Darren
Barbee
Oil and Gas Investor
Sage Geothermal, ABB Form Energy Storage, Power Partnership
In a memorandum of understanding, ABB said it would support Sage Geothermal on its energy project with Meta.
ONEOK, MPLX Enter $1.75B JV for Texas LPG Export Terminal, Pipeline
ONEOK Inc. and MPLX have entered into agreements to invest $1.4 billion to build a 400,000 bbl/d LPG export terminal in Texas and a $350 million pipeline project.
Occidental, Ecopetrol Extend Midland Basin Drilling JV
The updated plans between Occidental and Colombian state oil company Ecopetrol call for 34 new Midland Basin wells between April 2025 and June 2026.
Chevron JV Plans 4-GW Project to Fulfill US Data Center Power Needs
Chevron U.S.A. Inc., Engine No. 1 and GE Vernova will develop the natural gas-fired power plants co-located with data centers amid President Trump’s push for AI dominance.
The Latest
Sage Geothermal, ABB Form Energy Storage, Power Partnership
In a memorandum of understanding, ABB said it would support Sage Geothermal on its energy project with Meta.
ONEOK, MPLX Enter $1.75B JV for Texas LPG Export Terminal, Pipeline
ONEOK Inc. and MPLX have entered into agreements to invest $1.4 billion to build a 400,000 bbl/d LPG export terminal in Texas and a $350 million pipeline project.
Occidental, Ecopetrol Extend Midland Basin Drilling JV
The updated plans between Occidental and Colombian state oil company Ecopetrol call for 34 new Midland Basin wells between April 2025 and June 2026.
Chevron JV Plans 4-GW Project to Fulfill US Data Center Power Needs
Chevron U.S.A. Inc., Engine No. 1 and GE Vernova will develop the natural gas-fired power plants co-located with data centers amid President Trump’s push for AI dominance.
Tamboran, Falcon JV Plan Beetaloo Development Area of Up to 4.5MM Acres
A joint venture in the Beetalo Basin between Tamboran Resources Corp. and Falcon Oil & Gas could expand a strategic development spanning 4.52 million acres, Falcon said.
SLB Capturi Completes Its First Modular Carbon Capture Plant
The Netherlands facility will capture up to 100,000 metric tons of CO2 annually, SLB said in a news release.
Bedrock Raises $12MM in Funding to Scale Geothermal Tech
Bedrock plans to use the $12 million in Series A funding to advance and deploy its geothermal heating and cooling technology.
SLB Enters Technology Collaboration with Indonesian Geothermal Firm
SLB and Star Energy Geothermal will focus on technologies for subsurface characterization, drilling and production of geothermal assets.
New Era Helium, Sharon AI Cement Permian Basin Data Center JV
New Era Helium and Sharon AI have created a JV, Texas Critical Data Centers, and are working on offtake gas supply agreements and site selection.
Liberty Energy, DC Grid to Collaborate on Turnkey Power Solutions
Liberty Energy’s power solutions and DC Grid’s direct current systems will offer rapidly deployed, scalable and sustainable power for data centers, among other uses.