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NextEra’s renewable energy arm added about 2,765 megawatts to its backlog in first-quarter 2024, marking its second-best quarter for renewables — and the best for solar and storage origination.

Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.

Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.

Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions

Eni, one of Italy’s biggest energy companies, will transfer its U.K. business in exchange for 38.5% of Ithaca’s share capital, while the existing Ithaca Energy shareholders will own the remaining 61.5% of the combined group.

Venture Global’s massive export terminal will change natural gas flows across Gulf of Mexico but may still be years away from delivering LNG to long-term customers.

PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.