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Caliche Reaches FID for First Phase of Spindletop Expansion Project, Texas
June 5, 2026
Caliche Development Partners, through its subsidiary Golden Triangle Storage (GTS), achieved a final investment decision (FID) on the first phase of its Spindletop Expansion Project in Beaumont, Texas. The decision by Caliche, a Sixth Street portfolio company, comes shortly after
TransAlta to Acquire Blackstone-backed Colorado Gas-fired Plants for $1 Billion
June 5, 2026
TransAlta has entered into a purchase and sale agreement to acquire Mountain Peak Power and Canyon Peak Power, each of which is an indirect subsidiary of Blackstone. The project companies own two new natural gas peaking facilities totaling 318 MW
U.S. House Passes Bill to Extend Federal Oil and Gas Permitting Fund
June 5, 2026
The U.S. House of Representatives passed legislation that would extend a key federal program supporting oil and natural gas permitting activities on public lands, drawing support from industry groups that say the measure helps improve permitting efficiency while remaining fully
Cheniere Signs EPC Contract with Bechtel for First Phase of Sabine Pass Expansion Project
June 5, 2026
Cheniere Energy Partners has entered into a lump sum, turnkey, engineering, procurement, and construction (EPC) contract with Bechtel Energy for the first phase of the SPL Expansion Project. In addition, SPLV has released Bechtel to commence early engineering and procurement
Delfin Midstream Makes $5 Billion FID Delfin LNG Project, Offshore Louisiana
June 4, 2026
Delfin Midstream has taken a final investment decision (FID) for the first floating liquefied natural gas (FLNG) vessel of the Delfin LNG project under development in Louisiana and offshore in the Gulf of America. Delfin FLNG 1 will be the
Obsidian Energy to Acquire Belly River Light Oil Assets for $96 Million, Canada
June 4, 2026
Obsidian Energy has entered into a purchase and sale agreement with Highwood Asset Management Ltd. for the acquisition of high-return Belly River light oil assets in the Wilson Creek area of Willesden Green, consolidating the company’s position as the largest
Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion
June 4, 2026
Hexagon has signed a definitive agreement to acquire Waygate Technologies, a leading provider of non-destructive testing solutions, from Baker Hughes for $1.45 billion. Waygate Technologies serves customers across aerospace, automotive, energy, and industrial manufacturing sectors globally, and brings with it
Tidewater to Acquire Wilson’s Brazil Fleet for $500 Million
June 4, 2026
Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações (WSUT) and its affiliate Atlantic Offshore Services at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing
Chevron and Halliburton Enable Intelligent Hydraulic Fracturing at Colorado Operations
June 4, 2026
Chevron U.S.A. and Halliburton jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention.
Glenfarne Group Appoints Scott Meller as Head of Capital Formation
June 4, 2026
Glenfarne Group has hired Scott Meller, CFA, as head of Capital Formation. In this role, Meller will lead Glenfarne’s institutional fundraising and investor relations activities, supporting the firm’s capital formation strategy across its energy and infrastructure platforms. “Scott brings deep
