Tag: Oil and Gas

DNOW INC
United States

DNOW Announces Acquisition of Trojan Rentals, LLC

Press Release – November 26, 2024 – HOUSTON – DNOW Inc. (NYSE: DNOW) announced it has completed its all-cash acquisition of Trojan Rentals, LLC (“Trojan”), a leading provider of pump rentals, automation technology and sales of layflat hose and other associated equipment to support customers’ water sourcing, transfer, recycling and treatment requirements. David Cherechinsky, President and CEO of DNOW noted, “Trojan’s reputation for a customer-first … Continue reading DNOW Announces Acquisition of Trojan Rentals, LLC

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conocophillips
United States

ConocoPhillips completes acquisition of Marathon Oil Corporation

Press Release – November 22, 2024 HOUSTON–(BUSINESS WIRE)–ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework”Post this “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, … Continue reading ConocoPhillips completes acquisition of Marathon Oil Corporation

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New Fortress Energy
United States

New Fortress Energy Provides Update on its Initial FLNG Asset

October 25, 2024 – NEW YORK – New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its initial Fast LNG unit has completed its third cargo loading today. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE’s operation in Puerto Rico. The unit is producing at or above its nameplate capacity of 1.4 … Continue reading New Fortress Energy Provides Update on its Initial FLNG Asset

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Blockchain for Energy
United States

Exceed Geo Energy Adopts B4ECarbon to Transform Environmental Claims Management and Unlock Carbon Monetization

October 22, 2024 – HOUSTON – Blockchain for Energy (B4E) is excited to announce that Exceed Geo Energy has adopted the groundbreaking B4ECarbon platform, as part of a strategic power purchase agreement with a major Texas utility company. By embracing B4ECarbon technology, Exceed Geo Energy is revolutionizing how it manages carbon-negative geothermal power generation, while setting a new standard for environmental claims management and carbon credit monetization. “We are thrilled to see Exceed Geo Energy … Continue reading Exceed Geo Energy Adopts B4ECarbon to Transform Environmental Claims Management and Unlock Carbon Monetization

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New Fortress Energy
United States

New Fortress Energy Names Andrew Dete President

NEW YORK – New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its board of directors has agreed to appoint Andrew Dete, Managing Director, to the role of President of NFE, joining the senior management team of Chairman and CEO Wes Edens, General Counsel Cameron MacDougall and Chief Financial Officer Chris Guinta. “Andrew has been fundamental to NFE’s commercial … Continue reading New Fortress Energy Names Andrew Dete President

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greenpeace
Europe

Greenpeace comment on the International Energy Agency World Energy Outlook 2024

16 October 2024 – Press Release Paris, France – The International Energy Agency has released their latest World Energy Outlook report today, affirming ​​global demand for oil, gas, and coal is on track to peak by the end of this decade and warning that failure to accelerate climate action now will put the world on course for a global average temperature rise of 2.4oC by … Continue reading Greenpeace comment on the International Energy Agency World Energy Outlook 2024

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Forum Energy Technologies
United States

Forum Energy Technologies Announces $100 Million Bond Issuance

October 14, 2024 – HOUSTON – Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today the commencement of a backstopped private offering of USD $100.0 million aggregate principal amount of 5-year senior secured bonds (the “Offering”). FET intends to use the net proceeds from the Offering, together with cash on hand, to redeem in full all outstanding 9.000% Convertible Senior Secured Notes due 2025 (the … Continue reading Forum Energy Technologies Announces $100 Million Bond Issuance

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ATLAS ENERGY SOLUTIONS INC
United States

Atlas Energy Solutions Announces Commissioning of the Dune Express and Provides Third Quarter 2024 Operational Update

October 10, 2024 – AUSTIN, Texas – Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas” or the “Company”) today announced that the commissioning of the Dune Express, a 42-mile long, fully electric conveyor system that is expected to transform proppant logistics in the Permian Basin, began early this week. The system remains on-time and on-budget with the commercial transportation of proppant into the Delaware Basin scheduled … Continue reading Atlas Energy Solutions Announces Commissioning of the Dune Express and Provides Third Quarter 2024 Operational Update

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