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Showing posts from February, 2026

SM ENERGY ANNOUNCES AGREEMENT TO SELL $950 MILLION IN ASSETS

SM ENERGY ANNOUNCES AGREEMENT TO SELL $950 MILLION IN ASSETS News provided by  SM Energy Company Feb 18, 2026, 08:00 ET Proceeds to accelerate deleveraging and strengthen balance sheet DENVER, Feb. 18, 2026 /PRNewswire/ -- SM Energy Company (NYSE: SM ) today announced that it has entered into an agreement to sell certain South Texas assets to Caturus Energy, LLC for a cash purchase price of $950 million (the "Transaction"), subject to customary adjustments. "This timely asset sale largely accomplishes one of our key priorities of selling more than $1.0 billion in assets, which will enable us to reduce debt and strengthen our capital structure," said President and CEO Beth McDonald. "We are excited about the impact this divestiture has on our balance sheet and look forward to sharing our updated return‑of‑capital program when we report earnings next week." SM Energy has agreed to sell approximately 61,000 net acres and approximately 260 producing wells in i...

Ovintiv Announces Agreement to Sell its Anadarko Assets

Ovintiv Announces Agreement to Sell its Anadarko Assets DENVER, Feb. 17, 2026 /CNW/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. The sale includes approximately 360 thousand net acres, which represents substantially all of the company's acreage in the play. Month to date production in February is approximately 90 thousand barrels of oil equivalent per day including approximately 27 thousand barrels per day of oil and condensate, approximately 240 million cubic feet per day of natural gas and approximately 23 thousand barrels per day of natural gas liquids ("NGLs"). "This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target, and unlocking increased returns to our shareholders," said Brendan McCracken, Ovin...

Opportune LLP Acquires Pickering Energy Partners’ Consulting & Advocacy Practice

Opportune LLP Acquires Pickering Energy Partners’ Consulting & Advocacy Practice Feb 13, 2026 11:31 AM Eastern Standard Time HOUSTON--( BUSINESS WIRE )--Opportune LLP, a leading Houston, TX-based global business advisory firm, has acquired the Consulting & Advocacy Practice of Pickering Energy Partners LP (“PEP”). Practice leader Dan Romito and his team will join Opportune to advise clients and lead the firm’s growing sustainability and energy expansion practices. "I am proud of what has been accomplished. I expect Dan Romito and his team will continue the momentum built here at PEP and we look forward to collaborating with Opportune on an ongoing basis,” said Dan Pickering.Share PEP Consulting & Advocacy built a reputation for assisting private companies, public issuers, and asset managers in addressing a critical challenge in today’s markets: ensuring the energy narrative reflects economic reality and balancing practical, value-accreting sustainability strategies wi...

JERA Announces Close of Haynesville Shale Gas Asset in Louisiana

JERA Announces Close of Haynesville Shale Gas Asset in Louisiana : Key Milestone in Expanded Commitment Across Louisiana TOKYO and HOUSTON , Feb. 12, 2026 /PRNewswire/ -- JERA Co. Inc., a global energy leader and Japan's largest power generation company, today announced that through its subsidiary JERA Americas Inc., it has closed on its previously announced agreement with Williams and GEP Haynesville II, LLC to acquire 100% of their respective interests in the South Mansfield upstream asset located in the Haynesville Shale basin in western Louisiana. The transaction, referred to as the Haynesville Acquisition, further expands JERA's investment footprint across Louisiana, which spans natural gas, LNG, renewables, advanced fuels, and carbon reduction technologies. Collectively, these investments represent billions of dollars in capital deployment to support job creation, expand local tax bases, and stimulate long‑term economic activity. Key Louisiana projects includ...

Verde Clean Fuels, Inc. Announces Suspension of Development of Permian Basin Project

Verde Clean Fuels, Inc. Announces Suspension of Development of Permian Basin Project Feb 6, 2026 4:15 PM Eastern Standard Time HOUSTON--( BUSINESS WIRE )-- Verde Clean Fuels , Inc. (NASDAQ: VGAS) (“Verde” or the “Company”) announced today the suspension of development of its Permian Basin project primarily as a result of changing market conditions driven by increasing demand for natural gas in the Permian Basin. In February 2024, the Company and Cottonmouth Ventures, LLC ("Cottonmouth"), a wholly-owned subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) entered into a joint development agreement (“JDA”) to develop a natural gas-to-gasoline plant in the Permian Basin utilizing Verde’s STG+® technology and associated natural gas from Diamondback’s operations (the “Permian Basin Project”). Following announcement of the JDA, the Company began development work on the Permian Basin Project, which included a front-end engineering and design (“FEED”) study that was...

