The kingdom is plowing billions into infrastructure and investments—and Larry Fink is out to make sure the asset management giant gets a share What’s worth your time when you’ve already built the world’s largest asset management company? For Larry Fink, chief executive officer of BlackRock Inc., courting the billions of dollars in assets up for grabs …
BlackRock’s Aggressive Hunt for Growth in Saudi Arabia Read More »
NV Energy sees unprecedented demand growth on its systems Electricity demand is expected to more than double this decade Executives of US Western utilities owned by Warren Buffett’s Berkshire Hathaway Inc. conglomerate said more natural gas power plants will be needed to supply unprecedented demand growth on their systems. NV Energy Inc. sees natural gas generators playing a …
Buffett Utilities Say More Gas Plants Needed to Meet Demand Read More »
Kimmeridge says it sees no pathway towards a transaction Kimmeridge will instead focus on nominees to SilverBow board Shale driller SilverBow Resources Inc. dropped more than 6% after Kimmeridge Energy Management Co. withdrew a merger offer and said it’ll focus on winning board seats. “Given SilverBow’s lack of engagement, Kimmeridge sees no pathway towards a transaction,” Kimmeridge said in …
Shale Gas Driller SilverBow Plunges After Kimmeridge Drops Bid Read More »
Summary Prices fall for fourth straight session, down 4% on week OPEC spare capacity could offset Iran sanctions, analyst says EIA: U.S. crude inventories up 2.7 million barrels (Reuters) – Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key producing region of the Middle East, …
Oil Extends Losses on Easing Middle East Tension, Demand Concerns Read More »
Deep geothermal leader secures funding to fuel commercialization and replace fossil fuels HOUSTON, April 18, 2024 (GLOBE NEWSWIRE) — GA Drilling, the leader in deep geothermal, announced the first close of $15 million in financing after a series of successful tests. The investment fuels the commercialization of geothermal technologies to scale the renewable energy source …
Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Mitsubishi Power is looking at a “realistic timeline” as the company scales projects centered around the “versatile molecule,” Kai Guo, the vice president of hydrogen infrastructure development for Mitsubishi Power, told Hart Energy’s Jordan Blum at CERAWeek by S&P Global.
Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.
The U.S. Office of Foreign Assets Control issued a new license related to Venezuela that gives companies until the end of May to wind down operations following a lack of progress on national elections.
Tech giant Google has partnered with its peers and several renewable energy companies, including startups, to ramp up the presence of renewables on the grid.
