Author: Chris Mathews

Several energy and oil field services companies saw big boosts in market cap and stock price in 2022.

Oxy’s first direct air capture project for CO2 removal is under construction in West Texas.

The sweetened deal comes after Phillips 66 made an offer for DCP Midstream’s publicly held units last summer.

Chevron is deepening its footprint in renewable fuels, like renewable natural gas.

CenterPoint announced new promotions and changes in multiple business segments Jan. 3.

Targa expects to raise $1.75 billion in debt funding through an underwritten public offering, part of which will be used to purchase the remaining 25% stake in the Grand Prix NGL Pipeline for $1.05 billion.

Cactus President and CEO Scott Bender said the company sees FlexSteel’s products as complementary to its existing business selling wellhead and pressure control equipment to oil and gas customers.

Targa owns a 75% stake in the pipeline system, which carries NGLs from the Permian Basin, North Texas and Oklahoma to the company’s Mont Belvieu complex.

Freeport LNG’s liquefaction terminal, one of the largest of its kind in the world, has been idled since an explosion in June, dampening U.S. LNG exports.

Par Pacific’s new president will oversee the company’s operations in refining, retail, logistics and renewable fuels.