Industry News

Strategic acquisition of LLOG Exploration Company LLC22/12/25 Establishes top tier position in deepwater US Gulf of America1 Adds conventional offshore oil assets with significant operational control Increases production, extends reserves life and improves margins Delivers differentiated growth profile with significant exploration opportunity Free cash flow per share accretive from 2027 Material and increasing free cash […]

Permian Resources Announces Corporate Reorganization to Further Strengthen Its Best-In-Class Shareholder Alignment and Advance Towards Up-C Simplification Dec 22, 2025 4:05 PM Eastern Standard Time MIDLAND, Texas–(BUSINESS WIRE)–Permian Resources Corporation (NYSE: PR) (“Permian Resources,” “we,” “us,” “our” or the “Company”) today announced a corporate reorganization pursuant to which Permian Resources’ management team members and other […]

Alphabet Announces Agreement to Acquire Intersect to Advance U.S. Energy Innovation 22 Dec 2025 MOUNTAIN VIEW, Calif., and SAN FRANCISCO, Calif.—December 22, 2025—Alphabet today announced a definitive agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, plus the assumption of debt. Google already owns a minority stake […]

Baytex Closes U.S. Eagle Ford SaleDecember 19, 2025 6:01 PM EST | Source: Baytex Energy Corp. Calgary, Alberta–(Newsfile Corp. – December 19, 2025) – Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) (“Baytex” or the “Company”) today announced that it has closed the sale of its U.S. Eagle Ford Assets for net proceeds of US$2.14 billion […]

T1 and Treaty Oak Execute Strategic Partnership December 22, 2025 Treaty Oak Secures Traceable, High-Performance Modules with Advanced Domestic Cells through Multiyear Agreement AUSTIN, Texas and NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) announced this morning the Company has signed a three-year contract […]

RWE and Indiana Michigan Power Company partner to support Indiana’s growing electricity demand with long-term PPA for 200 MW project: Onsite construction underway at RWE’s Prairie Creek project, with operations scheduled to begin in 2028 Once operational, Prairie Creek will power Indiana’s industrial growth, supply affordable, reliable electricity for I&M customers and help advance the […]

Energy Transfer to Upsize Transwestern Pipeline’s Desert Southwest Expansion Project Dec 18, 2025 4:25 PM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) today announced an increase in the transportation capacity of Transwestern Pipeline’s planned Desert Southwest expansion project to meet additional customer demand. The continued population growth and positive economic momentum throughout Arizona […]

PJM Auction Procures 134,479 MW of Generation ResourcesPrice, largely unchanged, comes in at FERC-approved cap; total capacity cleared is short of reliability standard; certain mitigating factors and expected Board action could reinforce reliability in this and future delivery years December 17, 2025 (Valley Forge, PA – Dec. 17, 2025) – PJM Interconnection today announced the […]

Trump Media & Technology Group to Merge with TAE Technologies, a Premier Fusion Power Company, in All-Stock Transaction Valued at More Than $6 BillionDecember 18, 2025 06:30 ET | Source: Trump Media & Technology Group; TAE Technologies, Inc. Combined company expects to site and commence construction of the first utility-scale fusion power plant in 2026 […]

California Resources Corporation Closes Combination with Berry Corporation: LONG BEACH, Calif., Dec. 18, 2025 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) (“CRC”) today closed its all-stock combination with Berry Corporation (bry) (NASDAQ: BRY) (“Berry”). The transaction enhances CRC’s premier California portfolio of long-lived, low-decline conventional assets with significant development upside and adds strategic optionality […]