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Midstream company USD Partners is selling a Canadian train terminal asset as part of a forbearance agreement to avoid foreclosure or default with its lenders. 

Houston-based Phillips 66 completed the full conversion of its Rodeo Renewable Energy Complex and reached its full capacity of 50,000 bbl/d. The facility will support the growing demand for renewable fuels.

NGL production in Texas is following a growth trend as it recovers from COVID-19, and the BANGL Pipeline’s joint venture partners want in.

TotalEnergies will assume operatorship and a majority stake in the license offshore Africa.

The two 15-year power purchase agreements will provide carbon-free geothermal energy for the equivalent of 350,000 homes across Southern California.

Houston-based Talos Energy and its Block 7 consortium partners could make FID on the Zama field development sometime in the next year. But despite the importance placed on the project to secure energy security for Mexico, the consortium continues to run into headwinds.

U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews.

XCL Resources’ petition was required under a prior agreement EnCap Energy Capital Fund XI struck with the FTC in 2022, which required the private equity group to sell off EP Energy’s Utah oil business.

RESMAN Energy Technology used its chemical tracers for the first time in an enhanced geothermal setting during testing at Utah FORGE’s drilling site.

Shell’s CCS projects are expected to start operations near the end of 2028, Shell said in a news release.