Industry News

The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership to Advance Energy Infrastructure Across the Middle East  May 19, 2025 7:30 AM Eastern Daylight Time RIYADH, Saudi Arabia & NEW YORK–(BUSINESS WIRE)–The Arab Energy Fund (formerly APICORP), a leading multilateral impact financial institution focused on the MENA energy sector, and Stonepeak, the world’s […]

TXNM Energy Enters Agreement to be Acquired by Blackstone InfrastructureNews provided by TXNM Energy, Inc. May 19, 2025, 06:30 ET Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New Mexico’s transition to clean energy and continued growth in TexasTXNM Energy, PNM […]

Why Capgemini’s Long-Term Deal with Charm Industrial Matters—For Everyone14 May 2025 | Harris Cohn Capgemini recently made a bold move: they signed a long-term offtake agreement with Charm Industrial to permanently remove 16,500 tons of CO₂. It wasn’t just a line item in their ESG report—it was a signal. A signal that the voluntary carbon […]

White Oak Commercial Finance Funds $125 Million ABL Facility for Energy Services CompanyMay 15, 2025 9:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced it has provided a $125 million asset-based revolving credit facility to a US-based energy services company (the “Company”). “The energy […]

Mati Carbon secures innovative debt facility to scale its carbon removal business globally and boost climate resilienceNews provided by Mati Carbon May 16, 2025, 08:00 ET Financing from J.P. Morgan will increase deployment of Mati’s crop yield-enhancing soil amendments, boosting soil health, smallholder farmer income, and climate resilience across the Global South HOUSTON, May 16, 2025 […]

EOG Resources Awarded Onshore Concession to Explore and Appraise Unconventional Shale Block in the UAENews provided by EOG Resources, Inc. May 16, 2025, 08:00 ET HOUSTON, May 16, 2025 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s […]

Strathcona Resources Ltd. Announces Intention to Commence Take-Over Bid to Acquire MEG Energy Corp. News provided by Strathcona Resources Ltd. May 15, 2025, 23:55 ET CALGARY, AB, May 15, 2025 /PRNewswire/ – Strathcona Resources Ltd. (“Strathcona”) announced today that it intends to commence a take-over bid for MEG Energy Corp. (TSX: MEG) (“MEG”), pursuant to which […]

Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub XRG to consider investing up to $500 million for the development of 1PointFive’s 500,000 tonne-capacity DAC facility May 16, 2025 09:00 ET | Source: Occidental HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) and its subsidiary […]

TXO Partners, L.P., Announces Entry Into Definitive Agreement for Additional Elm Coulee PropertiesMay 13, 2025 4:12 PM Eastern Daylight Time FORT WORTH, Texas–(BUSINESS WIRE)–TXO Partners, L.P. (NYSE: TXO) (“TXO”) announced today that it has entered into a purchase agreement with White Rock Energy, LLC (“White Rock”), a portfolio company of Quantum Capital Group, to purchase […]

Vistra to Acquire Natural Gas Assets, Building on Industry-Leading Generation Portfolio to Better Serve CustomersNews provided by Vistra Corp May 15, 2025, 17:26 ET HighlightsTransaction includes approximately 2,600 megawatts of modern natural gas generation assets at an attractive price of approximately $743/kW of capacity.Acquisition is expected to deliver Ongoing Operations AFCFbG1 accretion in year one following […]