Spearmint Energy Secures Financing to Connect 400 MWh to ERCOT
Spearmint Energy has closed more than $250 million in financing for the construction of two battery energy storage systems that will be connected to Texas’ ERCOT grid.
US NatGas Prices Slide 3% to 10-Week Low on Near-Record Output, Mild Weather
U.S. natural gas futures slid about 3% on April 16 to a 10-week low on near-record output.
Expand Energy Joins EQT in Triple-Investment-Grade Credit-Rating Club
The trifecta of endorsements assures Expand Energy, the largest gas producer in the U.S., a seat alongside EQT Corp. at the LNG and AI data center gas-supply negotiating tables.
Renewables Company Catalyze Gains $85MM Investment from RBC
Catalyze said the $85 million financing is expected to support the construction and completion of approximately 75 megawatts of solar projects across the U.S.
Kaes Van’t Hof: $60 Oil Threatens US Production, Permian Rig Activity
“I think before Liberation Day, there was a case towards being pretty bullish,” Diamondback Energy President Kaes Van’t Hof said April 15 at the World Oilman’s Mineral & Royalty Conference. “Unfortunately, it all feels a bit self-inflicted.”
BP Begins Loading its First LNG Cargo From Venture Global’s Calcasieu Pass Plant
(Reuters) – BP Plc will begin loading its first shipment of liquefied natural gas from Venture Global’s Calcasieu Pass plant in Louisiana on Wednesday, according to LSEG data. The BP-chartered vessel British Mentor was about to dock at the Calcasieu Pass port. It is the first cargo BP is receiving from the export facility under …
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Diamondback Energy, Inc. Provides Operational Update for the First Quarter of 2025
MIDLAND, Texas, April 16, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) provided an operational update for the first quarter of 2025. The Company is releasing this information to provide flexibility to opportunistically continue its stock repurchase program given the current market volatility. FIRST QUARTER 2025 HIGHLIGHTS Average production of 475.9 …
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China Pivots From U.S. to Canada for More Oil as Trade War Worsens
Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil Chinese refiners are importing record amounts of Canadian crude after slashing purchases of United States oil by roughly 90 per cent amid escalating trade tensions. A pipeline expansion in Western Canada that opened less than a year ago has presented …
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New Era Helium, Sharon AI Launch Phase 1 of Data Center JV
New Era Helium Inc. and Sharon AI Inc.’s joint venture Texas Critical Data Centers LLC has started on the first phase of development for its 250-MW facility.
Fed Survey: NatGas Prices Hit Below Profitable Levels for Midcon E&Ps
Even as natural gas prices go low, gas-focused basins may see a favorable shift in the current market if crude prices go down, an analyst says.