EIA forecasts prices will fall to an average of $66/b in 2026 mainly because of growing production in countries outside OPEC+ and demand growth that is less than the pre-pandemic average. Read More
Diversified Energy announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG for total consideration of approximately $1.35 billion. Read More
Lightsource bp has completed the 187-megawatt Peacock Solar project, a solar farm, located north of Corpus Christi, in San Patricio County, Texas, that will provide power directly to Gulf Coast Growth Ventures' nearby manufacturing complex. Read More
First oil at the Future Growth Project is the latest in a series of development milestones, including in the Gulf of Mexico and the Permian, that are expected to significantly increase free cash flow to the company. Read More
Shell Energy North America, L.P., has completed the previously announced 100% equity stake acquisition of RISEC Holdings which owns a 609-megawatt two-unit combined-cycle gas turbine power plant in Rhode Island. Read More
