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NEWS Click on text to read news by category: General | Product | People | Worldwide

March 3: Iran Claims Hormuz Strait is Closed, Threatens to Set Shipping there ‘Ablaze’

March 3, 2026

An Islamic Revolutionary Guard Corps senior official said on Monday that the Strait of Hormuz is closed, threatening that if any vessels pass through it, Iran “will set those ships ablaze,” state media reported. Choking off the Persian Gulf waterway,

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Department of Interior Opens 2.1 Million Acres in Alaska’s Dalton Corridor

March 2, 2026

The Department of the Interior is set to issue public land order No. 7966 in Alaska’s Dalton Utility Corridor, opening approximately 2.1 million acres of public land to location and entry under the public land and mining laws. This marks

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Tallgrass, Bridger Pipeline Launch Joint Open Season for the Bridger and Seahorse Pipelines

February 26, 2026

Tallgrass Seahorse Pipeline, operated by Tallgrass, together with Bridger Pipeline launched a new binding joint tariff open season for incentive tariff rates for shipper commitments for crude oil transportation on expansion capacity from Bridger’s North Dakota Origins to Seahorse’s Destinations.

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GeoPark to Acquire Frontera Energy’s Colombian Oil and Gas Assets for $375 Million

February 25, 2026

GeoPark Limited has entered into a definitive agreement with Frontera Energy Corporation to acquire 100 percent of Frontera Petroleum International Holdings which consists exclusively of oil and gas exploration and production assets in Colombia, for a cash purchase price of

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NextEra to Acquire Symmetry Energy Solutions, Expanding Natural Gas Capabilities

February 25, 2026

NextEra Energy Resources has entered into an agreement to acquire Symmetry Energy Solutions from Energy Capital Partners (ECP). This strategic transaction, which is expected to close in the first quarter of 2026, would enhance NextEra Energy Resources’ existing customer supply

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Siemens Energy Invests $1 Billion to Ramp-up Grid and Gas Turbine Equipment Production

February 25, 2026

Siemens Energy is investing $1 billion to ramp-up manufacturing in the United States and will also significantly expand its workforce. The company is scaling up its U.S. production for grid and gas turbine equipment to support strong growth in the

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EIA: Retirement Delays of U.S. Electric Generating Capacity May Continue in 2026

February 24, 2026

U.S. power plant owners and operators plan to retire nearly 11 gigawatts (GW) of utility-scale electric generating capacity from the U.S. power grid this year, according to data reported to EIA in their latest Preliminary Monthly Electric Generator Inventory. Almost

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Constellation Completes $16.4 Billion Acquisition of Calpine from Energy Capital Partners

February 23, 2026

Constellation has completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP), creating the nation’s largest producer of electricity. With millions of customers depending on the company every day, the combined organization will deliver reliable, clean power that keeps

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Halliburton Signs Framework Agreement for Umbilical-less Tubing Hanger Installations

February 23, 2026

Halliburton signed a framework agreement to provide umbilical-less tubing hanger installation and retrieval services using the Remote Operated Controls Systems (ROCS) technology to Shell. The agreement follows a successful three-well technology phase in the Gulf of America that highlights ROCS’s

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New Fortress Energy Enters Seven-year Gas Supply Agreement with Puerto Rican Government

February 20, 2026

New Fortress Energy (NFE) received final approval for a seven-year gas supply agreement from the financial oversight and management board for Puerto Rico. The contract secures the delivery of approximately 75 TBtu of natural gas to support the island’s ongoing

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