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Onward Energy Promotes Patrick Welch to CEO, Adam Heath as Chief Financial Officer
November 3, 2026
Onward Energy has appointed Patrick Welch as chief executive officer and Adam Heath as chief financial officer. Welch will also join Onward’s board of directors. Patrick Welch has served as Onward’s chief financial officer since 2023. He has more than
EIG and Saudi Arabia-based Acwa Form U.S. Entity Plenum Power
November 2, 2026
EIG and Saudi based Acwa have entered into definitive agreements to establish Plenum Power, a strategic partnership focused on investment opportunities in the United States. Building on an established relationship that includes prior collaboration on projects in the Middle East,
Prairie Operating Sees D-J Basin Growth Potential After Strong Well Results at Burnett Pad, Colorado
November 2, 2026
Prairie Operating Co. has reported successful initial production results from its Burnett Pad in Weld County, Colorado, with results validating the quality and future development potential of Prairie’s acreage within Genesis Oil and Gas Development Plan I and the surrounding
USGS Releases Assessment of Undiscovered Natural Gas Resources in Alaska’s North Slope
November 2, 2026
The U.S. Geological Survey released an assessment estimating 96 trillion cubic feet of technically recoverable, undiscovered natural gas resources on Alaska’s North Slope. This is nearly three times the roughly 35 trillion cubic feet (TCFG) of proven gas reserves on
U.S. Awards Last of Strategic Oil Reserve Drawdown
November 2, 2026
The Trump administration awarded contracts for nearly 41 million barrels from the nation’s emergency oil reserve, completing a massive oil exchange aimed at curbing soaring energy prices after the war with Iran. Trafigura Trading and ExxonMobil were among the winners,
TotalEnergies to Acquire Operated Interest in Two Major Offshore Gas Fields, Malaysia
November 2, 2026
TotalEnergies has signed agreements with PETRONAS, PTTEP, and KUFPEC to acquire a 30 percent operated interest in the Lang Lebah and B14 gas fields, located off the coast of Sarawak, Malaysia. “The development of Lang Lebah and B14 resources will
Kinder Morgan’s Mississippi Crossing Project Completes Federal Permitting
October 30, 2026
The Federal Permitting Improvement Steering Council (Permitting Council) has completed federal permitting for the Mississippi Crossing Project. The $1.7 billion project received FAST-41 coverage in November 2025, and completed federal permitting three months ahead of schedule. “Congratulations to FERC and
Select Water Solutions to Acquire Pilot Water Solutions for $700 Million
October 30, 2026
Select Water Solutions has entered into a definitive agreement to acquire Pilot Water Solutions, a leading, private water midstream company with primary operations in the Delaware Basin, for an equity-and-cash transaction valued at $700 million, plus $15 million of additional
GE Vernova to Acquire Grid Components Company Trench Group for $9 Billion
October 30, 2026
GE Vernova has signed an agreement to acquire Trench Group, a global leader in high-voltage grid equipment, from investment firm Triton Partners. “Trench’s differentiated high-voltage grid technology, strong execution, and deep customer relationships are key enablers of the modernized, resilient
Horizon Petroleum Commences Production Testing at Lachowice 7 Well, Poland
October 30, 2026
Horizon Petroleum has completed the acid stimulation treatment at the Lachowice 7 (L7) well in southern Poland and has commenced production testing operations. Following completion of the acid stimulation, a coiled tubing unit was installed on the well and nitrogen
