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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5% News provided by  EOG Resources, Inc. May 30, 2025, 08:00 ET HOUSTON, May 30, 2025 /PRNewswire/ -- EOG Resources, Inc. ( EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 billion, inclusive of EAP's net debt. EOG currently expects to fund the acquisition through $3.5 billion of debt and $2.1 billion of cash on hand. "This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets," said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG. "Encino's acreage improves the quality and depth of our Utica position, expanding EOG's multi-basin portfolio to more ...

Port Arthur LNG Phase 2 Receives Non-FTA Export Authorization May 29, 2025 HOUSTON, May 29th, 2025 – Sempra Infrastructure , a subsidiary of Sempra (NYSE: SRE), today announced that the U.S. Department of Energy (DOE) issued a permit to the Port Arthur LNG Phase 2 development project to allow the export of up to approximately 13.5 million tonnes per annum (Mtpa) of U.S.-produced liquefied natural gas (LNG) to countries that do not have a free-trade agreement (FTA) with the U.S. The non-FTA permit, which is the first issued since the completion of the DOE’s most recent public interest study, is a major regulatory milestone for the proposed Port Arthur LNG Phase 2 project, which could be a part of helping to narrow the U.S. trade deficit, support the energy security goals of U.S. allies across the globe and strengthen the U.S. economy. “Today’s regulatory approval marks another milestone for the proposed Port Arthur LNG Phase 2 development project, as we make steady progress towards rea...

Northwind Midstream Partners Announces Permitting of Third AGI Injection Well, Final Approval of MRV Plan, and the Completion of New Compressor Station May 29, 2025 4:00 PM Eastern Daylight Time Northwind on track to increase total permitted daily injection capacity to ~37 million MMSCFD of TAG by 2026 MRV approval qualifies Northwind for 45Q tax credits Fifth NACE standard compressor station increases total compression capacity to ~225 MMcf/d HOUSTON--( BUSINESS WIRE )--Northwind Midstream Partners LLC (“Northwind” or the “Company”) today announced that it has received a final order from the New Mexico Oil Conservation Commission approving an additional acid gas injection (“AGI”) and carbon sequestration well to be located at the Company’s Titan Treating Complex in Lea County, New Mexico. New Devonian AGI Well This will be Northwind’s third AGI well, increasing the Company’s total permitted daily injection capacity to ~37 million standard cubic feet per day (MMSCFD) of total acid gas...

Nira Energy Partners with Energize Capital to Scale Transmission Automation Software News provided by  Nira Energy May 29, 2025, 09:00 ET DENVER, May 29, 2025 /PRNewswire/ -- Nira Energy , a leader in transmission automation software, and Energize Capital , a leading climate-focused investment firm, today announced a strategic partnership to scale Nira's platform to meet rising operational demands of the transmission industry. With Energize's help, Nira is building a new suite of software tools for transmission planning—equipping ISOs, utilities, and developers with advanced automation that enables one transmission planning engineer to do the work of ten and better keep up with today's evolving grid. As power demand grows and new energy technologies come online, interconnection requests are rising in both volume and complexity—driving significant delays and stalling the integration of new energy assets. More than 2,600 GW of clean energy capacity is stuck in interconnection...

Eavor Deploys Revolutionary New Active Magnetic Ranging System, Drastically Reducing Drilling Rig Time to Connect Lateral Wells May 28, 2025 Eavor Deploys Revolutionary New Active Magnetic Ranging System, Drastically Reducing Drilling Rig Time to Connect Lateral Wells Eavor-LinkTM Marks a Major Milestone in the Path to Scalable Closed-Loop Geothermal Calgary, Alberta, Canada — Eavor Technologies Inc. has successfully deployed the Eavor-Link™ Active Magnetic Ranging (AMR) system at its first-of-a-kind project in Geretsried, Germany. This breakthrough will significantly improve the efficiency and speed of closed-loop geothermal drilling. “It’s an important milestone to have successfully used Eavor-Link™ AMR for both parallel drilling and final intersection phases, without the use of wireline at any stage. It’s a proud step forward in our mission to improve drilling performance and ultimately to enable geothermal anywhere,” said Eavor Chief Technology Officer, Matt Toews. Traditionally, h...

