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Hart Energy
Politics, Global Worries Cast Shadow as First Solar Doubles Profits
Despite concerns, including the upcoming U.S. elections, First Solar continues to move forward with projects to expand its production capacity.
PE Firm KKR Becomes Majority Owner in Solar Developer Avantus
KKR, alongside Sumitomo Mitsui Banking Corp., also arranged a $522 million development facility for Avantus.
Southwest Gas Selects Bowman to Survey in Nevada, California
Virginia-based Bowman Consulting Group has been selected a fifth time for ongoing an on-call agreement with Southwest Gas.
Petrobras’ 2Q Production Rises 2.4% YOY to 2.7 MMboe/d
Brazil’s state-owned Petrobras reported average production of 2.7 MMboe/d in second-quarter 2024 as offshore production continues to ramps up.
Transocean Announces $531MM GoM Contract with BP
BP’s contract with a Transocean vessel is expected to culminate in a drilling program beginning in first-quarter 2025.
BP Awards Subsea Alliance Contract for UK North Sea Development
SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea.
ArcLight Forms Renewables Management Team, Acquires Texas Wind Farm
Infrastructure investment firm ArcLight acquired a 160-megawatt wind farm, located in the Midland Basin.
BP Takes FID on Hydrogen Project, Says More to Come
BP said it may invest in five to 10 hydrogen projects this decade.
NOG Updates Share Buyback Following Point Energy Purchase
Northern Oil and Gas repurchased 895,076 shares of common stock during second-quarter 2024 at an average of $38.96 per share.
International, Tech Drive NOV’s 2Q Growth Amid US E&P Headwinds
Despite a U.S. drilling slowdown, slightly offset by Permian Basin activity, NOV saw overall second-quarter revenue grow by 6%, although second-half 2024 challenges remain in North America.