NEWS— Click on text to read news by category: General | Product | People | Worldwide
American Electric Power Signs Agreement to Sell Unregulated Renewables Assets in $1.5 Billion Deal
February 27, 2023
American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ, and funds managed by Blackstone Infrastructure, at an enterprise value of $1.5
U.S. Drillers Cut the Most Oil and Gas Rigs in a Month Since June 2020
February 27, 2023
U.S. energy firms in February cut the most oil and natural gas rigs in a month since June 2020, with the gas rig count falling to the lowest since April, energy services firm Baker Hughes said in its closely followed
Diamondback Closes $1.55 Billion Acquisition of Lario Permian
February 24, 2023
Diamondback Energy has completed its acquisition of all leasehold interests and related assets of Lario Permian, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers. “Lario is an attractive bolt-on to our existing Martin County
Cardinal Midstream Acquires Medallion’s Natural Gas Business in Prolific Delaware Basin
February 24, 2023
Cardinal Midstream Partners has closed its acquisition of Medallion Midstream Services’ natural gas gathering and processing business in the prolific Delaware Basin in West Texas. The newly acquired business spans Reeves and Loving counties and includes approximately 80 miles of
Investment Firm North Hudson Resource Partners Launches $275 Million Energy Credit Fund
February 24, 2023
North Hudson Resource Partners, a Houston-based energy investment firm, has launched its inaugural credit fund, North Hudson Energy Credit Partners. NH Energy Credit seeks to deploy $275 million of capital to support middle-market, North American onshore oil and gas production
API CEO Mike Sommers Outlines Bipartisan Policies to Make, Move, and Improve American Energy
February 24, 2023
American Petroleum Institute (API) President and CEO Mike Sommers gave remarks during the 19th Annual State of the Energy Industry Forum, hosted by the U.S. Energy Association. Sommers emphasized API’s recently announced plan for policymakers in Washington to secure a
Intensity Infrastructure Partners Secures Equity Commitment From EIV Capital
February 24, 2023
Intensity Infrastructure Partners, a growth-oriented energy infrastructure company focused on acquiring and developing midstream infrastructure, has received an equity commitment by EIV Capital, a private equity firm focused on the energy industry, and by Intensity’s management. The investment will allow
Baker Hughes Unveils New Digital Solutions for More Intelligent Operations and Cleaner Energy
February 24, 2023
Baker Hughes has introduced multiple new digital solutions and investments to advance more intelligent and energy-efficient operations. The result of detailed research conducted with oil and gas, heavy industry, and broader industrial customers and partners, the solutions focus on improving
INEOS Energy Acquires Chesapeake’s Eagle Ford Assets for $1.4 Billion
February 23, 2023
INEOS Energy, the energy business of British chemicals company INEOS, has partly acquired Chesapeake Energy’s oil and gas assets in south Texas, for $1.4 billion. The company will acquire around 2,300 wells producing net 36,000 barrels of oil equivalent per
Quantum Energy Partners and Bison Form New Entity with Capital Commitments of $500 Million
February 23, 2023
Quantum Energy Partners and the management of Bison Oil & Gas have formed a new entity, Bison Oil & Gas Partners IV with equity capital commitments in excess of $500 million. Building on the success of prior Bison entities, Bison
Page 230 of 755 pages ‹ First < 228 229 230 231 232 > Last ›
