Industry News

Vulcan Elements Announces $65 Million Series A, and Produces High-Performance Rare Earth Magnets in the United States August 11, 2025 Durham, North Carolina —Vulcan Elements announced the close of a $65 million Series A, led by Altimeter Capital and with significant participation from One Investment Management. This investment will accelerate Vulcan’s expansion to commercial scale […]

ExxonMobil Guyana Begins Production at Fourth Offshore Guyana Project Aug 8, 2025 9:19 AM Eastern Daylight Time Yellowtail brings Guyana’s total installed capacity to above 900,000 barrels of oil per day (bopd)Largest Guyana development to date with an initial annual average production of 250,000 bopdStartup achieved four months ahead of schedule, demonstrating industry-leading project execution […]

Stone Ridge Buys Oklahoma Assets From ConocoPhillips Aug 7, 2025 4:30 PM Eastern Daylight Time Acquisition Brings Stone Ridge Energy’s Portfolio to Over 11 GW of Power NEW YORK–(BUSINESS WIRE)–Stone Ridge Holdings Group (“Stone Ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, Stone Ridge […]

Silver Lake Launches $400 Million Digital Infrastructure Platform with Adam Fisher and Peter Rumbold Aug 8, 2025 8:00 AM Eastern Daylight Time Innovative, strategic partnership addresses escalating demand for AI and cloud workloads by delivering turnkey powered land and related energy generation solutions for data center development MENLO PARK, Calif. & NEW YORK–(BUSINESS WIRE)–Silver Lake, […]

ConocoPhillips announces second-quarter 2025 results and quarterly dividend Aug 7, 2025 7:00 AM Eastern Daylight Time Reported second-quarter 2025 earnings per share of $1.56 and adjusted earnings per share of $1.42.Generated cash provided by operating activities of $3.5 billion and cash from operations (CFO) of $4.7 billion.Declared third-quarter ordinary dividend of $0.78 per share.Completed the […]

Occidental Announces 2nd Quarter 2025 Results Wednesday, August 6, 2025 4:15 PM ET Announcing $950 million of additional divestitures since the start of the second quarter of 2025, of which approximately $370 million has already closed. Occidental has repaid $3.0 billion of debt year-to-date through a combination of asset sales, organic cash flow and proceeds […]

ARCLIGHT APPOINTS ANGELO ACCONCIA AS PRESIDENTNews provided by ArcLight Capital Partners Aug 07, 2025, 12:00 ET Private Equity and Energy Industry Veteran to Oversee Firm’s Investment, Fundraising and Operational Activities BOSTON, Aug. 7, 2025 /PRNewswire/ — ArcLight Capital Partners, LLC (“ArcLight”), a leading infrastructure investor, today announced that it has named Angelo Acconcia as President of […]

Kimmeridge Closes Strategic Equity Investment from Mubadala Energy and Rebrands Integrated Natural Gas Platform as CaturusNews provided by Kimmeridge Aug 07, 2025, 09:30 ET Caturus is building the nation’s leading integrated natural gas and LNG company, with a unique wellhead-to-water strategy that will deliver responsibly sourced, low-emission fuel to global marketsCaturus builds on momentum and closes […]

Joule, Caterpillar, and Wheeler Announce an Agreement to Power America’s Growing Data Center Energy NeedsIRVING, Texas, Aug. 7, 2025 – Joule Capital Partners, Caterpillar Inc. (NYSE: CAT), and Wheeler Machinery Co. today announced an agreement to power Joule’s High Performance Compute Data Center Campus in Utah. Joule, a next-generation infrastructure company, aims to create the […]

Energy Vault Enters into Exclusive Agreement for $300 million Preferred Equity Investment to launch “Asset Vault” Accelerating the execution of 1.5GW of Global Energy Storage Projects under the Company’s IPP Build, Own and Operate Strategy Aug 7, 2025 9:25 AM Eastern Daylight Time Capital from a leading, multi-billion-dollar infrastructure fund expected to enable over $1.0 […]