Industry News

ASCENT RESOURCES ANNOUNCES RETIREMENT OF CEO JEFFREY A. FISHER; BROOKS M. SHUGHART TO SUCCEED FISHERNews provided by ASCENT RESOURCES, LLC Jan 05, 2026, 08:00 ET OKLAHOMA CITY, Jan. 5, 2026 /PRNewswire/ — Ascent Resources, LLC (“Ascent” or the “Company”) today announced that Jeffrey A. Fisher, Chairman and Chief Executive Officer, will retire from his executive roles […]

Revolution Wind LLC to file Preliminary Injunction Against Lease Suspension Order 01.01.2026 22:12 PROVIDENCE, R.I. – January 1, 2026 – Today, Revolution Wind LLC (“Revolution Wind”), a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, filed a supplemental complaint in the U.S. District Court for the District of Columbia challenging the lease […]

Ørsted completes divestment of 50 % stake in Hornsea 312.30.2025 05:00 Further to the announcement issued on 3 November 2025, Ørsted has today completed the divestment of a 50 % stake in the Hornsea 3 Offshore Wind Farm to Apollo-managed funds. For further information, please contact: Ørsted Global Media RelationsKathrine Ejlskov+45 99 55 10 [email protected] […]

USD Partners to Liquidate Dec 31, 2025 4:17 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–As previously announced, USD Partners LP (OTC: USDP) (the “Partnership”) sold its last remaining operating asset, ceased operations and announced its intention to cancel the equity of the Partnership following termination of its credit facility. The Partnership has taken affirmative steps to […]

Amplify Energy Announces Closing of Amended Revolving Credit Facility: HOUSTON, Dec. 31, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today that it closed the previously announced amended revolving credit facility. The amended senior secured reserve-based revolving credit facility, with Citizens Bank, N.A. as the administrative agent, […]

Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture: Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments HOUSTON and LONDON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its previously announced joint […]

Occidental Completes Sale of OxyChem: HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments. “This transaction accelerates our strategy to strengthen Occidental’s balance sheet and […]

Octopus Energy Group to spin out Kraken at valuation of $8.65bn$1bn Kraken investment round brings world-class investors, led by D1 Capital Partners, and joined by other notable investors such as Ontario Teachers’ Pension Plan, Fidelity International, and Durable Capital Partners Move paves way for Kraken’s formal independence and demerger from Octopus London – 29th December […]

Dominion Energy releases statement in response to U.S. Department of Interior action on Coastal Virginia Offshore Wind 12/22/2025 Download this Press Release(opens in new window) RICHMOND, Va.–(BUSINESS WIRE)– Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the […]

Phillips 66 and Kinder Morgan, Inc. Announce Close of Initial Open Season and Launch of Subsequent Open Season for Capacity to Los Angeles, California Markets December 22, 2025 HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) and Kinder Morgan, Inc. (NYSE: KMI) today announced that Western Gateway has received significant interest, including shipper commitments, and has closed […]