Industry News

RWE continues to support U.S. energy dominance with nearly 4 gigawatts of energy projects under construction: Onsite construction currently underway on 29 projects totaling 3.9 gigawatts of onshore wind, solar and battery energy storage systems (BESS) across 11 U.S. states RWE’s domestic investments created more than 5,000 U.S. jobs in 2024 alone, bolstering local economies while […]

TerraVolta Announces Sale of Lithium Assets in East Texas and ArkansasNews provided by TerraVolta Resources Jun 17, 2025, 09:05 ET HOUSTON, June 17, 2025 /PRNewswire/ — TerraVolta Resources, LLC (“TerraVolta” or the “Company”) and its investor, The Energy & Minerals Group (“EMG”), announced that they have closed on a transaction to sell all equity interests in […]

Chevron Enters Domestic Lithium Sector to Support U.S. Energy SecurityJun 17, 2025 9:00 AM Eastern Daylight Time Leverages subsurface, drilling, and resource extraction capabilities and strengths HOUSTON–(BUSINESS WIRE)–Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today the acquisition of two leasehold acreage positions. The first from TerraVolta Resources, whose investor is an […]

XRG-led Consortium Submits Non-Binding Indicative Proposal to Acquire Santos Abu Dhabi, UAE – June 16, 2025 A consortium led by XRG, the international energy investment company, including ADQ and global investment firm Carlyle, notes the ASX announcement today (June 16) by Santos Limited (Santos) in relation to the XRG consortium’s final non-binding indicative proposal to […]

SS-2H ST1 Delivers Record Beetaloo Basin IP30 Flow Rate of 7.2 MMcf/d, In-Line With Average IP30 Rate From Marcellus Dry Gas AreaJun 16, 2025 5:46 AM Eastern Daylight Time HighlightsThe Shenandoah South 2H sidetrack (SS-2H ST1) well achieved a Beetaloo Basin record average 30-day initial production (IP30) flow rate of 7.2 million cubic feet per […]

XGS Energy and Meta to Partner on 150 MW Advanced Geothermal Project Jun 12, 2025 4:00 PM Eastern Daylight Time XGS Energy enters agreement with Meta to develop 150 MW of next-generation geothermal energy, expanding the frontiers of reliable, baseload geothermal energy SANTA FE, N.M.–(BUSINESS WIRE)–XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) today […]

Crusoe Secures $750 Million Credit Facility from Brookfield to Accelerate the Development of Energy-First AI FactoriesJune 11, 2025 DENVER – June 11, 2025 – Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced it has secured a $750 million credit facility from Brookfield Asset Management, through its infrastructure debt platform. This significant financing […]

Matador Resources Company and San Mateo Midstream Announce Leadership PromotionsJun 12, 2025 6:30 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Matador Resources Company (NYSE: MTDR) (“Matador”) and its midstream affiliate, San Mateo Midstream, LLC (“San Mateo”), today announced several leadership promotions, effective June 11, 2025.Bryan A. Erman has been promoted to Co-President, Chief Legal Officer and Head […]

CNX Announces Promotion of Alan Shepard to PresidentNews provided by CNX Resources Corporation Jun 12, 2025, 06:45 ET PITTSBURGH, June 12, 2025 /PRNewswire/ — CNX Resources Corporation (NYSE: CNX) announces the promotion of Alan Shepard to the position of President in addition to his current role as Chief Financial Officer. “The opportunity set for the CNX […]

Avangrid’s Camino Solar Project Achieves Commercial Operation in CaliforniaThe 57 MWdc (44 MWac) project in California created approximately 100 construction jobs and will contribute about $15 million in taxes Avangrid operating 10.5 GW of power generation across the country Jun 11, 2025 11:55 AM Eastern Daylight Time KERN COUNTY, Calif.–(BUSINESS WIRE)–Avangrid, Inc., a leading energy […]