Five Point Closes Infrastructure Fund with $1.4B in Commitments
Five Point Energy, which created newly public Permian Basin company LandBridge, said its Five Point Energy Fund IV was oversubscribed from a target of $1.25 billion.
Energy Transition in Motion (Week of Sept. 6, 2024)
Here is a look at some of this week’s renewable energy news, including $7.3 billion in clean energy funding for rural Americans.
ONEOK to Acquire Permian’s EnLink, Medallion Midstream for $5.9 Billion
ONEOK will acquire Global Infrastructure Partners’ interests in EnLink Midstream and Medallion Midstream, which add scale in the Permian, Midcontinent and Louisiana, in separate transactions valued at $5.9 billion.
Equinor May Reconsider Investing in UK Oil Sector if Taxes Rise
Equinor's head of international operations said it may not be as attractive to invest in the British oil and gas sector if taxation of oil companies changes.
Petronas, Carbon Clean Sign Deal to Explore Carbon Capture Tech
The agreement between Petronas’ carbon capture subsidiary and U.K.-headquartered Carbon Clean will center on Carbon Clean’s CycloneCC technology.
Technip Awarded FEED for BP’s UK Hydrogen Project
BP’s H2Teesside is expected to be one of the U.K.’s largest low-carbon hydrogen production facilities and fully integrated with carbon capture technology.
E&P Highlights: Aug. 26, 2024
Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
Energy Transition in Motion (Week of Aug. 23, 2024)
Here is a look at some of this week’s renewable energy news, including a promising outlook for global offshore wind capacity.
FourPhase Secures Three New Contracts in UK and UK Continental Shelf
The contracts include coiled tubing and de-sanding services for operators in the U.K. Continental Shelf.
Oil Settles $1 Down After US Job Data Revised Significantly Lower
U.S. employers added far fewer jobs than originally reported in the year through March, the Labor Department said on Aug. 21.