Kodiak Gas Services to Acquire Distributed Power Solutions

Kodiak Gas Services to Acquire Distributed Power Solutions February 05, 2026 8:00 am EST THE WOODLANDS, Texas--(BUSINESS WIRE)-- Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that it entered into a definitive agreement to acquire Distributed Power Solutions, LLC (“DPS”), a leading provider of turnkey, scalable and highly-reliable distributed power solutions serving a diverse set of customers and end markets, in an equity and cash transaction valued at approximately $675 million (the “Acquisition”), subject to adjustment in accordance with the purchase agreement. The purchase price includes $575 million in cash, subject to adjustment in accordance with the purchase agreement, and the issuance of 2,401,278 shares, representing approximately $100 million of Kodiak common stock, to the sellers. Strategic Rationale and Transaction Highlights: Premium Generation Fleet: DPS’s fleet consists of approximately 384 MW of state-of-the-art distributed power gener...

Granite Ridge Resources, Inc. Appoints Kyle Kettler as Chief Financial Officer

Granite Ridge Resources, Inc. Appoints Kyle Kettler as Chief Financial Officer Feb 5, 2026 4:08 PM Eastern Standard Time DALLAS--( BUSINESS WIRE )--Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced the appointment of Kyle Kettler as Chief Financial Officer, effective February 9, 2026. Mr. Kettler brings over 25 years of experience across energy finance and capital markets, with deep expertise in financing oil and gas companies in the public and private markets. He will be responsible for overseeing Granite Ridge’s financial operations and will play a significant leadership role in guiding the Company’s financial and business strategy to support the Company’s long-term growth objectives while enhancing shareholder value. “I am thrilled to welcome Kyle to Granite Ridge, as this appointment underscores our commitment to maintaining a best-in-class leadership team that drives value for all of our stakeholders,” said Granite Ridge President and C...

Natura Resources Partners with NGL Energy Partners to Enable Large-Scale Produced Water Treatment with Small Modular Nuclear Reactors in the Permian Basin

Natura Resources Partners with NGL Energy Partners to Enable Large-Scale Produced Water Treatment with Small Modular Nuclear Reactors in the Permian Basin News provided by  Natura Resources Feb 03, 2026, 07:38 ET Natura's 100-megawatt, molten-salt reactor design offers an ideal option for power production and produced water treatment, providing solutions for critical problems in Texas and other energy producing states Agreement to pursue pairing Natura's MSR-100 reactor with desalination technology to create large-scale produced water treatment opportunities ABILENE, Texas, Feb. 3, 2026 /PRNewswire/ -- Natura Resources LLC (Natura), a leading developer of advanced molten-salt nuclear reactors, has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NYSE: NGL ), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. N...

DG Matrix and Exowatt Form Strategic Partnership to Deliver Gigawatt-Scale, Dispatchable Power for the AI Era

DG Matrix and Exowatt Form Strategic Partnership to Deliver Gigawatt-Scale, Dispatchable Power for the AI Era Feb 4, 2026 9:00 AM Eastern Standard Time Partnership integrates DG Matrix’s solid-state transformer technology into Exowatt’s P3 platform, accelerating the rollout of renewable energy for hyperscale data centers. RALEIGH, N.C. & DURHAM, N.C. & MIAMI--( BUSINESS WIRE )--DG Matrix, the global leader in solid-state transformer (SST) solutions, and Exowatt, the next-generation renewable energy company delivering dispatchable solar for the AI era, today announced a strategic partnership to deploy integrated, behind-the-meter power systems targeting gigawatt-scale (GW-scale) infrastructure buildouts. “To stay competitive in the AI era, the industry needs reliable, clean megawatts at speed,” said Hannan Happi, CEO of Exowatt. “DG Matrix’s Power Router provides the flexible, power-first foundation we need to scale our operations."Share As part of the collaboration, Exowa...

Copenhagen Infrastructure Partners acquires Ørsted’s European onshore business

Copenhagen Infrastructure Partners acquires Ørsted’s European onshore business The acquisition marks a significant milestone for its fifth flagship fund, CI V, managed by Copenhagen Infrastructure Partners, as it further strengthens its European portfolio and its position as a leading fund within energy infrastructure and onshore renewables February 03, 2026 02:00 ET | Source: Copenhagen Infrastructure Partners COPENHAGEN, Denmark, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), has agreed to acquire Ørsted’s European onshore business with over 800 MW in operation and under construction plus a multi‑gigawatt development pipeline across Ireland, the UK, Germany and Spain. The acquisition adds a fully integrated, multi-technology onshore business to CI V, which will allow CIP to accelerate renewable energy deployment across Europe. The acquired development and operational capabilities – comb...

Ring Energy Announces Sonu Johl Named New Chief Financial Officer

Ring Energy Announces Sonu Johl Named New Chief Financial Officer February 03, 2026 16:45 ET | Source: Ring Energy, Inc. THE WOODLANDS, Texas, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that Mr. Sundip (“Sonu”) Singh Johl will be joining the Company as its Executive Vice President, Chief Financial Officer and Treasurer effective February 27, 2026. Mr. Johl brings more than 20 years of experience across upstream oil and gas investment banking, corporate finance, and strategic advisory roles, with deep expertise in mergers and acquisitions, capital markets, valuation, and financial strategy. From 2020 through January 2026, Mr. Johl was Managing Director, Co-Head of Energy Investment Banking at Raymond James & Associates, Inc., where he advised public and private E&P companies doing business in the Permian Basin as well as other major U.S. onshore basins. From 2018 to 2020, Mr. Johl was Managing Director, Co-...

