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ST LNG Selects Baker Hughes as Technology Provider for U.S. Offshore LNG Project, Texas
April 10, 2026
Baker Hughes and ST LNG entered into an agreement where Baker Hughes will supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed liquefied natural gas export terminal offshore of Matagorda, Texas. As part of
Citadel to Acquire Leading German Power Trader FlexPower
April 10, 2026
Citadel has entered into a definitive agreement to acquire 100 percent of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s
Prinoth Launches Its New Panther T23R Crawler Carrier
April 9, 2026
Prinoth has launced its new flagship Panther T23R the industry’s largest and most technologically advanced rotating crawler carrier. The new model is the first to feature Prinoth’s PowerForce™ undercarriage, a breakthrough design underpinning more than 20 patent applications, delivering unmatched
Transocean to Acquire Valaris in $5.8 Billion Deal
April 8, 2026
Transocean and Valaris Limited have signed a definitive agreement to combine the two companies where Transocean will acquire Valaris in an all-stock transaction valued at approximately $5.8 billion. The shareholding percentages of the combined company will be approximately 53 percent
EPA Finalizes Revisions for Clean Air Act Rules for Oil and Natural Gas
April 7, 2026
U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin took another step in unleashing domestic energy and revising burdensome, unworkable Biden-era oil and natural gas policies. The EPA finalized revisions to certain aspects of the Biden-Harris administration’s 2024 Clean Air Act
Department of the Interior Begins Transition to Marine Minerals Administration
April 7, 2026
The Department of the Interior has started a phased plan to establish the Marine Minerals Administration, bringing together the functions of the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement. This action is intended to
Railroad Commission of Texas Celebrates 135 Years of Dedicated Service to Texas
April 7, 2026
On April 3, the Railroad Commission of Texas (RRC) celebrated a major milestone, marking 135 years of service as the state’s oldest regulatory agency. Since its founding in 1891, the Commission has guided Texas through many significant periods of change,
Golden Pass LNG Achieves First LNG Production from Train 1 at Sabine Pass Terminal, Texas
April 6, 2026
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has achieved first production of Liquefied Natural Gas (LNG) from Train 1 at its Sabine Pass Terminal, marking a major milestone in the project’s journey to full operations. This achievement
BOEM Highlights Role of Offshore Leasing and Planning in Supporting Record Energy Production
April 3, 2026
The Bureau of Ocean Energy Management released details on the critical role of offshore leasing, resource assessment, and long-term planning in supporting record oil production on the U.S. Outer Continental Shelf, which reached more than 714 million barrels in 2025.
OIC Successfully Closes Credit Opportunities Fund Above Target at $1.58 Billion
April 1, 2026
OIC has successfully closed on its OIC Credit Opportunities Fund IV, with total commitments of approximately $1.58 billion. The fund closed 43 percent above its $1.1 billion target, reflecting strong investor demand while maintaining OIC’s disciplined focus on middle-market infrastructure
