Oil & Gas News

HOUSTON--(BUSINESS WIRE)--Fervo Energy announces the successful close of $421 million in non-recourse debt financing for their Cape Station geothermal development....

TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced today that its previously announced rights offering (the “Rights Offering”) was fully subscribed. The subscription period for the Rights Offering expired at 5:00 p.m., Eastern Time, on March 18, 2026. The Company received subscriptions for more than 100% of the secur...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Monumental Energy Corp. (“Monumental” or the “Company”) (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) is pleased to announce a better-than-anticipated, stable, unstimulated flow rate of 568 barrels per day of 38° API crude oil from the reworking of the Waihapa H1 well in New Zealand’s prolific onshore Taranaki Basin. The well was successfully brought back online using a low-cost perforation program across seven intervals, totaling six-metres and is located...

DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced it was awarded a position on the U.S. Missile Defense Agency’s Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity contract. With a ceiling of $151 billion, the contract encompasses a broad range of work areas that allow for the rapid delivery of innovative capabilities with increased speed and agility. “This award reinforces the trust that o...

CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale & Ebara Elliott Energy partner to examine the development, demonstration and field testing of an industrial scale steam compressor using NPMs...

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--All amounts are in U.S. Dollars unless otherwise indicated: 2025 HIGHLIGHTS Average production for 2025 was 4,013 BOEPD, an increase of 15% compared to 2024 production of 3,478 BOEPD. The increase is due to production from the wells that were drilled and completed in 2025 Net revenues for 2025 were $56.9 million, a decrease of 3% compared to 2024. This decrease was primarily due to a 16% decrease in average prices partially offset by a 15% increase in pro...

PARIS--(BUSINESS WIRE)--TotalEnergies has launched France’s first advanced plastics recycling plant, with an annual capacity of 15,000 tons, at its Grandpuits site southeast of Paris. This start-up marks another step in the conversion of the refinery into a zero-crude platform. A brand-new plastics recycling activity The new plant uses innovative recycling technology supplied by our partner Plastic Energy. It transforms hard-to-recycle plastic waste from French households, which is currently se...

HOUSTON--(BUSINESS WIRE)--Today, Hanwha Energy USA Holdings Corporation (HEUH), a subsidiary of Hanwha Energy, announced it entered into an agreement in mid-February to acquire a natural gas-fired power generation asset in Texas. This transaction represents another step in the company’s ongoing strategic expansion into power generation in the U.S. The proposed acquisition includes a 324-MW simple-cycle facility located in ERCOT’s West Zone. The transaction remains subject to customary closing c...

BALTIMORE--(BUSINESS WIRE)--Constellation and LS Power today announced an agreement under which Constellation will sell a portfolio of generation assets in PJM to LS Power....

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units...