United States

Private Equity , Exploration & Production , Investment , Finance , Acquisitions & Divestitures , Mergers

E&Ps’ Siren Song to Investors: Free Cash Flow

Regaining investor trust–and access to their cash–is on the horizon as the E&P sector returns record profits to investors, a panel of experts said during Hart Energy’s SUPER DUG conference.

June 7, 2023

Acquisitions & Divestitures

MDU Resources Spins Off Knife River into Public Company

Streamlining its focus on regulated utilities and energy infrastructure services, MDU Resources spun off a construction materials subsidiary, Knife River Corp., into a standalone public company.

June 6, 2023

Private Equity , Crude Oil , Shale Plays , Acquisitions & Divestitures

Private Investment Dynamic Holds Crucial Role in Supply, Security, Future

Private equity is coming back to the upstream sector, but is dramatically outweighed by the forecasted market supply needed to prevent a shortfall.

June 6, 2023

Governance , Legislation

Is Change Overdue for Overtime Wage Law?

Paying well won’t shield companies like Helix Energy that run afoul of the Fair Labor Standards Act.

June 6, 2023


Heliogen, City of Lancaster, Execute Green Hydrogen Production Contract

Heliogen's agreement with the city is expected to cost Lancaster $10/kg of green hydrogen.

June 6, 2023

Acquisitions & Divestitures

NET Power, Rice Merger to Generate $670 Million at Close

The new company, assuming the name of NET Power Inc., expects to raise at least $670 million when its merger with Rice Acquisition closes.

June 6, 2023

Acquisitions & Divestitures

Rockies Gas Producer PureWest Acquired for $1.84 Billion

A private consortium of family offices and financial institutions acquired ownership of Wyoming natural gas producer PureWest for $1.84 billion.

June 6, 2023

Liquefied Natural Gas , International

Mexico Authorizes Exports from Altamira Fast LNG Project

Mexico’s Energy Secretariat issued an export permit to New Fortress Energy Inc. for its Altamira fast liquefaction facility slated to start LNG operations in third-quarter 2023.

June 5, 2023


Range Declares Quarterly Dividend

Range Resources’ board of directors declared an $0.08 per share quarterly cash dividend on common stock for the second quarter.

June 5, 2023

Exploration & Production

The Great Eagle Ford Refrac

Recompletions in the Eagle Ford are underway, with future refrac wells identified by companies such as Devon Energy and Murphy Oil. 

June 5, 2023