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Viper Energy to Sell Non-Permian Assets for $670 Million
December 22, 2025
Diamondback Energy on Monday beat estimates for quarterly profit and said it would sell its subsidiary Viper Energy’s non-Permian assets for $670 million to an affiliate of GRP Energy Capital and Warwick Capital Partners. U.S. shale producers are turning to
Plug Power Names Jose Luis Crespo as President and CEO
December 18, 2025
Plug Power has appointed Jose Luis Crespo as president and chief executive officer. Crespo assumes roll as president October 10 and will assume roll as CEO in March 2026. Crespo will succeed Andy Marsh as CEO. Andy Marsh will continue
BLM Oil and Gas Lease Sale in Colorado Generates Nearly $4.9 Million in Revenue
December 17, 2025
The Bureau of Land Management leased 37 parcels totaling 30,528 acres in Colorado for $4,884,267 in total receipts during a quarterly oil and gas lease sale. Combined lease bonus bids and rentals are distributed between the federal government and state
Gulf of America Lease Sale Draws $279 Million in High Bids
December 16, 2025
The Department of the Interior said the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act. The
Brookfield Partners with Nvidia, Kuwait Investment Authority for $100B AI Infrastructure Program
December 16, 2025
Brookfield has launched a $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA). Brookfield will anchor the program with the Brookfield Artificial Intelligence Infrastructure Fund (BAIIF), which launched with a target of $10
BLM Issues Drilling Permits for Eight Gas Wells, Utah
December 15, 2025
The Bureau of Land Management Vernal Field Office has issued an environmental assessment and decision record that authorizes approval of applications for permits to drill for up to eight gas wells from a new well pad (Rainier 1124) with associated
BP Sells Large Stakes in Permian, Eagle Ford Midstream to Sixth Street for $1.5 Billion
December 11, 2025
bp has reached an agreement for Sixth Street-managed funds to purchase non-controlling interests in Permian and Eagle Ford midstream assets of bpx energy — bp’s U.S. onshore oil and gas business. bp will remain operator of all the assets. The
Pelican Energy Partners Acquires Hydraulic, Pneumatic Maker Hanna Cylinders
December 11, 2025
Pelican Energy Partners has acquired Hanna Cylinders. Headquartered in Pleasant Prairie, Wisconsin, Hanna is a leading manufacturer of precision-engineered hydraulic and pneumatic cylinders designed for high-performance industrial applications. Hanna will serve as a strategic platform within Pelican’s investment strategy that
EIA Modernizes Its Short-Term Energy Outlook Reports, More Integrated and Timely Forecasting System
December 10, 2025
Alongside publication of this month’s Short-Term Energy Outlook (STEO), the Energy Information Administration (EIA) announced plans to modernize its core short-term forecasting system. “EIA is decisively accelerating toward a more integrated and timely forecasting system that better reflects the evolving
Senate Passes Resolution to Reopen Alaska Coastal Plain to Oil and Gas Leasing
December 8, 2025
The U.S. Senate voted last week to overturn a Biden-era policy that restricted oil and gas drilling in most of the Arctic Wildlife Refuge’s Coastal Plain, advancing a Trump administration effort to open the area to energy development. In a
