Industry News

Verde Clean Fuels, Inc. Announces Closing of $50 Million Equity Investment by Cottonmouth Ventures, LLC, a Wholly-Owned Subsidiary of Diamondback Energy, Inc. Cottonmouth purchases 12.5 million shares of Verde Class A common stock at a price of $4.00 per shareBrings Cottonmouth’s total investment in Verde to $70 million and makes Cottonmouth the second largest shareholder […]

EPA Approves of West Virginia’s Class VI Well Primacy ApplicationJanuary 21, 2025 West Virginia becomes just the fourth state in the country to achieve this milestone. CHARLESTON, WV – Governor Patrick Morrisey and West Virginia Department of Environmental Protection (WVDEP) Cabinet Secretary Harold Ward today announced the U.S. Environmental Protection Agency (EPA) has officially granted […]

Meta and Zelestra Expand Their Clean Energy Relationship Signing Four New Renewable Energy Agreements in Texas Totalling 595 MWac: The four new Environmental Attribute Purchase Agreements (EAPAs) will enable the construction of four solar projects with a total capacity of 720 MWdc In total, Meta and Zelestra have now closed six EAPAs totalling 800 MWac […]

Williams Increases Quarterly Cash Dividend by 5.3%: January 28, 2025 11:34 AM Eastern Standard Time TULSA, Okla.–(BUSINESS WIRE)–Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.50 per share, or $2.00 annualized, on the company’s common stock, payable on March 31, 2025, to holders of record at the close of business on […]

CNX Closes Acquisition of Apex Energy: PITTSBURGH, Jan. 27, 2025 /PRNewswire/ — CNX Resources Corporation (NYSE: CNX) (“CNX” or “the company”) announced today it has closed the acquisition of the natural gas upstream and associated midstream business of Apex Energy II, LLC (“Apex”), a portfolio company of funds managed by Carnelian Energy Capital Management, L.P. […]

Stonehenge and UGI Acquire Superior Midstream Appalachian Pipeline Gathering Systems: January 27, 2025 04:15 PM Eastern Standard Time WESTMINSTER, Colo.–(BUSINESS WIRE)–Pine Run Gathering LLC (“Pine Run Gathering”) announced today that it has completed a transaction to acquire Superior Midstream Appalachian, LLC (“Superior Appalachian”) for $120 million subject to customary adjustments. Pine Run Gathering is a […]

Coterra Energy Closes Previously Announced Permian Basin Acquisitions: January 27, 2025 07:10 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9 billion, subject to […]

Engine No. 1, Chevron, and GE Vernova to Power U.S. Data Centers: New joint development plans to deliver up to four gigawatts (GW) of power by leveraging American energy abundance to drive American AI leadership. January 28, 2025 08:00 AM Eastern Standard Time NEW YORK & HOUSTON–(BUSINESS WIRE)–Engine No. 1 and Chevron U.S.A. Inc. (NYSE: […]

On.Energy Closes $77.6 Million Construction Credit Agreement From Pathward to Build Its New 160 MWh Portfolio: January 28, 2025 08:07 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–On.Energy, one of North America’s fastest growing power asset owners and proven end-to-end integrator of battery energy storage projects, today announced it has closed construction credit facilities provided by Pathward®, […]

VEIR Closes $75M Series B to Deliver Superconducting Solutions for AI Data Centers and High-Capacity Power Lines, Driving Grid Resilience and Global Decarbonization: Munich Re Ventures led the round, joined by new investors Microsoft’s Climate Innovation Fund, National Grid Partners, Piva Capital and Tyche PartnersJanuary 28, 2025 09:00 AM Eastern Standard Time WOBURN, Mass.–(BUSINESS WIRE)–VEIR, […]