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Dominion Energy Ups 5-Year Spending Plan to $50B
The higher planned capex guidance was delivered by Dominion Energy as power demand grows.
TGS Expands CO2 Storage Assessments Across Gulf Coast, Midwest
TGS is offering information to aid in successful carbon sequestration, including basin-scale stratigraphy, reservoir properties, formation penetration and the associated risks related to pressure and seals.
Nabors SPAC, e2Companies $1B Merger to Take On-Site Powergen Public
Nabors Industries’ blank check company will merge with e2Companies at a time when oilfield service companies are increasingly seeking on-site power solutions for E&Ps in the oil patch.
E&Ps’ Subsurface Wizardry Transforming Geothermal, Lithium, Hydrogen
Exploration, drilling and other synergies have brought together the worlds of subsurface oil drilling and renewable energies.
Report: US Tariffs Could Lead to Higher Onshore Wind Costs
Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security interest and leverage America’s economic position.
PE Firm Hy24 Commits $50MM to StormFisher Hydrogen
The funding, made via Hy24’s Clean Hydrogen Infrastructure Fund, will go toward StormFisher Hydrogen’s efforts to produce clean fuel in North America.
Black & Veatch to Build Two Battery Storage Projects in UK
Serving as the projects’ owner’s engineer and technical advisor, Black & Veatch will review and provide technical advice, construction monitoring and schedule tracking services.
Element3 Produces Lithium Carbonate from Permian Oil, Gas Wastewater
Element3 says it produced the battery-grade lithium carbonate using a Double Eagle Energy Holding subsidiary’s wastewater in the Midland Basin.
E&P Highlights: Feb. 10, 2025
Here’s a roundup of the latest E&P headlines, from a Beetaloo well stimulated in Australia to new oil production in China.
Microsoft Taps EDPR for Solar Power in Illinois, Texas
The three solar projects have a combined capacity of 400 megawatts, according to EDP Renewables North America.