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This dynamic environment presents both challenges and opportunities for small to mid-sized operators. Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities? Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities?
Danskammer Energy, which had operated a gas-fired peaker power plant along the Hudson River in Newburgh, NY, worked on a project to upgrade the plant since 2018.
billion , marking a major strategic move beyond its traditionally Oklahoma-focused operations. Active Growth Strategy Mach has been an aggressive acquirer since its founding in 2018, having completed more than 20 deals over the past seven years. Mach Natural Resources has signed two definitive agreements totaling $1.3
The Dominican portfolio includes wind, solar and BESS projects, 410 megawatts of which are operational or under construction. The company already owns a 103-MW solar plant under construction and a partially solarized network of 184 service stations, as well as operates natural gas distribution, in the Dominican Republic.
from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries. His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. from 2018-2024. Conference Dates: August 17–20, 2025.
The WDDM concession is located around 90 km offshore Egypt, in the north-western Nile Delta region of the Mediterranean Sea, and is operated by Shell through its joint venture, Burullus Gas Company. The area includes 17 gas fields at water depths ranging from 300 to 1,200 m.
An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. To remain competitive in this new context, companies are investing in decarbonizing their operations. Mtpa, COD 2025); and Sinopecâs Qilu-Shengli chemical plant (1.0 Mtpa, COD 2022). 2 Comparing â¬39/ton in a 0.6
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
In this case, Texas Crude Energy, LLC (Texas Crude) and Warwick-Athena, LLC (Warwick) (collectively, the non-operators) sued Burlington Resources Oil & Gas Co., LP (Burlington or the operator) after Burlington refused to drill several proposed wells on the basis that “it would be imprudent to do so.”
NexTier’s management says they are using advanced electric drive equipment, along with automation-enabled pumpdown technology to streamline service operations during well completions. Justin Esquibel is owner/operator of Underdog Wireline , a business he owns with his wife and his wife’s parents. And the stakes are high.
“Joey” Hall as Chief Operating Officer, effective June 2, 2025. Hall most recently served as Executive Vice President of Operations at Pioneer Natural Resources Company, where he was also a member of the Executive Committee. Joey is a proven leader and trusted teammate with a world-class track record of operational success.”
Operators increasingly turn to emerging basins both domestically and internationally, yet production forecasting in these frontier areas remains severely constrained by limited well control and production history. The fundamental limitation in emerging basin evaluation derives from insufficient production calibration data.
Elijah Nouvelage | Bloomberg | Getty Images Electricity demand growth was "minimal" in recent decades due to increases in energy efficiency, according to Jennifer Curran, senior vice president of planning and operations at Midcontinent Independent System Operator, who testified at a House energy hearing in March.
Between September 2017 and February 2018, Sewak submitted three unpaid invoices. Additionally, in 2017 and 2018, SEC did not give Sewak an opportunity to participate in two units/wells: (1) the Hamrick #3 Unit, which had already been designated; and (2) the Hamrick #5, drilled as an offset well on the Hamrick #3 Unit.
On July 16, 2025 , the Texas Commission on Environmental Quality (TCEQ) approved a New Source Review (NSR) Change of Ownership for Permit #117982, officially transferring ownership of the MCCARN A-5H & B-1H Tank Battery from BPX Operating Company to Warwick-Artemis LLC. onshore oil and gas division. BP transferred these assets to its U.S.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596 / 2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (“UK MAR”). Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in the Paradox Basin, Utah.
The plan involves flushing of the umbilical, pipeline flushing, and seawater fill operations for the subsea flowline loop, as well as nitrogen flushing via subsea vessel, coiled tubing services, and final seawater filling for the Northern Diana flowline, according to the release. EnerMech CEO, Charles Davison Jr.
operate giant petrochemical plants that process US ethane almost exclusively. Joint Venture Energy Transfer and Satellite formed a joint venture in 2018 to construct a new export terminal on the U.S. Chinese firms such as Satellite Chemical Co.
Hilli began operation2018 and has been deployed in Cameroon for Perenco SA under a contract that expires July 2026. The floating LNG facility, fully acquired by Golar last year, will be chartered to the project consortium, Southern Energy SA (SESA), under a contract that is expected to start up 2027.
The permit change finalizes the transition of operational control from APA Corporation —which had previously acquired the asset through Callon Petroleum —to Spirit O&G Operating LLC , led by longtime industry executive Todd Guest. miles on US-87 N, turn right, continue 0.4 miles on US-87 N, turn right, continue 0.4
The collaboration between Safelift and TECA began in 2018 at the former AECC venue, now replaced by the TECA facility in Bucksburn. Steve Morrison, Deputy Operations Technical Manager at P&J Live, commented: “We are thrilled to announce Safelift as our Lifting Inspection partners for another 3 years.
“The project has come a long way since regulator acceptance of the Offshore Project Proposal in 2018. Santos’ operations at Darwin LNG, which employ a 100 percent local workforce, are expected to generate around AUD100 million per year in supply and service opportunities for Northern Territory businesses, Santos said.
(BOE Report) – Israel carried out strikes on Iran on Friday, targeting its nuclear facilities, ballistic missile factories and military commanders at the start of what it warned would be a prolonged operation to prevent Tehran from building an atomic weapon. and European Union sanctions. Iran is exempt from OPEC+ output restrictions.
which made the country the world’s top oil producer in 2018. However, the country’s ample domestic crude production, extensive refining operations and declining reliance on fuel imports mean that Trump and future administrations no longer need to be in any hurry to fill emergency storage to the brim. Meanwhile, exports of U.S.
