Exxon’s board of directors has elected Jeff Taylor, who joined Exxon in May, to undertake Morford’s role.
Swift Solar, with backing from Italy’s Eni and others, has raised a total of $44 million for work transforming the solar energy landscape with perovskite tandem solar projects.
EQV Ventures Acquisition Corp. reports that $75 billion of aging private-equity investments are looking for liquidity in the next five years, and they want to be in the hunt to buy.
Clean Energy Fuels Corp. said adding a third train to its LNG plant would increase its capacity by 50%, a move an analyst said could reduce the company’s reliance on third-party suppliers and increase annual EBITDA by $2 million.
UGI Corp. subsidiaries AmeriGas Partners and AmeriGas Finance commenced a cash offer to purchase up to $450 million of outstanding senior notes.
Private equity investment firm KKR & Co. Inc. is among energy-related firms joining the S&P 500 as their market capitalization grows.
Oceaneering International Inc. will supply steel tube and thermoplastic electro-hydraulic umbilicals and associated subsea distribution hardware to projects offshore Brazil.
An analyst estimated Golden Pass LNG’s in-service date could be set back six months and that the export terminal’s owners, Exxon Mobil and Qatar Energy, might try to retain workers formerly employed by Zachry Engineering.
Regional banks are picking up market share and rallying the U.S. upstream sector.
Aker Solutions secured a long term frame agreement worth between $47 million and $142 million with Azule Energy to provide EPC services for brownfield projects and modifications for two FPSOs in Angola.