Dallas Fed Energy Survey: Permian Basin Breakeven Costs Moving Up

Breakeven costs in America’s hottest oil play continue to rise, but crude producers are still making money, according to the first-quarter Dallas Fed Energy Survey. The situation is more dire for natural gas producers.

OEP Completes Acquisition of TechnipFMC’s Measurement Solutions Business

One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.

PE Investors Scoop Up Offshore Services Provider Acteon Group

Acteon Group, a U.K.-based subsea services provider serving customers in offshore oil, gas and renewables, was acquired by new private equity backers.

Exclusive: Is TG Natural Resources Looking to Snap Up More?

At Hart Energy's DUG Gas+ Conference and Expo in Shreveport, Louisiana, TG Natural Resources' President and CEO Craig Jarchow said the integration of the Rockcliff Energy acquisition is well underway and that "being acquisitive is certainly" in the company's future. 

Green Light: NatGas Industry Just Fine, TG Natural Resources CEO Says

Craig Jarchow, president and CEO of TG Natural Resources, updated the integration status of its $2.7 billion acquisition of Rockcliff Energy and addressed macro concerns about the natural gas business at Hart Energy’s DUG GAS+ Conference and Expo in Louisiana.

IKAV and VTTI to Buy Majority Stake in Italy's Adriatic LNG Terminal

The closing of the deal to buy majority stake in the Adriatic LNG terminal by VTTI and IKAV is expected in the second half of the year. 

ONEOK CEO: ‘Huge Competitive Advantage’ to Upping Permian NGL Capacity

ONEOK is getting deeper into refined products and adding new crude pipelines through an $18.8 billion acquisition of Magellan Midstream. But the Tulsa company aims to capitalize on NGL output growth with expansion projects in the Permian and Rockies.

Phillips 66 Explores Sale of Pipeline Stake Worth Over $1B, Sources Say

The Rockies Express Pipeline is a 2730-km interstate natural gas pipeline stretching from Wyoming and Colorado in the West to Ohio.

TotalEnergies, Sinopec to Develop SAF Unit in China

TotalEnergies and Sinopec’s production unit will have the capacity to produce 230,000 tons of sustainable aviation fuel per year.

Stonepeak Joins Shizen to Form Asian Onshore Wind Platform

Stonepeak will have an 80% interest in the onshore wind energy platform, with Japan-based Shizen retaining the remaining 20% interest.