Author: Naomi Klinge

Former CenterPoint CEO David Lesar will become CEO of Superior, an oil field services company, three years after it emerged from bankruptcy.

Houston-based Sage Geosystems’ “first-of-its-kind” energy storage project will buy and sell electricity from the Electric Reliability Council of Texas.

While a Space Act Agreement is a pretty common deal between NASA and universities and contractors, it’s unusual for major oil and gas companies.

The market is currently more in favor of private equity firms, as there are fewer sources of private capital that are specifically focused on upstream.

NRG Energy acquired Airtron in 2021 as part of its $3.6 billion acquisition of Direct Energy.

When Chevron relocates, it will mark the fourth Fortune 500 company to make the Houston area its headquarters since 2020.

A court has removed authorizations for two NextDecade’s and Glenfarne Energy Transition’s liquefied natural gas projects that are in development.

Cheniere will sell LNG to Galp Trading SA — provided the company reaches a final investment decision on its latest expansion project.

Bechtel will work on the next part of Rio Grande LNG, as long as NextDecade is able to reach a final investment decision by the end of the year.

CenterPoint has issued a new resiliency plan for the Houston area after withdrawing a $2.2 billion companywide plan last week.