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WhiteHawk Energy Acquires Marcellus Shale Natural Gas Mineral, Royalty Assets in Pa. and W.Va.
September 19, 2024
WhiteHawk Energy has acquired additional Marcellus Shale natural gas mineral and royalty assets covering 435,000 gross unit acres across southwestern Pennsylvania and northern West Virginia. The acquisition expands WhiteHawk’s core Marcellus position to include top-tier operator Antero Resources alongside additional
SCF Partners Acquires Newpark Fluids Systems for $127.5 Million
September 19, 2024
SCF Partners has acquired the Newpark Fluids Systems business (NFS) from Newpark Resources. Newpark Fluids Systems provides a full range of drilling and completion products and related technical services supported by an innovative digital modeling software suite, global supply chain,
Bayou Midstream Secures New Equity Commitment from EIV Capital
September 19, 2024
Bayou Midstream II said it has received an equity commitment from EIV Capital following their successful partnership for Bayou Midstream. Headquartered in Houston, Bayou Midstream II is an independent energy company focused on the acquisition, development, and operation of midstream
Mattr Enters Agreement to Sell Its Brazilian Pipe Coating Business to Vallourec for $17.5 Million
September 19, 2024
Mattr Corp. has entered into a definitive agreement to sell its subsidiary, Thermotite do Brazil, to Vallourec Tubular Solutions, a subsidiary of Vallourec S.A. Thermotite provides thermal insulation pipe coating services to the offshore oil and gas industry from its
Chevron Shipping, Wärtsilä Partner to Lower Methane Emissions on LNG Carriers
September 19, 2024
Technology group Wärtsilä, in partnership with Chevron Shipping Company plans to convert one engine on six of Chevron Transport Corporation’s LNG Carriers from dual-fuel (DF) to spark gas (SG) operation. The conversions are intended to reduce greenhouse gas emissions by
GreenFire Appoints Rob Klenner as President to Deliver Geothermal Solutions
September 19, 2024
GreenFire Energy has appointed experienced energy industry executive Rob Klenner as president to lead the company and scale it for future growth. Rob Klenner’s experience makes him uniquely suited to oversee the implementation of worldwide geothermal energy projects, the development
Judge Puts Massive 5,000-Well Wyoming Oil And Gas Project in Limbo
September 18, 2024
A massive oil and gas project that calls for up to 5,000 wells in Wyoming’s Powder River Basin is in limbo after a Friday ruling by a federal judge. The decision doesn’t affect existing drilling permits, but blocks future ones.
Baker Hughes Launches New Digital CCUS Solution CarbonEdge™
September 18, 2024
Baker Hughes has launched CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital solution for CCUS operations that provides comprehensive support for regulatory reporting and operational risk management. With an intuitive, integrated dashboard, CarbonEdge delivers precise, real-time data and alerts
BP to Sell Stake in Trans Adriatic Pipeline to Apollo Funds for $1 Billion
September 18, 2024
bp and Apollo have entered into an agreement for Apollo-managed funds to purchase a non-controlling stake in bp Pipelines TAP Limited, the bp subsidiary that holds a 20 percent share in Trans Adriatic Pipeline (TAP) in a transaction valued at
Mexico’s President-elect Sheinbaum Names Victor Rodriguez Padilla as CEO of PEMEX
September 18, 2024
Mexico’s President-elect Claudia Sheinbaum appointed energy economist Victor Rodriguez Padilla to lead state-owned oil driller and refiner Petroleos Mexicanos (PEMEX) as her administration looks to revive the company’s flagging production and trim its nearly $100 billion debt burden. Sheinbaum tapped
