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Foothills Exploration Acquires 545 Leases and Wells Located in Kansas and Oklahoma
February 27, 2023
Foothills Exploration has acquired certain leases and wells located in Kansas and Oklahoma. The world is expected to remain dependent upon oil and natural gas as transitional energy sources until the world can produce enough quantities of green energy. Natural
Gulfstream LNG Begins Permitting Process and Advances Project Development
February 27, 2023
Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorization to export up to four million tonnes per annum (MTPA) of liquefied natural gas (LNG)
American Electric Power Signs Agreement to Sell Unregulated Renewables Assets in $1.5 Billion Deal
February 27, 2023
American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ, and funds managed by Blackstone Infrastructure, at an enterprise value of $1.5
U.S. Drillers Cut the Most Oil and Gas Rigs in a Month Since June 2020
February 27, 2023
U.S. energy firms in February cut the most oil and natural gas rigs in a month since June 2020, with the gas rig count falling to the lowest since April, energy services firm Baker Hughes said in its closely followed
Diamondback Closes $1.55 Billion Acquisition of Lario Permian
February 24, 2023
Diamondback Energy has completed its acquisition of all leasehold interests and related assets of Lario Permian, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers. “Lario is an attractive bolt-on to our existing Martin County
Cardinal Midstream Acquires Medallion’s Natural Gas Business in Prolific Delaware Basin
February 24, 2023
Cardinal Midstream Partners has closed its acquisition of Medallion Midstream Services’ natural gas gathering and processing business in the prolific Delaware Basin in West Texas. The newly acquired business spans Reeves and Loving counties and includes approximately 80 miles of
Investment Firm North Hudson Resource Partners Launches $275 Million Energy Credit Fund
February 24, 2023
North Hudson Resource Partners, a Houston-based energy investment firm, has launched its inaugural credit fund, North Hudson Energy Credit Partners. NH Energy Credit seeks to deploy $275 million of capital to support middle-market, North American onshore oil and gas production
API CEO Mike Sommers Outlines Bipartisan Policies to Make, Move, and Improve American Energy
February 24, 2023
American Petroleum Institute (API) President and CEO Mike Sommers gave remarks during the 19th Annual State of the Energy Industry Forum, hosted by the U.S. Energy Association. Sommers emphasized API’s recently announced plan for policymakers in Washington to secure a
Intensity Infrastructure Partners Secures Equity Commitment From EIV Capital
February 24, 2023
Intensity Infrastructure Partners, a growth-oriented energy infrastructure company focused on acquiring and developing midstream infrastructure, has received an equity commitment by EIV Capital, a private equity firm focused on the energy industry, and by Intensity’s management. The investment will allow
Baker Hughes Unveils New Digital Solutions for More Intelligent Operations and Cleaner Energy
February 24, 2023
Baker Hughes has introduced multiple new digital solutions and investments to advance more intelligent and energy-efficient operations. The result of detailed research conducted with oil and gas, heavy industry, and broader industrial customers and partners, the solutions focus on improving
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