Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart Energy that most of the firm’s capital has gone into oil and gas because it offers the best risk-adjusted returns.
The OneSubsea subsea boosting system will supply the artificial lift needed to maximize production through the accelerated recovery of reserves.
Tied to natural gas production, which has suffered from weak demand, ethane is also headed for bearish prices, according to an analyst.
Enterprise Products Partners closed its purchase of Piñon Midstream for $950 million on Oct. 28, earning Matador Resources $113 million for its roughly 19% ownership interest.
Enterprise Products Partners’ newly converted Texas Western Products system relies on old NGL pipeline networks.
Higher demand for oil, gas and coal will delay peak emissions past 2030 and push the world beyond Wood Mackenzie’s base transition case and closer to a 3 C pathway, the consultancy said in a new report.
Santos in Australian Federal Court over alleged greenwashing Questions raised over gas exporter’s net zero ambitions One of the world’s first legal challenges over corporate greenwashing kicked off in an Australian court, with an activist shareholder group claiming natural gas producer Santos Ltd. misled investors on its climate targets. The Australasian Centre for Corporate Responsibility said Monday in …
Major LNG Producer Challenged in Court on Clean Claims in Landmark Case Read More »
Climate goals, data centers driving interest in atomic sector Amazon, Google, Microsoft have recently done power deals Some of the world’s biggest managers of private capital are making moves to finance and invest in nuclear power plants, latching onto a revival in the sector driven in part by tech giants’ electricity-intensive AI ambitions. Carlyle Group …
Private Equity’s Next Bet on Artificial Intelligence Is Nuclear Energy Read More »
Summary Asia’s demand for US LNG expected to continue rising Canal could have more room for LNG vessels following new reservation system LNG vessels had access to long-term reservations starting in January PANAMA CITY/HOUSTON, Oct 29 (Reuters) – The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand …
Panama Canal Seeks LNG Comeback After 65% Decline in Traffic Read More »
(Reuters) – President Joe Biden’s administration on Tuesday will kick off a sale of offshore wind development rights for eight areas off the coasts of northern New England, a key test of industry appetite for new investment after a year of high-profile setbacks. The auction of nearly 1 million acres (404,680 hectares) in the Gulf …
US Gulf of Maine Offshore Wind Auction Poses Test for Beleaguered Industry Read More »
