Energy Sector Sees Dramatic Increase in Private Equity Funding
In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is an end in sight for the fossil fuel capital drought?
Permian Trends Continue to Point to Crude Growth
Smaller, more creative M&A deals are becoming the standard in the Permian’s Midland and Delaware basins, an Enverus analyst says.
Long-Debated Alaskan NatGas Project Comes Into Focus
Pantheon Resources steps up with proposal to bring natural gas to the southern part of the state.
Expand Energy Announces $500MM Tender Offer for 2026 Notes
Expand also issued a conditional notice of redemption for all of its outstanding 8.375% Senior Notes due 2028.
Gulf Coast, Midwest Hydrogen Hubs Land up to $2.2B in DOE Funding
The funding, awarded by the Department of Energy, is part of up to $7 billion the U.S. allocated to establish hydrogen hubs across the country.
Coterra Takes Harkey Sand ‘Row’ Show on the Road
With success to date in Harkey sandstone overlying the Wolfcamp, the company aims to make mega-DSUs in New Mexico with the 49,000-net-acre bolt-on of adjacent sections.
National Renewable Solutions Raises $145MM for Solar, Storage Project in New Mexico
National Renewable Solutions’ Shallow Basket Project’s construction, financed by Deutsche Bank, is currently underway.
Exxon Mobil, LG Chem Ink Deal for Lithium Carbonate
As part of the nonbinding offtake agreement announced Nov. 20, Exxon will supply lithium from its planned project to LG Chem’s cathode plant in Clarksville, Tennessee.
Don’t Get Distracted by Emissions Politics, Energy Executives Say
Eyeing profit with a keep-it-in-the-pipe mentality, executives’ thoughts are on lowering emissions, getting premiums and producing compliance-ready molecules for the EU.
Paisie: Favorable Fundamentals Will Lift 4Q Crude Prices
China, OPEC+ and the Middle East continue to feed volatility into the oil market.