Industry News

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 […]

Stonepeak and Energy Equation Partners to Acquire Majority Interest in JET from Phillips 66May 15, 2025 9:20 AM Eastern Daylight Time LONDON & HOUSTON–(BUSINESS WIRE)–Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Energy Equation Partners (“EEP”), a newly formed investment firm with significant expertise in fuel retail, today announced an […]

PGIM Private Capital Backs Solar Landscape with $175 Million Private Placement to Fund Distributed Rooftop Solar ProjectsMay 15, 2025 12:01 PM Eastern Daylight Time Inaugural Shelf Notes Fund Commercial Rooftop Solar Portfolio in Maryland and Illinois ASBURY PARK, N.J.–(BUSINESS WIRE)–Solar Landscape, the nation’s leading commercial rooftop solar developer, has announced a landmark $175 million long-term […]

GreenFire Energy Launches First Commercial Next-Gen Demonstration Geothermal System at The GeysersMay 8, 2025 9:00 AM Eastern Daylight Time OKLAHOMA CITY–(BUSINESS WIRE)–GreenFire Energy today announced the successful launch of its first commercial next-gen geothermal demonstration project at The Geysers, the world’s largest geothermal field, at a site operated by Geysers Power Company, LLC, a wholly […]

Enbridge Advances Historic Equity Ownership with First Nations on B.C. Natural Gas Pipeline SystemNews provided by Enbridge Inc. May 15, 2025, 07:00 ET CALGARY, AB, May 15, 2025 /PRNewswire/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced an agreement whereby the Stonlasec8 Indigenous Alliance Limited Partnership (the “First Nations Partnership”), which […]