Politics Over Returns? Private Equity’s Renewables, Hydrocarbon Challenge

Private equity is a leader in clean energy investment, but it hasn’t been easy.

EQT to Cut Workforce 15% Following Close of Equitrans Acquisition

EQT Corp. closed its $5.5 billion all-stock buy of Equitrans Midstream Corp. on Sept. 22.

TC Energy Completes Spinoff of Liquids Pipeline Business South Bow

South Bow Corp. will commence trading on the Toronto Stock Exchange on Oct. 2.

GoldenPeaks, CNBM Target 1 GW of Solar Projects in Europe

GoldenPeaks Capital Holding and China National Building Material Group are pursuing solar projects in places such as Germany, Italy and Greece.

APA Corp., TotalEnergies Announce $10.5B FID on ‘Goliath’ Sized Deal Offshore Suriname

APA and TotalEnergies’ offshore Suriname GranMorgu development is estimated to hold recoverable reserves of more than 750 million barrels.

No Shortage of Capital, Shortage of Investable Low-carbon Projects

Investors are looking to the bankability equation—sustainability plus guaranteed returns—and finding that the energy transition’s problem is not a shortage of capital, but a shortage of investable projects.

DOE to Offer Up to $1.3B to Advance CCUS Technologies

The Office of Clean Energy Demonstrations said it anticipates the funding solicitation will be released in late 2024.

Dividends Declared Sept.16 through Sept. 26

Here is a compilation of dividends declared from select upstream, midstream and service and supply companies.

BKV CEO: IPO Driven by AI Power Demand, Improving Natgas Macro

BKV Corp. IPO’d on Sept. 26, nearly two years after the Barnett Shale’s top gas producer first filed to go public.

BKV Prices IPO at $270MM Nearly Two Years After First Filing

BKV Corp. priced its common shares at $18 each after and will begin trading on Sept. 26, about two years after the Denver company first filed for an IPO.