Derek Sammann 4:32 I would say, Listen, we pay a lot of attention to what we do and how we’re operating and how our customers are interacting. We have a very clear set of market regulatory rules that everybody understands and operatingoperate exactly as they are explained on our website. What’s really encouraging?
That fourth new member, operational technology, is a big deal. The significance of OT to the critical quad: One perspective In the fall of 2018, I was traveling with my wife, Sandi, in London. To me, thats the miracle of operational technology and the critical quad. But thats not the whole story. Let me explain.
In this episode of McKinsey Talks Operations , host Daphne Luchtenberg speaks with Roman Belotserkovskiy , a McKinsey partner and global leader of McKinseyâs procurement and supply-management work within the Electric Power & Natural Gas Practice. Youâre listening to McKinsey Talks Operations , and Iâm your host, Daphne Luchtenberg.
1 Analysis considers all transactions above $100 million made between 2018 and 2023, excluding acquisitions of minority stakes (meaning that there was no change in control) and physical assets (meaning that the target company didnât involve common stock or the target was a physical asset, such as a cellphone tower or a piece of real estate).
Agents supercharge operational agility and create new revenue opportunities. That requires an architecture that is modular and resilient and, more importantly, an operating model that centers on humansânot just as users but as co-architects of the systems they will be living and working with. Yet AI was largely the domain of experts.
In 2018, Cooperative Energy, a generation and transmission co-op headquartered in Hattiesburg, Mississippi, had an issue to deal with. Several years earlier, it had joined the Midcontinent Independent System Operator […] The post Shifting from Coal to Gas: One Co-op’s Award-Winning Journey appeared first on POWER Magazine.
Amp Americas, a company that specializes in the renewable transportation fuel industry, has entered a deal with Equilibrium, an investment firm in carbon transition infrastructure, and Green Gas Partners (GGP) to operate and manage their dairy RNG project in Maricopa, Ariz. It is […].
a nationwide distributor of natural gas, has released its operating results for the fourth quarter of 2019. “Our Our volume continues to grow at a good pace with a 10% increase for the year over 2018 as we exceeded the 100 million gallon mark in the fourth quarter for the second consecutive […]. Clean Energy Fuels Corp.,
Following the successful introduction and operation of a wirelessly-charged bus in 2018, Momentum Dynamics Corp., a provider of high-power wireless charging for electric vehicles, and Link Transit, a public transportation provider operating out of Wenatchee, Wash.,
COG Operating, LLC , a dispute over ownership of produced water. Its holding: COG, the operator, owns the produced water. Between December 2018 and March 2021 COG paid nearly $21 million in disposal fees to a third party to dispose of the produced water.
million dollars in emergency costs from prior operators of an orphaned well. The Court held that, when the LDNR spends monies from the Oilfield Site Restoration Fund on emergencies, it can only recoup those costs from the well’s operator of record and its working interest owners. who last operated the property. 4/6/22), –So.
Aethon Energy Operating, L.L.C. , 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 30:9(B) in which Aethon Energy Operating, L.L.C. Aethon”) was the designated operator. In addition, the April 17, 2018 letter also closely tracked La.
CALGARY – Haul trucks, shovels, pumps and pipes are common sights at Imperial Oil’s vast oilsands operations in northeastern Alberta, but so too are robots and drones, with generative artificial intelligence a newer addition to the technological mix.
Bill began his career with Conoco in 1986 and held numerous engineering, operations, commercial, and business development roles of increasing responsibility before joining the companys executive leadership team in 2018 and becoming chief financial officer in 2020. For more information, go to www.conocophillips.com.
Schneider Electric embarked on the journey in 2018, and now in 2025, a fully automated Le Vaudreuil is yielding some impressive results. Six other such manufacturing sites owned and operated by the company have also bagged the WEF badge. The said transformation was several years in the making.
Quebec will be the very first jurisdiction in the Americas to operate a zero-emission passenger train powered by green hydrogen Running from June to October in Quebec, the Coradia iLint will be North America's first hydrogen train. The train, developed by Alstom, first entered commercial operations in Germany in 2018.
Founded in 2018 as a spin-out from Carnegie Mellon University, Pearl Street Technologies portfolio has grown to include its two software automation products: SUGAR (Suite of Unified Grid Analyses with Renewables) and Interconnect. larger capacities and were nine times more likely to reach operation.
The Hacksaw Crude Oil Terminal, operated by EVX Midstream Partners, is a significant midstream infrastructure asset located in Tilden, McMullen County, Texas. The entire expansion was completed within six months, from January to May 2018.
(Oil & Gas 360) –HOUSTON, May 5, 2025 /PRNewswire/ Gretchen Watkins, President, Shell USA since July 1, 2018, will step down, effective July 31, 2025, after seven years in role. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. Shells U.S.
116-136, enacted modifications to the rules for the use of net operating losses (“ NOLs ”) and corporate alternative minimum tax carryforward credits (“ AMT Carryforward Credits ”) for tax years beginning after December 31, 2017 and before January 1, 2021. Revenue Procedure 2020-24 provides guidance with respect to each of these sets.
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