Bayswater's Tejon Treating Expands Midland Basin Gathering and Treating Infrastructure : DENVER , May 29, 2025 /PRNewswire/ -- Tejon Treating & Carbon Solutions (Tejon), a Texas -based full-service midstream company, announced the completion of a significant expansion of the Mongoose Gas Plant and associated gathering infrastructure to accommodate third party gas in the Midland Basin. Formed in 2023 with backing from Bayswater Management Company and Bayswater LP affiliates, Tejon provides gas gathering and treatment solutions for sour gas in the Midland Basin. Initially the Mongoose Gas Plant had a single customer, a dedication of 35,000 acres, and 17 mmcf/d of throughput capacity. Tejon has expanded to add multiple producers and over 137,000 dedicated acres. As a result, the company has recently completed a significant plant expansion to 70 mmcf/d and now operates over 90 miles of pipeline which services Bayswater and a growing network of regional producers. "...

NextDecade Announces 2.0 MTPA LNG Sale and Purchase Agreement with JERA from Rio Grande LNG Train 5 May 29, 2025 8:00 AM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that it has executed a 20-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with JERA for offtake from Train 5 at the Rio Grande LNG Facility. Under the terms of the SPA, JERA will purchase 2.0 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, subject to a positive Final Investment Decision (FID) on Train 5. “We are pleased to announce JERA, the largest power generator in Japan and a long-established LNG market leader, as a customer for Rio Grande LNG Train 5,” said Matt Schatzman, NextDecade’s Chairman and Chief Executive Officer. “We have seen strong commercial momentum this year for Rio Grande LNG, which is helping us commercialize Train 5 toward a positive F...

Civitas Resources, Inc. Announces Offering of $500 Million of New Senior Notes Due 2032 May 29, 2025 8:56 AM Eastern Daylight Time DENVER--( BUSINESS WIRE )--Civitas Resources, Inc. (the “Company”) (NYSE: CIVI) today announced that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2032 (the “Notes”) in a private placement (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”). The Company expects to use the net proceeds from the Offering to repay a portion of the outstanding borrowings under the Company’s revolving credit facility. The Notes to be offered will not be registered under the Securities Act or under any state or other securities laws, and the Notes will be issued pursuant to an exemption therefrom, and may not be offered or sold within the United States, or to or for the account or benefit of any U.S. Person, absent re...

Energy Transfer Signs Agreement to Supply Kyushu Electric Power Company Up to 1 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility May 29, 2025 6:45 AM Eastern Daylight Time Kyushu’s First-ever LNG Procurement Contract from the U.S. DALLAS--( BUSINESS WIRE )--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Kyushu Electric Power Company, Inc. (Kyushu) related to its Lake Charles LNG project. This follows Energy Transfer’s recent announcement of a Heads of Agreement (HOA) with MidOcean Energy for approximately 5.0 million tonnes per annum (mtpa) of LNG production from Lake Charles LNG. Energy Transfer LNG also recently signed a SPA with an international energy company for 1.0 mtpa of LNG and an HOA with a German energy company for 1.0 mtpa of LNG. Under the SPA with Kyushu, Energy Transfer LNG will supply up to 1.0 mtpa of LNG....

Matador Resources Company Announces Start up of Marlan Plant Expansion, Credit Rating Upgrade and Borrowing Base Reaffirmation   May 29, 2025 6:30 AM Eastern Daylight Time DALLAS--( BUSINESS WIRE )--Matador Resources Company (NYSE: MTDR) (“Matador”) and its midstream affiliate, San Mateo Midstream, LLC (“San Mateo”) today announced the successful start up of San Mateo’s Marlan cryogenic natural gas processing plant (the “Marlan Plant”) expansion in Eddy County, New Mexico. In addition, Matador is pleased to announce a recent upgrade by Fitch Ratings, Inc. (“Fitch”) to the Company’s corporate credit rating to BB and the reaffirmation of the Company’s $3.25 billion borrowing base and $2.25 billion elected commitment under its reserves-based revolving credit facility by its 19-member bank group. Successful Marlan Plant Expansion On Time and On Budget The successful expansion of the Marlan Plant on time and on budget adds an incremental 200 million cubic feet per day (“MMcf/d”) of natu...

