This is your Hart Energy LIVE A&D Minute powered by the DUG Haynesville Conference next week in Shreveport.
Regulators have signed off on the mega-merger between Canadian Pacific Railway and Kansas City Southern. The $27 billion acquisition of KCS will create a rail network stretching from the Canadian oil sands into Mexico, with the deal to close as early as April 14. You'll never guess who said the deal may actually enhance the safety of crude by rail.
A solar company buying the century-old Minerva-Rockdale oil field? That's what all-of-the-above energy company Principal Solar is after, announcing its intent to buy up the historic field in Milam County, Texas, and acquire nearly 11,000 gross acres and 936 total production and disposal wells.
New Fortress Energy divested its interest in a floating liquefaction facility in a deal with Golar LNG to sell its minority stake in the floating LNG facility for a hundred million in cash and the return of 4.1 million NFE shares, allowing New Fortress to focus solely on its own floating LNG portfolio.
That’s your Hart Energy LIVE A&D Minute powered by the SUPERDUG conference and exhibition May 22nd through the 24th in Fort Worth. Watch new A&D Minute episodes every Wednesday, and sign up for our A&D Watch newsletter at hartenergy.com/deals.
Recommended Reading
Energy Transition in Motion (Week of May 10, 2024)
2024-05-10 - Here is a look at some of this week’s renewable energy news, including $1.5 billion in investment commitments for low-carbon energy initiatives.
Energy Transition in Motion (Week of April 26, 2024)
2024-04-26 - Here is a look at some of this week’s renewable energy news, including the close of a $1.4 billion decarbonization-focused investment fund.
Could Concentrated Solar Power Be an Energy Storage Gamechanger?
2024-03-27 - Vast Energy CEO Craig Wood shares insight on concentrated solar power and its role in energy storage and green fuels.
Energy Transition in Motion (Week of May 17, 2024)
2024-05-17 - Here is a look at some of this week’s renewable energy news, including more moves by the U.S. to strengthen and protect the U.S. solar panel manufacturing sector from China.
Energy Transition in Motion (Week of April 12, 2024)
2024-04-12 - Here is a look at some of this week’s renewable energy news, including a renewable energy milestone for the U.S.