Industry News
Industrial Data Labs Raises $1.5 Million in Seed Round to Drive Innovation in Industrial Sales Processes with Applied AI
Industrial Data Labs (IDL), a Houston-based startup specializing in Applied AI technology for the PVF industry, is pleased to announce the successful closing of its seed round, securing $1.5 million in funding. This significant investment propels the company's mission...
N2 Solutions Announces Complete Acquisition of PFS Nitrogen Services
N2 SOLUTIONS ANNOUNCES COMPLETE ACQUISITION OF PFS NITROGEN SERVICES Aug 1, 2023 N2 Solutions (N2S), a leading supplier of nitrogen services to the energy, industrial and pipeline industries, has announced the acquisition of PFS Nitrogen Services (PFS), a nitrogen...
BREAKING : Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering – Approx $1.1 Billion
Integration of Occidental’s operations experience and Carbon Engineering’s technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY)...
BREAKING: Energy Transfer to Acquire Crestwood in a $7.1 Billion All Equity Transaction
August 16, 2023 at 8:00 AM EDT Unit-for-unit, credit neutral bolt-on acquisition Expected to be immediately accretive to DCF per unit upon closing Extends Energy Transfer’s position in the value chain deeper into the Williston and Delaware basins Provides entry into...
BREAKING: July 24 – TC Energy Partners with Global Infrastructure Partners Through $5.2 Billion Sale of 40% Equity Interest in Columbia Gas and Columbia Gulf
"TC ENERGY PARTNERS WITH GLOBAL INFRASTRUCTURE PARTNERS THROUGH $5.2 BILLION SALE OF A 40 PER CENT EQUITY INTEREST IN COLUMBIA GAS AND COLUMBIA GULF Transaction significantly accelerates deleveraging and delivers key 2023 strategic priority Unlocks incremental value...
BREAKING: July 17 – Buckeye Partners Acquires Carbon Capture Company Elysian
Buckeye Partners Acquires Carbon Capture Company Elysian CCS Platform Accelerates Buckeye’s Lower-Carbon Solutions Strategy HOUSTON – July 17, 2023 – Buckeye Partners (“Buckeye”) today announced that it has acquired Elysian Carbon Management (“Elysian”) from EnCap...
BREAKING: A Transaction Valued at $4.9 Billion ExxonMobil Announces Acquisition of Denbury
ExxonMobil Announces Acquisition of Denbury Combined assets and capabilities further accelerate ExxonMobil’s Low Carbon Solutions business and create an even more compelling customer decarbonization proposition Leading CCS network underpins ExxonMobil’s commitment to...
July 11 New Project: Pinnacle Midstream II to Double the Processing Capacity of Dos Picos Natural Gas System and Processing Complex in the Midland Basin
PINNACLE MIDSTREAM II Pinnacle announces Final Investment Decision for Train II processing and nitrogen rejection facility for a total capacity of 440 MMcf/d, extending the company’s growing midstream services franchise in the Midland Basin Train II is anticipated to...
Breaking: July 12 – $18.4 Billion Financial Commitments- NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1
HOUSTON--(BUSINESS WIRE)--Jul. 12, 2023-- NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the Company’s 27 million...
$3.3 Billion Transaction: Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG
Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG DES MOINES, Iowa – July 10, 2023 – Berkshire Hathaway Energy today announced it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake in the Cove Point...