Industry News

Crescent Energy Completes Accretive Sale of Non-Operated Permian Basin AssetsApr 22, 2025 8:11 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”), today announced the closing of the sale of non-operated Permian Basin assets to a private buyer for $83 million in cash, subject to customary post-closing purchase price adjustments. […]

Devon Energy Unveils Value Enhancing Business Optimization PlanApril 22, 2025 06:55 ET | Source: Devon Energy Corporation HIGHLIGHTSTargeting $1 billion in annual pre-tax free cash flow improvementsBusiness optimization plan underway to improve margins and capital efficiencyPlan includes improvements to base production performance, midstream commercial terms and corporate costsExpected to be completed by the end of […]

Chevron Starts Oil Production From Ballymore Project in Gulf of America Apr 21, 2025 9:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to […]

Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in AppalachiaNews provided byLiving Carbon Apr 21, 2025, 08:00 ET SAN FRANCISCO, April 21, 2025 /PRNewswire/ — Living Carbon, a public benefit company transforming degraded and underutilized land into high quality environmental assets, announced today that […]

Smackover Lithium’s South West Arkansas Project Receives Special Designation as a Priority Transparency Critical Mineral Project From the Trump AdministrationApril 21, 2025 18:15 ET | Source: Standard Lithium LEWISVILLE, Ark., April 21, 2025 (GLOBE NEWSWIRE) — Smackover Lithium, a Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE:A:SLI) and Equinor, […]

Intensity Infrastructure Partners Launches Open Season for Phase II Extension Following Stakeholder Feedback on Proposed Bakken Natural Gas Pipeline April 17, 2025   Intensity Infrastructure Partners TULSA, OKLA – Intensity Infrastructure Partners LLC (“Intensity”) announced today the launch of an open season for the Phase II Extension of the proposed Intensity Pipeline as a result […]

U.S. Energy Development Corporation Expands Permian Footprint Acquiring $390 Million Asset and Announces Upsized Credit Facility April 15, 2025 ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDC’s syndicated revolving credit facility led by Citibank, N.A. from $165 million to $300 million Fort Worth, TX – U.S. Energy Development Corporation (USEDC), a Fort Worth-based […]

Greg Harper Appointed New CEO of CapturePoint LLC Experienced energy executive to lead prominent carbon management company into next phases of growth in the rapidly expanding CCUS industry April 14, 2025 09:00 ET | Source: CapturePoint Solutions LLC ALLEN, Texas, April 14, 2025 (GLOBE NEWSWIRE) — CapturePoint LLC and affiliate CapturePoint Solutions LLC (together “CapturePoint”) […]

Technip Energies awarded a FEED contract for Jet Zero’s Sustainable Aviation Fuel project in AustraliaApril 16, 2025 01:00 ET | Source: TECHNIP ENERGIES Technip Energies (PARIS:TE) has been awarded a Front-End Engineering Design (FEED) contract by Jet Zero Australia Pty Ltd (Jet Zero) for Project Ulysses, a bioethanol to sustainable aviation fuel (SAF) project located […]

U.S. Energy Corp. Announces Acreage Acquisition and CCUS Development UpdateApril 16, 2025 07:00 ET | Source: U.S. Energy Corp.Follow HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) — U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”) today announced the closing of a strategic acquisition (the “Acquisition”) from a privately held company for $0.2 million, strengthening […]