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Pennybacker Acquires New Fortress Energy’s Miami LNG Business, Daniel McLaughlin to Lead Company
November 27, 2024
Pennybacker Capital Management has completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy. The Miami LNG business is a strategically located small-scale liquefaction operation, equipped with one liquefaction
DOE Awards Up to $2.2 Billion for Two Regional Clean Hydrogen Hubs
November 27, 2024
The U.S. Department of Energy (DOE) has allocated up to $2.2 billion in award commitments for two Regional Clean Hydrogen Hubs (H2Hubs) that will help accelerate the commercial-scale deployment of low-cost, clean hydrogen, The two awardees — Gulf Coast H2Hub
Valveworks USA Acquires Lancaster Flow Automation
November 26, 2024
Valveworks USA has acquired Lancaster Flow Automation. Lancaster Flow Automation is a Houston, Texas based, high-end, innovative choke products company. Lancaster has served its market for 30+ years with new, patented technology and advanced applications. Renowned for its expertise and
EPA to Grant W.Va. Authority to Oversee Class VI Well Program Permits for Carbon Storage Projects
November 26, 2024
Senators Joe Manchin III, I-W.Va., Chairman of the Senate Committee on Energy and Natural Resources, and Shelley Moore Capito, R-W.Va., ranking member of the Senate Committee on Environment and Public Works, said the Environmental Protection Agency (EPA) has proposed granting
Houston Natural Resources Rebrands as Cunningham Natural Resources
November 21, 2024
Houston Natural Resources has completed its name change from Houston Natural Resources to Cunningham Natural Resources. Houston Natural Resources filed with FINRA for the name change in August 2023 after completing the acquisition of Cunningham Energy. Cunningham Natural Resources is
IntelliTrans Appoints Matt Everson as Senior Vice President, Sales and Marketing
November 21, 2024
IntelliTrans has appointed Matt Everson as senior vice president of Sales and Marketing. In his new role, Matt will lead the company’s sales and marketing teams to accelerate new business growth and drive customer success. With a proven track record
Global Partners Completes Acquisition of ExxonMobil’s East Providence Liquid Energy Terminal
November 21, 2024
Global Partners has successfully completed the acquisition of a liquid energy terminal in East Providence, Rhode Island from the ExxonMobil Oil Corporation. The East Providence terminal, featuring ten product tanks with 959,730-barrel shell capacity, serves as a strategic storage facility
Ovintiv to Acquire Core Oil-Rich Alberta Montney Assets for $2.377 Billion
November 19, 2024
Ovintiv has entered into a definitive purchase agreement to acquire certain Montney assets from Paramount Resources valued at approximately $2.377 billion (C$3.325 billion). Upon closing, the acquisition will add approximately 70 MBOE/d of production, 900 net 10,000 foot equivalent well
Coterra Energy to Acquire Permian Assets from Franklin and Avant for $3.95 Billion
November 19, 2024
Coterra Energy has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion. “We are thrilled to announce the pending acquisition of two
Trafigura Signs Long-term Natural Gas Agreement with NuVista Energy
November 19, 2024
Trafigura has signed a long-term natural gas agreement with NuVista Energy. NuVista is a leading producer of condensate-rich natural gas in the Montney formation in the Alberta Deep Basin, Canada. Under the agreement, NuVista will supply 21,000 MMbtu/d of natural
