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Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

by Efrain Garcia | Mar 22, 2026 | Upstream News

Financing establishes the bankability of Enhanced Geothermal Systems (EGS) and underscores the commercial maturity of Cape Station Coordinating Lead Arrangers include Barclays, BBVA, HSBC, MUFG, RBC, and Société Générale, with participation from Bank of America, J.P....
Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale

Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale

by Efrain Garcia | Mar 20, 2026 | Upstream News

This article is brought to you by: K+B Industries, leaders in delivering premium threading and machining in the oil and gas industry. The Department of the Interior held a landmark oil and gas lease sale today for the National Petroleum Reserve in Alaska, resulting in...
ExxonMobil Board unanimously recommends redomiciling the company from New Jersey to Texas

ExxonMobil Board unanimously recommends redomiciling the company from New Jersey to Texas

by Efrain Garcia | Mar 11, 2026 | Upstream News

SPRING, Texas – Exxon Mobil Corporation today announced its Board of Directors has unanimously recommended shareholders approve changing the company’s legal domicile from New Jersey to Texas. The Board concluded that aligning ExxonMobil’s legal domicile with where its...
Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million

Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million

by Efrain Garcia | Mar 6, 2026 | Upstream News

Optimizes portfolio, high grades capital allocation, lowers costs and enhances liquidity DALLAS–(BUSINESS WIRE)–Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has entered into an agreement to sell its 40.375% non-operating working interest in...
$3 Billion Sell: Ovintiv Announces Agreement to Sell its Anadarko Assets

$3 Billion Sell: Ovintiv Announces Agreement to Sell its Anadarko Assets

by Efrain Garcia | Feb 18, 2026 | Upstream News

DENVER, Feb. 17, 2026 /CNW/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for...
SM Energy Company today announced agreement to sell certain South Texas assets to Caturus Energy, LLC for $950 million

SM Energy Company today announced agreement to sell certain South Texas assets to Caturus Energy, LLC for $950 million

by Efrain Garcia | Feb 18, 2026 | Upstream News

Proceeds to accelerate deleveraging and strengthen balance sheet DENVER, Feb. 18, 2026 /PRNewswire/ — SM Energy Company (NYSE: SM) today announced that it has entered into an agreement to sell certain South Texas assets to Caturus Energy, LLC for a cash purchase...
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Recent Posts

  • Battalion Oil Closes Acquisition of Sundown Assets, Expands Monument Draw Position
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  • Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale
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