Hart Energy Acquired by Crain Communications Inc.
Hart Energy has been acquired by privately held publisher Crain Communications Inc.
TGS Awarded Two More Streamer Contracts Offshore Norway
Data and intelligence TGS provider now has six contracts scheduled on the Norwegian Continental Shelf.
PE Firm Bluewater to Sell Apex International Energy
Since Bluewater first invested in Apex International Energy in 2018, the company has grown to be one of the top 10 upstream producers in Egypt.
Energy Transfer Signs First Deal to Supply Data Center with NatGas
Energy Transfer LP agreed to provide up to 450,000 MMBtu/d of natural gas to CloudBurst Data Centers Inc.’s flagship AI-focused development in Central Texas.
Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin
Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.
Microsoft Taps EPDR for Solar Power in Illinois, Texas
The three solar projects have a combined capacity of 400 megawatts, according to EDP Renewables North America.
What’s Affecting Oil Prices This Week? (Feb. 10, 2025)
President Trump calls for members of OPEC+ and U.S. shale producers to supply more oil to push down oil prices to the neighborhood of $45/bbl.
Copenhagen Infrastructure Partners Selects Canadian Solar for Energy Storage Systems
Construction on the 240-megawatt battery energy storage system in South Australia is expected to start in 2025, Canadian Solar says.
Drill Baby Drill? Not So Much – Bernstein Sees Modest Pullback in Upstream Capex in 2025
** Bernstein sees a very modest pullback of nearly $5 billion in upstream capex in 2025 ** “We see an upstream sector that returns a bit over half its cash flow while investing a bit under half” – brokerage ** Bernstein says that the supply side has reallocated capital toward downstream, renewables, trading, and cash …
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Where Does the U.S. Get Its Steel and Aluminum From?
(Reuters) – U.S. President Donald Trump said on Sunday he will introduce 25% tariffs on all steel and aluminum imports into the United States, on top of existing metals duties, in another major escalation of his trade policy overhaul. Here’s a summary of the major trade partners it will affect. Steel Roughly a quarter of all …
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