Industry News
Crescent Energy Announces Offering of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A...
Crescent Energy Announces Complementary Central Eagle Ford Bolt-On
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of $168 million, subject to customary...
Khaled bin Mohamed bin Zayed Witnesses Signing Ceremony for ADNOC and ExxonMobil Partnering in World’s Largest Low-Carbon Hydrogen Facility
ADNOC to acquire a 35% equity stake in Baytown, Texas, project that will produce virtually carbon-free hydrogen The strategic investment will support both companies’ net zero ambitions, accelerate decarbonization of hard-to-abate sectors, and meet rising demand for...
TPG Rise Climate Acquires MIRATECH, Leader in Industrial Aftermarket Emissions Reduction Technology
Addressing the emissions challenge of growing power demand from increasing data center usageSAN FRANCISCO & TULSA, Okla.--(BUSINESS WIRE)--TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, today announced that it...
DXP Enterprises, Inc. Announces Acquisition of Hartwell Environmental Corporation
Furthers and continues to scale DXP’s National Water & Wastewater efforts Establishes presence in Texas and Oklahoma Attractive Margins and Cash Flow HOUSTON--(BUSINESS WIRE)--#DXPWater--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed...
Edgewater Midstream to Acquire Refined Products Logistics Footprint in the Houston Refining Corridor From Shell
HOUSTON--(BUSINESS WIRE)--Edgewater Midstream LLC (“Edgewater”), a portfolio company of EnCap Flatrock Midstream, announced today that it has entered into agreements with certain subsidiaries of Shell USA, Inc. (“Shell”) to acquire the Sinco Pipeline system and the...
Iveda’s VumastAR AI Software Will Recognize Oil Spills for Safety Applications with Major Oil Companies in Australia and the US
MESA, Ariz.--(BUSINESS WIRE)--Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announces the commencement of applying its AI vision software, vumastAR, to recognize and respond to oil spills. VumastAR (pronounced “view master”) is an innovative, AI...
US Foods, Feeding America® to Shape the Future of Food Access With Expansion of Innovative Direct to Neighbor Locker Project
In Honor of Hunger Action Month®, US Foods Donates $750,000 To Expand Feeding America®’s Direct to Neighbor Locker Project into Seven Communities Across the CountryROSEMONT, Ill.--(BUSINESS WIRE)--#USFoods--US Foods Holding Corp. (NYSE: USFD), one of America’s largest...
Dril-Quip Urges Stockholders to Vote “FOR” Merger with Innovex TODAY
Transaction is immediately and significantly accretive on all core metrics to Dril-Quip stockholders and will materially enhance Dril-Quip’s strategic positioning Dril-Quip Board unanimously recommends stockholders vote “FOR” transaction at the special meeting on...
NuVista Energy Ltd. Announces President & CEO Retirement and Succession
CALGARY, Alberta, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of NuVista Energy Ltd. ("NuVista" or the "Company") (TSX: NVA) today announces that Jonathan Wright will retire as Chief Executive Officer of the Company effective December 31, 2024, and Mike...