The Latest

Antero Stock Up 90% YoY as NatGas, NGL Markets Improve

As the outlook for U.S. natural gas improves, investors are hot on gas-weighted stocks—in particular, Appalachia’s Antero Resources.

Type One Energy, Private Equity Firm Partner to Advance Fusion Energy

The partnership between Pine Island New Energy Partners and Type One Energy focuses on identifying and evaluating fusion industry supplier chain companies to grow the sector.

Report: Diamondback in Talks to Buy Double Eagle IV for ~$5B

Diamondback Energy is reportedly in talks to potentially buy fellow Permian producer Double Eagle IV. A deal could be valued at over $5 billion.

Bloom Energy, Chart Industries Form CCUS Partnership for Low-Emissions NatGas

Bloom Energy and Chart Industries aim to use natural gas and fuel cells to generate power through their carbon capture partnership.

Howard Energy Partners Closes on Deal to Buy Midship Interests

The Midship Pipeline takes natural gas from the SCOOP/STACK plays to the Gulf Coast to feed demand in the Southeast.

NOG Spends $67MM on Midland Bolt-On, Ground Game M&A

Non-operated specialist Northern Oil & Gas (NOG) is growing in the Midland Basin with a $40 million bolt-on acquisition.

EDF, TAQA Sign MOU to Advance Geothermal Systems in Saudi Arabia

EDF Saudi Arabia and TAQA Geothermal Energy will collaborate on geothermal cooling systems including power generation, HVAC applications and compressed air energy storage.

Apollo Funds Acquires NatGas Treatment Provider Bold Production Services

Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.

Nabors SPAC, e2Companies $1B Merger to Take On-Site Powergen Public

Nabors Industries’ blank check company will merge with e2Companies at a time when oilfield service companies are increasingly seeking on-site power solutions for E&Ps in the oil patch.

Chevron to Lay Off 15% to 20% of Global Workforce

At the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20% of total employees would be about 8,000 people.