OMV showcases groundbreaking technologies at Schwechat Refinery and announces new investment in large 140 MW green hydrogen plant May 28, 2025 OMV inaugurates its ReOil® and electrolyzer facilities at an event themed ‘From Innovation to Impact: Forward for Good’ These pioneering technologies in chemical recycling and green hydrogen underpin OMV’s decarbonization and circularity strategy OMV has taken the final investment decision on 140 MW green hydrogen project in Lower Austria, one of Europe’s largest electrolysis plants Production expected by end 2027 with an annual output of 23,000 tons of green hydrogen, supplying OMV´s Schwechat refinery Vienna/Schwechat, May 28, 2025 – Today, OMV officially inaugurated its flagship ReOil® and electrolyzer facilities at the Schwechat refinery near Vienna. The proprietary ReOil chemical recycling plant converts hard-to-recycle plastics into virgin-quality products, driving circularity and reducing environmental impact. The new 10 MW electrolyzer f...

APA Corporation Announces Appointment of Aneil Kochar as Vice President and Treasurer May 27, 2025 16:46 ET | Source: APA Corporation HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced that Aneil Kochar has been promoted to vice president and treasurer, effective May 22. Kochar will head APA's Treasury department, providing global oversight for the company's capital structure analysis, financing strategies, risk insurance, banking policies, and cash and liquidity management. The role of treasurer was previously held by Ben C. Rodgers who was recently promoted to chief financial officer. "I am pleased to welcome Aneil to APA's leadership team. He has vast financial experience in the oil and gas industry and has played a crucial role in APA's financial strategies over the past five years, driving value creation and improving cash management. Aneil will be a strong addition to our executive team," said Ben C. Rodgers, APA'...

Radiant closes $165 Million Series C with additional funding from Giant Ventures, StepStone, ARK Venture Fund, and others Posted on May 28, 2025 in Funding Venture Capital Series C  Total funding reaches $225 million ahead of next year’s historic reactor test EL SEGUNDO, CA — May 28, 2025 — Radiant, the pioneer in mass-produced portable nuclear microreactors, announced today the successful close of its $165 million Series C funding round, bringing the company’s total venture funding to $225 million. The latest round, led by DCVC, now includes new investments from StepStone, Giant Ventures, Hanwha Asset Management Venture Fund, SGA, Crossbeam Venture Partners, Align Ventures, ARK Venture Fund, Gigascale Capital, HartBeat Ventures, and Pax Ventures joining a growing roster of world-class investors backing Radiant’s mission. The funding announcement follows the news that the U.S. Department of Energy has selected Radiant as one of just five companies in the United States to receive hi...

Frontier Infrastructure Advances Power Platform with a Significant Turbine Technology Acquisition, $130 Million Senior Secured Equipment Supply Loan and Strategic Advisory Appointment News provided by Frontier Carbon Solutions May 29, 2025, 07:00 ET Tailwater-backed company accelerates deployment of low-carbon, behind-the-meter energy projects and bolsters leadership team amid rising industrial power demand DALLAS and NEW YORK, May 29, 2025 /PRNewswire/ -- Frontier Infrastructure Holdings ("Frontier" or the "Company"), a leading developer of low-carbon infrastructure across the Mountain West and Texas, today announced a series of strategic developments that reinforce its leadership in scalable power generation. These include the acquisition of 270 megawatts (MW) of gas turbines for behind-the-meter ("BTM") energy projects, the successful closing of a $130 million senior secured equipment supply loan to advance its power platform, and the appointment of vet...