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Liberty Energy Acquries IMG Energy Solutions
March 6, 2025
Liberty Energy has acquired IMG Energy Solutions, a leading developer of distributed power systems. IMG brings integrated capabilities across engineering design and development, construction management, enhanced software and monitoring systems, and operations and marketing. The acquisition strengthens Liberty Power Innovation’s
DOE Issues Export Approval to Golden Pass LNG
March 6, 2025
U.S. Secretary of Energy Chris Wright approved an LNG export permit extension for Golden Pass LNG Terminal, marking yet another step toward meeting President Trump’s and Secretary Wright’s commitment to unleash American energy dominance and restore regular order to liquefied
Diversified Energy to Enter Permian Basin with Acquisition of Maverick in $1.275 Million Deal
March 3, 2025
Diversified Energy has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG for total consideration of approximately $1,275 million. The acquisition combines two complementary asset packages, pairing high-quality proved developed producing weighted production assets
MPLX Acquires Remaining Interest in BANGL for $715 Million
February 28, 2025
MPLX has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55 percent interest in BANGL for $715 million. Additionally, upon achievement of specific financial performance metrics, MPLX would make earnout payments up to
Diversified Closes on $42 Million Acquisition of Summit Natural Resources
February 28, 2025
Diversified Energy has closed on the acquisition of operated natural gas properties and related midstream pipeline infrastructure located within Virginia, West Virginia, and Alabama from Summit Natural Resources. Additionally, the company closed on an asset backed securitization (ABS). Diversified will
CarbonQuest Secures $20 Million to Scale Carbon Capture Deployment
February 28, 2025
CarbonQuest has closed on its $20 million funding round, led by Riverbend Energy Group, with additional funding from two institutional investors. The company secured new capital from Energy Capital Ventures (ECV) and Aligned Climate Capital to add to the capital
IOG Resources Acquires Utica Working Interests in Eastern Ohio
February 27, 2025
IOG Resources has acquired non-operated working interests in the Utica Shale of the Appalachian Basin from an undisclosed seller. The assets consist of approximately 175 developed wellbores and approximately 4,500 net acres of leasehold located in Eastern Ohio. Current net
Western Midstream to Build Permian Produced Water Pipeline
February 27, 2025
Western Midstream Partners (WES) has sanctioned the construction of the Pathfinder pipeline, a 30-inch long-haul pipeline, that will transport produced-water to additional disposal facilities in eastern Loving County within the Delaware Basin. This first-of-its-kind approach will enable WES to transport
RISE PA Initiative to Create Energy Jobs, Cut Costs, Grow Pennsylvania’s Energy and Manufacturing
February 27, 2025
The Pennsylvania Department of Environmental Protection (DEP) opened the Reducing Industrial Sector Emissions in Pennsylvania (RISE PA) program, accepting grant applications from companies that own industrial facilities, mines, and natural gas infrastructure for projects that will create up to 6,000
Ring Energy Bolts On Lime Rock’s Central Basin Assets for $100 Million
February 26, 2025
Ring Energy has entered into an agreement to acquire the Central Basin Platform (CBP) assets of Lime Rock Resources for $100 million, subject to customary closing adjustments. The purchase price is comprised of $80 million of upfront cash consideration, a
