The New Jersey-headquartered Energy Capital Partners said its ECP V (Fund V) secured capital commitments of $4.4 billion plus an additional $2.3 billion of co-investment capital; the private equity firm also announced a $2.6 billion take-private of Atlantica Sustainable Infrastructure.
Enverus President Manuj Nikhanj will take over as CEO of the top energy analytics firm on July 1, succeeding Jeff Hughes, who will continue as executive chairman.
Glenfarne said in its FERC filing that the project was delayed due to "extenuating circumstances outside of Texas LNG's control."
Hess Corp. stockholders voted in favor of the company’s merger with Chevron Corp. during Hess’ May 28 special meeting.
Permian Resources said the liquidation of Lynden Energy, a subsidiary of Earthstone Energy, will simplify its corporate structure and reduce go-forward tax obligations at the time of the Earthstone acquisition.
Chevron Corp. stockholders will vote on May 28 and Hess’ stakeholders on May 29 on a $53 million combination that largely centers on Hess’ stake offshore Guyana.
The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.
Here is a selection of upstream and service and supply company dividends declared in the past week.
Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field.
Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal.