Roughly seven years after McDermott International acquired CB&I for $6 billion, the storage solutions business is being sold to a consortium led by Mason Capital Management.
Woodside Energy has said it expects to close the acquisition of Tellurian, and its Driftwood LNG permitted facility, by December.
The renewable energy projects in India will target solar and wind and the focus of GAIL and AM Green’s partnership focus will be on lining up long-terms supplies of CO2 to produce e-methanol.
Given last week’s price increase, Stratas Advisors estimates that the oil market is placing about a 10% probability that the conflict between Israel and Iran will result in a disruption to the flow of oil
Equinor becomes the second largest stakeholder in Ørsted with its $2.5 billion acquisition of the Danish company’s shares.
TotalEnergies and RWE aim to commission two wind projects, N-9.1 and N-9.2, in 2031 and 2032.
Chevron said the divestitures are part of its plans to sell $10 billion to $15 billion worth of assets by 2028 following the company’s acquisition of Hess Corp. for $53 billion.
U.S. family offices have stepped in quickly to fill the void left by other investors while family desks abroad have been slow to move but they’re watching closely, financiers say.
Martin Resources Management will pay $132 for Martin Midstream, which it had previously spun off, after a pair of New York capital groups counteroffered at a higher price.
Murphy Oil’s current COO Eric M. Hambly has been appointed to CEO and president, succeeding Roger W. Jenkins. The board also added Hambly and Robert B. Tudor III as new directors.
Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer.
Inventory management is a problem for the E&P space, no matter the basin, said Kimmeridge Energy Management's Ben Dell at Hart Energy's Energy Capital Conference in Dallas.
The private equity sector is having a moment in the upstream space.
Amber Energy’s $7.3 billion purchase of Citgo fell well short of analyst’s valuations. PDVSA Ad Hoc expects to appeal the decision soon in its battle to protect its claim on Citgo.
Here is a look at some of this week’s renewable energy news, including the startup of a solar module manufacturing facility with an annual 2-gigawatt capacity.
The Matterhorn Express Pipeline flowed 317 MMcf of natural gas to customers on Oct. 1, according to East Daley Analytics.
The oil and gas rig count fell by two to 585 in the week to Oct. 4.
Bryan Sheffield, managing partner of Formentera Partners and founder of Parsley Energy, discussed E&P capital, M&A barriers and how longer laterals could spur a “growth mode” at Hart Energy’s Energy Capital Conference.
Crescent Energy CEO discusses the expanding gravitational pull of Crescent after acquiring SilverBow and others.
Recently unconstrained by new rail capacity, operators are now putting laterals into the oily, western side of this long-producing basin that comes with little associated gas and little water, making it compete with the Permian Basin.
Chesapeake Energy Corp. has closed on its $7.4 billion takeover of Southwestern Energy Co. to create Expand Energy.
Formentera Founder and Partner Bryan Sheffield delves into the company's drilling operations including the unique history of how Formentera took up assets in Australia's Beetaloo, in this Hart Energy Exclusive interview.
Texas Pacific Land Corp. acquired Permian Basin oil and gas minerals and royalties operated by Exxon Mobil, Diamondback Energy, Occidental Petroleum and ConocoPhillips.
A show of no hands revealed more than 400 attendees at Hart Energy’s Energy Capital Conference are not happy with U.S. politics today—and have no confidence it will be better after Nov. 5.
The $400 million project will expand capture capacity by up to about 1.2 million metric tons of CO2 per year, Exxon Mobil said.
The market for new E&P and energy IPOs has been tepid since the COVID-19 pandemic. But investor appetite is growing for new small- and mid-sized energy IPOs, says Citigroup Managing Director Dylan Tornay.
The expanded collaboration with the Department of Defense follows Sage-led geothermal initiatives at Fort Bliss and the Ellington Field Joint Reserve Base in Texas.
AI’s ability to optimize may usher oil and gas into a new age—or simply improve on past unconventional recovery methods—depending on who you talk to.
The Crowned Heron 1, Crowned Heron 2 and Cartwheel 1 projects will have a combined power capacity of 450 MW, RWE says.
1PointFive plans to use the funding to advance site characterization activities, permitting and environmental approvals for construction at each hub, Occidental said.