Voltus and Octopus Energy US Launch Partnership to Scale Demand Flexibility

Voltus and Octopus Energy US Launch Partnership to Scale Demand Flexibility Published Feb 3, 2026 Voltus and Octopus Energy partner to deliver flexible capacity for fast-growing U.S. data centre demand Voltus and Octopus Energy partner to deliver flexible capacity for fast-growing U.S. data centre demand. The partnership delivers Flexibility-as-a-Service and Bring Your Own Capacity solutions to help data centres, utilities, and grid operators manage accelerating AI-driven load growth. SAN FRANCISCO and LONDON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Voltus, Inc. (“Voltus”), the leading virtual power plant (VPP) operator and distributed energy resource (DER) platform, and Octopus Energy, a global energy technology company, today announced a partnership to scale load flexibility across the United States. The partnership will leverage Voltus’s load flexibility platform and customer base and Octopus Energy’s consumer engagement and optimization technology to build portfolios of flexible capacity...

Siemens Energy is investing $1 billion and creating highly skilled jobs in the United States

Siemens Energy is investing $1 billion and creating highly skilled jobs in the United States February 3, 2026 New York Siemens Energy is scaling up its U.S. production for grid and gas turbine equipment to support strong growth in the U.S. market The investments announced total $1 billion; Siemens Energy will create more than 1,500 highly skilled jobs in the U.S. As part of the workforce increase, Siemens Energy will also expand its apprenticeship program and promote training throughout the energy Industry Expansions are planned across North Carolina, Alabama, New York, Texas and Florida; in addition, a new switchgear plant will be built in Mississippi Siemens Energy’s targeted site expansions and one greenfield project are the most efficient use of manufacturing capacity to meet market demand Siemens Energy has finalized the investment plans presented at its Capital Market Day in Charlotte (North Carolina) last November: The company is investing $1 billion to ramp-up manufacturing in ...

Xcel Energy and GE Vernova Announce Strategic Alliance Agreement to Advance the Future of Energy

Xcel Energy and GE Vernova Announce Strategic Alliance Agreement to Advance the Future of Energy Reservation Agreement for five, GE Vernova F-class gas turbines Capacity Reservation Agreement to utilize multiple gigawatts of GE Vernova wind turbines in future projects Additionally, the companies are collaborating on several grid equipment opportunities that build on a critical order for grid systems, including synchronous condenser technology, in 2025. MINNEAPOLIS (Feb. 3, 2026) — Xcel Energy (NASDAQ: XEL) and GE Vernova, (NYSE: GEV) today announced the signing of a landmark Strategic Alliance Agreement (SAA) aimed at strengthening their long-standing collaboration and advancing a shared vision for a reliable, affordable, and sustainable energy future. The agreement is designed to support Xcel Energy's generation and grid projects well into the 2030s, leveraging the breadth of GE Vernova's portfolio of equipment and services. The collaboration will focus on delivering key benef...

TeraWulf Expands Digital and Power Infrastructure Portfolio with Strategic Acquisitions in Kentucky and Maryland

TeraWulf Expands Digital and Power Infrastructure Portfolio with Strategic Acquisitions in Kentucky and Maryland February 2, 2026 • 4:05 PM EST Acquisitions add 1.5 GW of load capacity, expanding energy-advantaged portfolio with on-site power generation TeraWulf’s platform more than doubles to 2.8 GW across five sites, supporting 250 – 500 MW of targeted new contracted capacity annually EASTON, Md., Feb. 02, 2026 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated digital infrastructure, today announced the expansion of its digital and power infrastructure portfolio through the acquisition of two strategically located brownfield infrastructure sites in Hawesville, Kentucky and Charles County, Maryland. Together, these acquisitions add approximately 1.5 gigawatts (GW) of capacity to TeraWulf’s portfolio and advance the Company’s strategy of developing energy-advantaged locations with near-term power availa...

Avalanche Energy Raises $29 Million Following Plasma Physics Breakthroughs

Avalanche Energy Raises $29 Million Following Plasma Physics Breakthroughs News provided by  Avalanche Energy Feb 03, 2026, 06:00 ET Capital enables full private match for Washington State Green Jobs grant and supports buildout of Avalanche's commercial FusionWERX test facility SEATTLE, Feb. 3, 2026 /PRNewswire/ -- Avalanche Energy , a fusion energy startup developing modular compact fusion machines, today announced $29 million in new funding led by RA Capital Management. New investors include 8090 Industries, Overlay Capital, and others, with full participation from existing investors Congruent Ventures, Founders Fund, Lowercarbon Capital, and Toyota Ventures, demonstrating increased confidence in Avalanche's technical progress and commercial roadmap. The funding reflects significant recent advances in the performance of Avalanche's compact fusion technology and provides the private matching funds for Avalanche's $10M grant issued in July 2025 by the Washington State ...