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Union Pacific, Norfolk Southern to Create America’s First Transcontinental Railroad in $85B Deal
August 22, 2025
Union Pacific and Norfolk Southern have entered into an agreement to create America’s first transcontinental railroad. These legendary companies will seamlessly connect more than 50,000 route miles across 43 states from the East Coast to the West Coast, linking approximately
Commonwealth LNG Awards EPC Contract to Technip Energies
August 21, 2025
Commonwealth LNG said it has contracted Technip Energies to provide engineering, procurement, and construction (EPC) services for Commonwealth’s 9.5 million tonnes per annum LNG facility under development in Cameron Parish, Louisiana. Commonwealth LNG anticipates a final investment decision on its
SLB Acquires Leading Well Intervention Software Company Stimline Digital
August 21, 2025
Global energy technology company SLB has acquired Stimline Digital, a leading cloud-based software company for the energy sector specializing in well intervention. Stimline Digital’s IDEX™ platform provides operators with a powerful visualization canvas and collaborative environment to optimize the planning
DOI Advances Energy Dominance Through the One Big Beautiful Bill Act
August 21, 2025
Following President Trump’s signing of the One Big Beautiful Bill Act, or H.R. 1, the Department of the Interior is implementing key changes that will promote U.S. energy production and other regulatory actions needed to ensure the responsible management of
Rising Phoenix Closes Sale of Barnett Royalty Package
August 20, 2025
Rising Phoenix Capital has made a strategic sale of a 661.88 net royalty acre mineral package in the Barnett Shale, located in Denton County, Texas. Operated by BKV Barnett, this asset was part of the Rising Phoenix Royalty Fund and
Coal,Oil to Join Forces on North Dakota Energy Production, Coal Plants to Supply CO₂ to Oil Industry
August 19, 2025
North Dakota Senator John Hoeven urged the state’s coal and oil industries to work together to thrive in the long term and meet the increasing demand for energy. Hoeven touted an effort to have the state’s coal plants supply carbon
Global Infrastructure Partners Enters Agreement to Acquire Co-Control Stake of Eni CCUS
August 19, 2025
Global Infrastructure Partners (GIP), a part of BlackRock, has entered into a definitive agreement to acquire a 49.99 percent interest in Eni CCUS. Eni CCUS a leading global platform in the carbon capture, utilization, and storage (CCUS) sector. Eni CCUS
Centrica Enters Long-term Natural Gas Sale and Purchase Agreement with Devon
August 18, 2025
Centrica confirmed that its trading arm, Centrica Energy, has entered into a natural gas sale and purchase agreement with US-based Devon Energy. Under the agreement, Devon Energy will supply 50,000 (MMBtu) per day of natural gas over a 10‑year term starting
U.S. Oil and Gas Rig Count Holds Steady
August 18, 2025
U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes said in its closely followed report on Friday. Baker Hughes said oil rigs rose by one to 412 this
Aramco Inks $11 Billion Midstream Deal with Global Infrastructure Partners
August 15, 2025
Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah Gas Processing Facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. Jafurah is the largest non-associated
