Exxon, which owns a 30% stake in the project, plans "to continue to fully support Golden Pass LNG through completion," a spokesperson for the company said.
Trent Bridges, who served as vice president and assistant general counsel for Magellan Midstream Partners, has represented clients in a range of energy transactions, infrastructure development projects and investments, with a particular emphasis on the midstream industry.
The company’s new ticker symbol will be “VIRI” and listed on Euronext Paris, effective May 21.
There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
SilverBow Resources said it will adjourn its May 21 shareholders’ meeting until May 29 following Crescent Energy’s agreement to buy the Eagle Ford operator.
Net proceeds from the sale of senior notes will be used to pay off debt and other general corporate purposes.
Brazil’s President Luiz Inácio Lula da Silva has requested that Petrobras CEO Jean Paul Prates resign following a dispute over dividend payments.
Plug Power said the funds will be used to finance development and construction of up to six green hydrogen production facilities.
The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.