Industry News

IOG Resources Announces Formation of Third Investment Vehicle Pursuing Non-Operated Oil & Gas InvestmentsMay 6, 2025 10:01 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–IOG Resources, a leading provider of asset-level capital solutions and a strategic partner to the upstream oil & gas sector, today announced the formation of IOG Resources III Holdings, LLC (“IOGR III”). Like […]

Weatherford Releases Annual Sustainability Report: HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today the release of its 2024 Sustainability Report, which highlights the Company’s continued progress in advancing environmental, social, and governance (“ESG”) practices and showcases recent achievements in sustainability efforts. Girish Saligram, President and […]

I Squared, MPLX, and Enbridge to Acquire Interests in Matterhorn Express PipelineNews provided by WhiteWater May 06, 2025, 19:19 ET AUSTIN, Texas, May 6, 2025 /PRNewswire/ — I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (NYSE: ENB) jointly announce they have entered into a definitive agreement to acquire equity interests in the Matterhorn Express Pipeline […]

ReNew Secures $100 Million Marquee Investment From BII to Boost India’s Solar Manufacturing EcosystemBII’s investment will support expansion of domestic clean energy supply chain and create 2,000 new jobs May 6, 2025 7:22 AM Eastern Daylight Time GURUGRAM, India–(BUSINESS WIRE)–ReNew Energy Global Plc (“ReNew”), a leading decarbonisation solutions company, has secured an INR 8700 million […]

Thunderhead Energy Solutions Secures Funding Partnership from Harbert Management CorporationNews provided by Thunderhead Energy Solutions, LLC May 06, 2025, 07:59 ET Strategic partnership will accelerate the deployment of 1,500 Megawatts of behind-the-meter power solutions for data centers AUSTIN, Texas, May 6, 2025 /PRNewswire/ — Thunderhead Energy Solutions LLC (“Thunderhead”), a developer of ultra-reliable behind-the-meter power solutions […]

Power Sustainable secures over US$330M commitments for new middle-market private equity strategy.Led by a highly experienced investment team, the Strategy will target companies that contribute to future proofing critical sectors of the North American economy. Montreal and New York City, May 1, 2025 – Power Sustainable announced today the launch of its fourth investment group: […]

Exterra Carbon Solutions Raises $20M Series A to Transform Mining Waste into Low-Carbon Critical Minerals & CO2 SequestrationExterra Carbon Solutions (Exterra), a Canadian cleantech innovator transforming legacy mining waste into high-value, sustainable materials, today announced the closing of a CAD $20 million Series A financing round. The round was co-led by Clean Energy Ventures and […]

Everland in partnership with BNP Paribas announces $50 million capital markets initiative to launch first Indigenous-led Amazon forest conservation projects under Equitable Earth StandardNews provided by Everland Apr 30, 2025, 17:00 ET Designed to mobilize billions of dollars for forest communities and conservation, this initiative aims to drive action on global goals for climate, nature and […]

Coterra Energy Reports First-Quarter 2025 Results, Announces Quarterly Dividend, and Provides Guidance UpdateMay 5, 2025 4:47 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported first-quarter 2025 financial and operating results and declared a quarterly dividend of $0.22 per share. Additionally, the Company provided second-quarter production and capital […]

Ørsted divests 24.5% stake in West of Duddon Sands Offshore Wind Farm to funds managed by Schroders Greencoat01.05.2025 01:00 Ørsted has completed a farm-down for a 24.5% stake in West of Duddon Sands Offshore Wind Farm to funds managed by Schroders Greencoat. The value of the transaction is GBP 456.1 million (approx. DKK 4 billion) […]