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Vital Energy Grows Permian Scale in Three Deals Worth $1.165 Billion
September 15, 2023
Vital Energy has signed three definitive agreements that will materially add scale in the Permian Basin, increase free cash flow, enhance capital efficiency, and significantly reduce leverage. “These transactions increase our scale in the Permian and fit with our proven
Expro to Enhance Subsea Well Access Offering With $106 Million Acquisition of PRT Offshore
September 15, 2023
Expro has entered into a definitive agreement to acquire offshore services provider, PRT Offshore. Total consideration to be paid at closing is approximately $106 million, including $62 million of cash and $44 million of newly issued Expro shares. Potential additional
Tivoli Midstream Acquires NTX Gathering System from Phillips 66
September 15, 2023
Tivoli Midstream has closed on the acquisition of a crude oil pipeline system in Northern Texas (NTX) from affiliates of Phillips 66 Company. The acquisition will be made through Tivoli Services, a subsidiary of Tivoli. NTX consists of approximately 140
Equinor Acquires Stake in Bayou Bend CCS Project Along Gulf Coast in Southeast Texas
September 15, 2023
Equinor has acquired a 25 percent interest in Bayou Bend CCS, positioned to be one of the largest U.S. carbon capture and storage projects located along the Gulf Coast in Southeast Texas. “Commercial CCS solutions are critical for hard-to-abate industries
New Research Shows Red Tape is Holding Up Dozens of Key Energy Projects
September 15, 2023
New research published Friday morning and shared with Fox News Digital sheds light on the growing backlog of energy projects that have been slowed by a cumbersome permitting process. The research — published by the right-leaning Americans for Prosperity in
Kingston Midstream to Acquire Rangeland Midstream and Its Clearwater Assets, Canada
September 14, 2023
Kingston Midstream Limited has entered into an agreement where its wholly-owned subsidiary, Kingston Midstream Alberta will acquire Rangeland Midstream Canada Limited, the owner of the Marten Hills Pipeline. Closing of the transaction is expected to occur by the end of
Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol
September 14, 2023
The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for more than 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas. The partnership,
Holtec Enters Power Purchase Agreement to Reopen Palisades Nuclear Power Plant, Michigan
September 14, 2023
Wolverine Power Cooperative signed an agreement with Holtec’s Palisades Energy on Tuesday to purchase power to re-open the 800-megawatt (MW) Palisades nuclear power plant in Michigan. Holtec International, a diversified energy technology company headquartered in Florida, bought the Palisades plant
Basin Electric Breaks Ground on Pioneer Generation Station Phase IV, North Dakota
September 14, 2023
Nearly 100 cooperative members, employees, community members, and dignitaries gathered Sept. 11 to break ground on Basin Electric’s largest single-site electric generation project to be built in North Dakota in 40 years. As a commitment to the delivery of reliable
Promotional EV Tour Trip by U.S. Secretary of Energy Granholm Goes Awry
September 14, 2023
U.S. Secretary of Energy Jennifer Granholm embarked on a four-day road trip in an electric vehicle this summer and faced a few issues, including trouble locating chargers, long downtimes as batteries slowly refilled, and even having the police called on
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