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MDU Resources CEO David Goodin to Retire; Nicole Kivisto Named Successor
August 22, 2023
David Goodin, president and CEO of MDU Resources Group intends to retire on Jan. 5, after a 40-year career with the company. The board of directors unanimously selected Nicole Kivisto, currently president and CEO of MDU Resources’ electric and natural
American Battery Technology Co. Finalizes Purchase of Commercial-Scale Battery Recycling Facility
August 22, 2023
American Battery Technology Company (ABTC) has finalized the purchase of its commercial-scale battery recycling facility located in the Tahoe-Reno Industrial Center (TRIC) at 2500 Peru Drive, McCarran, Nevada. In March, ABTC entered into agreements to acquire the existing facility and
Surge Energy and NexTier Make Record-Breaking Completion Efficiency, Emissions Reductions
August 22, 2023
Surge Energy US Holdings Company and NexTier Oilfield Solutions have made record-breaking completion efficiency in the second quarter as well as emissions reductions. Surge has utilized a NexTier completion crew as the company’s dedicated crew since the fourth quarter of
Permian Resources to Acquire Earthstone Energy for $4.5 Billion
August 21, 2023
Permian Resources Corporation and Earthstone Energy have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt. “We believe the acquisition of Earthstone represents
Pioneer Energy & Bayswater Successfully Field Pilot Zero Emission Oil Production System
August 21, 2023
Pioneer Energy has completed a successful field trial of their new Emission Control Treater (ECT) technology. Pioneer partnered with Bayswater Exploration & Production, a Colorado-based oil producer, to deploy and operate the ECT on one of their production locations in
U.S. Drillers Cut Oil and Gas Rigs for Sixth Week in a Row
August 21, 2023
U.S. energy firms last week cut the number of oil and natural gas rigs operating for a sixth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Summit Carbon Solutions Submits Revised Pipeline Permit Application, North Dakota
August 21, 2023
Summit Carbon Solutions (SCS) has submitted a petition for reconsideration for their pipeline permit application to the North Dakota Public Service Commission (ND PSC), showcasing its continued commitment to the community and addressing previously raised concerns. “We’re truly grateful for
Patterson-UTI Energy Completes $780 Million Acquisition of Ulterra Drilling Technologies
August 18, 2023
Patterson-UTI Energy has completed the acquisition of Ulterra Drilling Technologies, a global provider of specialized drill bit solutions. Total consideration for the acquisition, on a cash-free, debt-free basis, included $370 million of cash and 34.9 million shares of Patterson-UTI common
PHX Minerals Rejects WhiteHawk Energy’s Merger Proposal in Scathing Letter
August 18, 2023
PHX Minerals confirmed that its board of directors previously received, thoroughly reviewed, and rejected an unsolicited, non-binding proposal from WhiteHawk Income Corporation to combine with PHX in a stock-for-stock transaction. “Our Board is committed to driving value for all stockholders
Edison Electric Institute Names Dan Brouillette President and CEO Elect
August 18, 2023
The Edison Electric Institute (EEI) said that Dan Brouillette has been selected as EEI’s president and chief executive officer elect, effective October 1, 2023. Brouillette will become EEI president and CEO on January 1, 2024, and will succeed Tom Kuhn,
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