Oil & Gas News

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid honored for its powerful brand storytelling with three Telly Awards...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--SIXT USA, a subsidiary of Sixt SE, a global leader in premium mobility services, today announced the extension of its popular member-exclusive fuel offer through June 30, 2026. Originally launched in May to provide relief as gas prices climbed, the flat-rate $49.99 pre-paid fuel tank is available across all vehicles and all U.S. states for qualifying rentals — and with summer road trips and travel at their peak, SIXT ONE members can continue to lock in fu...

CALGARY, Alberta--(BUSINESS WIRE)--RWT Capital, a leading Canadian mid-market M&A firm, advised on the sale of Alberta oil and gas services provider H2Oil Energy to GFL Environmental....

BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation (Nasdaq: CEG) announced today the pricing of an underwritten public offering of an aggregate of 11,000,000 shares of its common stock (the “Offering”) by certain of its shareholders (the “Selling Shareholders”) at a price to the public of $281.00 per share. Constellation is not selling any shares of common stock in the Offering and will not receive any proceeds from any sale of shares by the Selling Shareholders. The Offering is expec...

HOUSTON--(BUSINESS WIRE)--Post Oak Energy Capital, LP (“Post Oak”) today announced the sale of Switchgrass E&P Holdco, LLC (“Switchgrass”), an oil and gas operator focused primarily on Oklahoma’s SCOOP play. During Post Oak’s partnership with the company, Switchgrass assembled a significant producing position in the SCOOP and built a substantial inventory of future drilling opportunities, creating meaningful value through strategic acquisitions and efficient operations. “We have greatly enj...

ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global, Inc. Announces Proposed Offering of $2.25 Billion of Senior Secured Notes...

HOLLYWOOD, Fla.--(BUSINESS WIRE)--TIC Solutions, Inc. (NYSE: TIC) (the “Company” or “TIC Solutions”), a leading provider of tech-enabled asset integrity, engineering, and geospatial services, today announced that it has successfully completed the repricing of its approximately $1.6 billion First Lien Term Loan. The First Lien Term Loan was repriced at SOFR + 250 basis points, representing a 25 basis point reduction in the applicable margin. The term loan maturity date of July 30, 2031, and all...

PLANO, Texas--(BUSINESS WIRE)--United Energy Corporation (“United” or the “Company”) today announced the acquisition of Alkane Modus Vis Inc and subsequent purchase of assets from Alkane Midstream (collectively, the “Alkane Acquisition”) in a transaction valued at approximately $31 million, consisting of cash, assumed debt, seller financing, and equity consideration. The transaction carries an effective date of April 30, 2026. The acquisition includes a fully operational 100,000 gpd LNG product...

WOKING, England--(BUSINESS WIRE)--Linde (Nasdaq: LIN) has published its 2025 Sustainable Development Report, highlighting measurable progress against its sustainability commitments and the growing impact of its technologies in supporting customers’ decarbonization efforts. In 2025, Linde reduced absolute greenhouse gas emissions by 10% versus its 2021 baseline and increased the share of electricity from low-carbon and renewable sources to 50%, advancing toward its 2035 emissions reduction targe...

SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG.OL”), the world’s leading owner and operator of LPG vessels, announces that it has signed a contract for the construction of eight 90’cbm Panamax Very Large Gas Carriers (VLGCs), for a total consideration of about US$940 million, subject to the final technical specifications. The newbuildings are expected to be delivered sequentially from the start of 2029 until the second quarter of 2030. “This newbuil...