In a significant development within the UK’s energy sector, Kistos plc, known for its commitment to low carbon intensity hydrocarbon production, has announced the acquisition of EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited for a total consideration of £25 million. This strategic transaction includes two key gas storage facilities, Hill Top […]
Trinity Gas Storage, LLC has successfully secured a staggering $189 million for the groundbreaking of its natural gas storage facility in East Texas. The funding comes through an equity partnership with Transition Equity Partners, LLC (“TEP”), and a debt financing round led by Investec. The financial boost promises to be a game-changer for energy security […]
Centrica offshore UK Ltd (COUK) has secured gas storage licence from the North Sea Transition Authority (NSTA) for the Rough site in the Southern North Sea. The award of the gas storage licence, located off the East Coast of England, enables Centrica offshore UK to move ahead with pursuing further regulatory approvals that are needed […]