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Here is a look at some of this week’s renewable energy news, including the latest on explosive growth in grid-scale energy storage installations.

PHX Minerals hired bankers to explore a potential merger or sale of the firm, which manages assets across the Midcontinent and Haynesville Shale play. PHX has rejected multiple unsolicited acquisition bids in the past two years.

A spike in power generation demand is driving the U.S. to use natural gas, the Energy Information Administration reports.

Here is a compilation of dividends declared from select upstream, midstream and service and supply companies during the week of Dec. 9.

U.S. energy firms this week operated the same number of oil and natural gas rigs as they did last week, according to Baker Hughes’ weekly report. 

The decision to suspend its Kunooz-1 exploration well comes after flow testing failed to confirm the presence of commercially-viable hydrocarbons, Tethys said.

Delek Logistics purchase of Permian-focused Gravity Water Midstream adds more than 200 miles of permanent pipeline and 46 saltwater disposal facilities.

With a new incoming Trump administration, there is concern about what changes are in store for President Biden’s signature climate legislation, the Inflation Reduction Act.

Venture Global LNG’s Plaquemines plant was on track to pull in about 0.16 Bcf/d of pipeline gas on Dec. 13, up from 0.10 Bcf/d on Dec. 12, according to LSEG data.