TotalEnergies Buys UK Power Plant from EIG for $575MM

TotalEnergies signed an agreement with EIG, an institutional investor in the global energy sector, for the acquisition of all the shares of West Burton Energy for an enterprise value of £450 million (US$575 million).

Family Offices: Familiar and New Names Coming to Oil, Gas Table

Haynes and Boone semi-annual surveys of oil and gas lenders and producers reveal measured optimism capital formation—and a broader audience of family offices than seen in prior decades is tuning in.

UGI to Offer $600MM in Senior Notes Due 2028

UGI intends to use the net proceeds from the offering to refinance the company’s existing indebtedness, including under UGI’s senior credit facility and its subsidiaries, and for general corporate purposes.

Exxon Mobil Taps Technip, Turner for Louisiana CCUS Project

Exxon Mobil has contracted Technip Energies and Turner Industries to help build a CCUS system capable of conditioning, compressing and transporting, for eventual storage, up to 800,000 metric tons per year of CO2.

Bethancourt Appointed as Devon Energy’s Board Chair

John Bethancourt joined Devon Energy’s board in 2014 following his retirement from Chevron’s executive team.

Wood Mackenzie Appoints Zhou as Head of Power, Renewables Business

Xizhou Zhou most recently led the global power and renewables division at S&P Global’s commodity insights business and the Asia Pacific gas, power and renewables business.

Hydrogen Left Hanging as DOE Prolongs Contract Negotiations

Regulatory and energy experts discuss hydrogen hubs as the award negotiation process continues.

TC Energy Shareholders OK Spinning Off Liquid Pipelines Business

TC Energy will spin off South Bow Corp., with its primary asset the Keystone oil pipeline, while shifting a hefty amount of TC Energy’s debt to the new company.

Capsol Technologies to List On Norwegian Stock Exchange

Carbon capture solutions company Capsol Technologies ASA plans to list on Euronext’s Oslo Børs. 

New Non-executive Director Tony O’Neill Appointed to Woodside Board

Anthony (Tony) O’Neill, who has extensive experience in the global mining industry, is joining Woodside’s board of directors.