Back in October, Encap Investments announced it was looking to sell five of the 21 upstream portfolio companies the energy-focused PE firm managed at the time. ...
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The game of Shuffleboard took on a whole new meaning between 2021 and ’22 as billion-dollar mergers by independents muscled up scale and drilling inventory amid soaring oil and gas prices. ...
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Of all the oil-and-gas-producing states in the Lower 48, N.D., easily claims the title for Most Merciless Winters. Attracting workers to its famed oil patch may be a tougher sell than usual these days, but attracting new energy investment—in all its forms—is proving a sure bet....
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With only 10 days left on the calendar, several natural gas pipeline operators are jumpstarting new growth projects for 2023. ...
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The newest refinery in the U.S. is the Texas International Terminals in Channelview, which came online in February joining 129 other refineries across the nation. Even the thought of building a refinery—especially now—seems a waste of brain cells. But one company has a grand vision to construct the petroleum refinery of the future that will reduce or eliminate 95% of greenhouse gas emissions. The only decision left is whether Texas or Okla., will call it home. Reese Energy Consulting today is following the latest news from El Campo, Texas-based Prairie Energy, which plans to construct a $5.56 billion “next generation” crude refining complex that not only will produce cleaner fuels but the heat processes to produce them will use a combination of pure O2, blue hydrogen, and green hydrogen. CO2 produced from the hydrogen unit will be captured and permanently sequestered. The facility itself will be powered by 100% renewable...
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Following the sales of two gathering and processing systems over the last four months, Houston-based Summit Midstream has found a shiny new prize to replace them--actually two....
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