stake

Washington, D.C.-based solar energy firm Sol Systems and KKR announced a new strategic partnership in which KKR is committing up to $1 billion to acquire shovel-ready projects.

July 23, 2021

Public Capital

NextEra Energy’s Profit Energized by Renewable Demand Surge

NextEra Energy has recently seen its investor base rise, as countries and corporations move further away from fossil fuels, and last year had briefly pipped Exxon Mobil Corp. as the largest U.S. energy firm by market value.

July 23, 2021

Energy Transition

CGG, PGS to Develop Multiclient Data Collaboration for CO2 Storage

The companies will join forces to evaluate existing seismic data for carbon storage evaluation.

July 23, 2021

Business

Oil and Gas Investor: The Role of Tech and Service in Energy Transition

The oil and gas industry is being pressured in multiple ways to reduce emissions and redouble energy transition efforts but the technology and services sector is already making progress. Here’s how.

July 23, 2021

Exploration & Production

Q&A: Scott Angelle on the Environmental Advantage of US Oil, Gas

Former BSEE director Scott Angelle shares his thoughts on the energy transition and why the U.S. has some of the most environmentally advantaged barrels compared to other parts of the world.

July 22, 2021