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FERC Approves Constellation’s $16.4 Billion Calpine Acquisition
July 30, 2025
Constellation has received regulatory approval from the Federal Energy Regulatory Commission (FERC) for its acquisition of Calpine Corporation. “We appreciate FERC’s timely attention, review and approval of this transaction,” said Joe Dominguez, president and CEO of Constellation. “As electricity demand
Venture Global Reaches $15.1 Billion FID for CP2 LNG, Louisiana
July 29, 2025
Venture Global has made a final investment decision (FID) and successfully closed $15.1 billion project financing for the first phase of the company’s third project, Venture Global CP2 LNG (CP2), together with the associated CP Express Pipeline. This milestone represents
FERC Approves MISO’s Fast-Track Plan to Address Urgent Grid Reliability Needs
July 29, 2025
The Federal Energy Regulatory Commission (FERC) has approved the Midcontinent Independent System Operator’s (MISO) Expedited Resource Addition Study (ERAS) proposal — a short-term measure aimed at quickly connecting critical new power resources to the grid amid rapid load growth and
Pembina Pipeline Reaches Settlement With Shippers on Alliance Pipeline
July 29, 2025
Pembina Pipeline Corporation said Alliance Pipeline Limited Partnership has reached a negotiated settlement with shippers and interested parties on the Canadian portion of the Alliance Pipeline and filed an application with the Canada Energy Regulator (CER) seeking approval of the
DOI Releases Details on Oil and Gas Lease Sale in New Mexico, Generates Over $58 Million in Revenue
July 28, 2025
The Department of the Interior said the Bureau of Land Management New Mexico State Office leased 16 parcels totaling 7,501.76 acres for $58,260,939 in total receipts for its quarterly oil and gas lease sale. This is the third highest value
First Energy Pledges $15 Million in Expansion Projects at Pennsylvania Energy and Innovation Summit
July 28, 2025
FirstEnergy board chair, president, and CEO Brian Tierney addressed government officials, global investors, and leaders in energy, technology, labor and trade during the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh, hosted by Senator David McCormick. Tierney
Frontier Group of Companies to Transform Bruce Mansfield Power Plant into Natural Gas Power Plant
July 28, 2025
The Frontier Group of Companies (FGC) is converting the former 2.7 gigawatt Bruce Mansfield Power Plant into Shippingport Power Station, a significantly larger state-of-the art natural gas generation plant with new incremental onsite generation. Additionally, FGC has secured a partner
Blackstone Commits Over $25 Billion in New Natural Gas-fired Power Plants, AI Infrastructure, Pa.
July 25, 2025
Blackstone will invest over $25 billion to support the build out of Pennsylvania’s digital and energy infrastructure and help catalyze an additional $60 billion investment into the Commonwealth. This initiative builds on Blackstone’s track record as the leading investor in
Mach Natural Resources to Acquire Assets in the Permian and San Juan for $1.3 Billion
July 25, 2025
Mach Natural Resources has entered into two separate definitive agreements: one to acquire certain oil and gas assets from Sabinal Energy and another to acquire entities owning oil and gas assets managed by IKAV Energy. The combined consideration for both
NEO Energy to Acquire Gran Tierra Energy’s North Sea Unit for $7.5 Million
July 25, 2025
NEO Energy has signed an agreement to acquire Gran Tierra North Sea Limited (GTNSL), a 100 percent owned subsidiary of Gran Tierra Energy for $7.5 million. GTNSL holds a 100 percent equity interest in UKCS licence P2358 which includes the
