industrynews

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 […]

Doral Renewables Secures $1.5 Billion of Debt and Tax Equity Financing for the Completion of Mammoth Solar: PHILADELPHIA, May 15, 2025 /PRNewswire/ — Doral Renewables LLC (“Doral”) has successfully closed construction project financing for the Mammoth South, Mammoth Central I, and Mammoth Central II solar projects in Pulaski County, Indiana. The three projects, each with a generation […]