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Approx $90 Billion: Aramco announces 34 MoUs and agreements with US companies

Approx $90 Billion: Aramco announces 34 MoUs and agreements with US companies

by Efrain Garcia | May 26, 2025 | Downstream News

MoUs and agreements with a potential value approximately worth $90 billion MoUs and agreements aim to further advance Aramco’s long-term strategy, maximize shareholder value, and build on longstanding relationship with US companies Collaborations intend to foster...
$1.9B Acquisition: Vistra to Acquire Natural Gas Assets, Building on Industry-Leading Generation Portfolio to Better Serve Customers

$1.9B Acquisition: Vistra to Acquire Natural Gas Assets, Building on Industry-Leading Generation Portfolio to Better Serve Customers

by Efrain Garcia | May 19, 2025 | Downstream News

Transaction includes approximately 2,600 megawatts of modern natural gas generation assets at an attractive price of approximately $743/kW of capacity. Acquisition is expected to deliver Ongoing Operations AFCFbG1 accretion in year one following closing. Reiterating...
Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply

Marubeni and ExxonMobil’s low-carbon ammonia deal marks major step in unleashing new energy supply

by Efrain Garcia | May 10, 2025 | Downstream News

This Article Brought to You By: Alterrus Turn Key Helical Pile Experts ExxonMobil will supply approximately 250,000 tonnes of low-carbon ammonia annually on a long-term basis to Marubeni. The deal will drive new energy supply, support jobs, and strengthen U.S. and...
Venture Global Announces Closing of $3,000,000,000 Bank Loan Facility for CP2

Venture Global Announces Closing of $3,000,000,000 Bank Loan Facility for CP2

by Efrain Garcia | May 2, 2025 | Downstream News

This Article Brought to You By: Bron & Claude Announcement follows recent $2.5 billion Plaquemines bond transaction, bringing total capital markets transactions to $5.5 Billion in the last two weeks Arlington, Va. — Venture Global, Inc. (“Venture Global”)...
Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project

Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project

by Efrain Garcia | Apr 26, 2025 | Downstream News

This Article Brought to you By: Bron & Claude Helicals ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpine’s natural gas power generation facility. Calpine plans to produce ~500 megawatts of reliable low-carbon electricity,...
ExxonMobil to Invest $100M in Baton Rouge Complex to Support U.S. Chip Manufacturing

ExxonMobil to Invest $100M in Baton Rouge Complex to Support U.S. Chip Manufacturing

by Efrain Garcia | Apr 17, 2025 | Downstream News

This Article Brought to you by: ExxonMobil has announced a $100 million investment in its Baton Rouge chemical facility to enhance production of ultra-high purity isopropyl alcohol (IPA), a critical chemical for U.S. semiconductor manufacturing. The project will focus...
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