Fermi Secures Over 600 MW of Clean, Gas-Fired Power for AI Campus

The acquisition is part of Fermi America’s plans to have 1 gigawatt of power available by the end of 2026.

Total Farms Down Renewable Assets in Portugal, Buys in Dominican Republic

TotalEnergies sold a 50% stake in its renewable energy portfolio in Portugal and acquired a 50% stake in the solar, wind and BESS portfolio of AES Dominicana Renewables Energy.

International, Domestic Buyers Clamor for US Shale Gas M&A

Marketing is heating up for gassy assets in the Haynesville, Appalachia and Midcontinent, a sign that natural gas remains one of the bright spots in upstream portfolios, M&A experts tell Hart Energy.

Vitol Group Submits Bid Above $10B for Citgo, Sources Say

The bid reflects intensifying competition for Venezuela's most prized foreign asset and the seventh biggest U.S. refiner. 

Innovex Closes Divestment of Subsea Tree Product Business

The public oilfield services firm was formed in 2024 through the merger of Dril-Quip Inc. and Innovex Downhole Solutions.

UGI Divests Italian LPG Business to Repay Debt

UGI International completed the sale of UniverGas, its LPG distribution business in Italy, to Italian energy companies Goldengas, SCG Gas and Beyfin.

Lyten Acquires Northvolt’s BESS Manufacturing Facility in Poland

The 25,000-sq-m battery energy storage system manufacturing and R&D facility is the largest facility of its kind in Europe.

Widening Bid-Ask Spread Slows US Oil M&A

After a two-year dealmaking frenzy, the U.S. oil M&A engine is stalling as wild price swings and geopolitical tremors unsettle both buyers and sellers. M&A experts tell Hart Energy it could be months before big-ticket oil deals regain momentum.

Ex-Weatherford Chief Guns for 2nd Energy SPAC on Heels of 1st

Former Weatherford International CEO Bernard Duroc-Danner is planning Pyrophyte Acquisition Corp. II, a blank check company led and advised by a wide range of financial and energy executives including Riverstone Holdings’ co-founders.

Top US Private Producers See Opportunity in Market Volatility

Privately held oil and gas producers from Surge Energy, Northeast Natural Energy, Anschutz Exploration, Greylock Energy and Jonah Energy dish on their plans in the Delaware, Midland Appalachian basins, where they ready to pounce on M&A opportunities.