Oklo CEO Jacob DeWitte is replacing Sam Altman as Oklo Inc.’s chairman of the board.
Here’s a roundup of the latest E&P headlines, from new LNG production offshore Africa to new seismic maps offshore Mauritania.
The trifecta of endorsements assures Expand Energy, the largest gas producer in the U.S., a seat alongside EQT Corp. at the LNG and AI data center gas-supply negotiating tables.
New Era Helium Inc. and Sharon AI Inc.’s joint venture Texas Critical Data Centers LLC has started on the first phase of development for its 250-MW facility.
The $5 million seed round was led by Mercury Fund, with participation from industry veterans Bryan Sheffield and Billy Quinn, among others.
ArcLight Capital Partners is acquiring Kleen Energy Systems LLC, a natural gas-fired power generation asset in New England, from Osaka Gas USA Corp. and Kyuden International Americas Inc.
Nabors Drilling Technologies and Corva AI will use the RigCloud platform to provide real-time insights to crews directly at drilling sites, the companies said.
Stepping up power for data centers “is a phenomenal opportunity here that our industry has to take advantage of. We have to get this right,” the Hamm Institute for American Energy’s executive director Ann Bluntzer Pullin said.
How to navigate the minerals sector in the era of competition, alternative investments and the AI-powered boom.
Soluna Holdings’ data center project, called Project Hedy, will be developed in two 60-MW phases in Texas and co-located with a wind farm.