Summit Midstream has raised $42 million through an equity deal with Tailwater Capital, strengthening its balance sheet and funding growth projects.
Cheniere Energy will appoint CEO Jack Fusco as chairman following the retirement of longtime board leader Andrea Botta, marking a leadership shift at the U.S. LNG exporter.
Polar LNG has launched with plans to advance a nearshore LNG project on Alaska’s North Slope, targeting faster access to Asian markets.
Abu Dhabi’s 2PointZero is acquiring Traverse Midstream in a $2.3 billion deal, expanding its stake in U.S. gas pipelines tied to Marcellus and Utica production.
Tallgrass has named Crystal Heter as CEO, marking a leadership transition as the company realigns executive roles to support future growth.
The Pipe Line Contractors Association has appointed Drew Crandall to a new market development role focused on expanding industry partnerships and contractor engagement.
Boardwalk Pipelines will acquire Spire Marketing for $215 million, expanding gas marketing capabilities as Spire refocuses on regulated utility operations.
Woodside has appointed Liz Westcott as CEO, elevating the acting chief to lead the company’s global portfolio, including key LNG and Australian operations.
Gulfport Energy announced that CEO John Reinhart has stepped down effective immediately, with the company forming an interim leadership team while it searches for a new chief executive.
CRC Evans plans to build a 90,000-sq-ft welding and coating facility in Burnley, England, aimed at supporting pipeline and energy infrastructure projects across global markets.
Hess Midstream has announced a $60 million share and unit repurchase, including equity purchases from Chevron and public shareholders, as part of its strategy to boost distributable cash flow and shareholder returns.
ITT has completed its $4.775 billion acquisition of SPX FLOW, expanding its engineered flow technologies portfolio serving industrial and energy markets. The deal boosts recurring aftermarket exposure and supports ITT’s long-term portfolio transformation strategy.
EQT Corp. raised its natural gas production outlook and outlined $580–$640 million in infrastructure investments, including the Clarington Connector pipeline, after higher gas prices and LNG-driven demand boosted fourth-quarter profit.
TC Energy beat fourth-quarter profit estimates as North American natural gas flows hit record levels and LNG deliveries surged 21%, underscoring growing pipeline demand from export terminals and power markets.
ConocoPhillips is tightening capital and operating spending after missing fourth-quarter profit estimates, as weaker oil prices pressure earnings across the sector. The company outlined its cost-cutting plan alongside production and shareholder return targets.
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