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Argonaut Acquires Premier Drilling Tool Manufacturer Center Rock
June 13, 2023
Argonaut Private Equity, a Tulsa, OK-based private equity fund, has acquired Center Rock Inc., a Berlin, Pennsylvania-based provider of drilling tools and rigs serving the construction, mining, utility, and energy industries. The private equity group’s low-leverage approach reinforces the partnership’s
Grupo Carso to Acquire to Acquire Talos Energy’s Mexican Subsidiary for $125 Million
June 13, 2023
Talos Energy said that Zamajal, a wholly owned subsidiary of Grupo Carso, has agreed to acquire a 49.9 percent interest in Talos’s Mexican subsidiary. The subsidiary holds the company’s 17.4 percent stake in Zama. Carso is one of the world’s
Mitsui to Invest in Delfin to Accelerate Clean Low-cost LNG Exports
June 12, 2023
Delfin Midstream has entered into a strategic investment agreement with Mitsui O.S.K. Lines (MOL) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of
LS Energy Solutions and Strata Clean Energy Partner to Deploy Energy Storage System
June 12, 2023
LS Energy Solutions has partnered with Strata Clean Energy for the first commercial deployment of its AiON-ESS Energy Series all-in-one energy storage system. Strata, a nationwide provider of utility-scale clean energy projects, will operate the AiON-ESS units to provide peak
U.S. Drillers Cut Oil and Gas Rigs for Sixth Week in a Row
June 12, 2023
U.S. energy firms last week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since July 2020, energy services firm Baker Hughes said in its closely followed report
Senator Capito, 27 Colleagues Seek Hearings on EPA Plan to Shutter Coal-and-Gas-Fired Plants
June 12, 2023
U.S. Sen. Shelley Moore Capito, R-W.Va., is asking for additional public hearings to be scheduled on a far-reaching federal Environmental Protection Agency plan that would force the closure of additional coal-and-gas-fired power plants. Capito, the ranking member of the Senate
Enbridge Sees Canada Woodfibre LNG Export Plant in Service in 2027
June 9, 2023
Enbridge’s Woodfibre LNG partnership in British Columbia was on track to enter service in 2027, Cynthia Hansen, president of gas transmission and midstream at the Canadian energy company, said on Thursday. Hansen told Reuters at the Reuters Global Energy Transition
EIA: U.S. Electricity Generation from Natural Gas was Highest on Record this Past Winter
June 9, 2023
According to EIA’s Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most recent winter heating season (November 1 - March 31), averaging more than 120 BkWh per month and
Black Bear Transmission Sells Mississippi Gas Gathering Assets
June 7, 2023
Black Bear Transmission (BBT) has completed the divestiture of gas gathering assets owned by BBT Mississippi to Skye MS of Columbia, Mississippi. BBT MS owns and operates a fee-based, natural gas transmission system that delivers gas to utility, industrial, and
Knight Energy Services Acquires Platinum Pipe Rentals
June 7, 2023
Knight Energy Services, a portfolio company of Voyager Interests, has acquired Platinum Pipe Rentals. Platinum, headquartered in Odessa, Texas, is a leading drill pipe and tubing rental operation focused on the Permian Basin and the Eagle Ford Shale. Financial terms
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