NEWS— Click on text to read news by category: General | Product | People | Worldwide
Partners Group to Acquire PowerTransitions, to Invest $450 Million to Accelerate Growth
June 13, 2025
Partners Group has agreed to acquire PowerTransitions, a utility-scale power developer in the U.S., from EnCap Investments. Partners Group plans to invest more than $450 million of capital to accelerate the company’s future growth. “Our strategy allows for the avoidance
Trump Administration Pushes for a 5,000-Well Oil And Gas Project, Wyoming
June 11, 2025
The Trump administration is pushing to move ahead with granting approvals for a 5,000-well oil and gas project in Converse County, Wyoming. A favorable BLM report comes despite a previous court order halting permitting for the project. The Bureau of
Saber Power Acquires Electrical Field Servicer inoLECT
June 11, 2025
Saber Power Services has acquired inoLECT, a leading electrical engineering and field services firm that provides a wide range of integrated electrical power system products and services. Founded in 1998 and headquartered in Baton Rouge, Louisiana, inoLECT has built a
DOI Moves to Rescind 2024 Rule on Alaska’s Petroleum Reserve
June 10, 2025
The Department of the Interior has proposed rescinding a rule put in place last year that added new restrictions on oil and gas development in the National Petroleum Reserve in Alaska. Rescinding the 2024 rule will remove regulations that are
EIA: Gulf of America Oil and Natural Gas Production Expected to Remain Stable Through 2026
June 9, 2025
According to the EIA brief analysis, crude oil production in the Federal Offshore Gulf of America (GOA) is forecasted to average 1.80 million barrels per day (b/d) in 2025 and 1.81 million b/d in 2026, compared with 1.77 million b/d
Constellation‘s Acquisition of Calpine Clears Texas Regulatory Review
June 6, 2025
Constellation said it has received regulatory approval from the Public Utility Commission of Texas (PUCT) for its acquisition of Calpine Corporation. The approval is progress in Constellation’s plans to combine the nation’s largest zero-emissions nuclear fleet with Calpine’s premier portfolio
DOE Cancels $3.7 Billion in Biden-Era Clean Energy Awards
June 5, 2025
U.S. Secretary of Energy Chris Wright has terminated 24 awards issued by the Office of Clean Energy Demonstrations (OCED) totaling more than $3.7 billion in taxpayer-funded financial assistance. After a thorough and individualized financial review of each award, DOE found
BIS Issues NOI to Deny Applications for Licenses to Export Three Ethane Cargoes to China
June 5, 2025
Enterprise Products Partners said it received notice from the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) of BIS’s intent to deny Emergency Authorization Requests (EARs) with regard to three proposed cargoes of ethane to China, totaling approximately
Trump Nominates Vinson & Elkins Attorney Laura Swett to Lead FERC
June 4, 2025
President Donald Trump on June 2 nominated energy attorney and former Federal Energy Regulatory Commission official Laura Swett to take Mark Christie’s seat at FERC after his term expires June 30. Swett’s nomination to a five-year term will require Senate
DOE Issues LNG Export Authorization for Port Arthur Phase II, Texas
May 30, 2025
U.S. Secretary of Energy Chris Wright has approved a final authorization for liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from Port Arthur LNG Phase II in Jefferson County, Texas, following the response to comments on the
