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ESG
Amid ESG Backlash, Vanguard Becomes First to Settle Texas-Led Antitrust Case

Vanguard will pay $29.5 million to settle a Texas-led antitrust case as anti-ESG backlash continues in the U.S. and managers retreat from climate initiatives.

Geothermal
Ormat’s Next-Gen Geothermal Strategy Hinges on Partnerships, Big Tech
Rig Counts
US Drillers Cut Oil, Gas Rigs for First Time in Six Weeks
Emerging Plays
Crescent to Join Oily Barnett Wildcatting in its New Permian Acreage

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Emerging Plays
Comstock Slashes 2-Mile Haynesville Wildcat D&C Tab to $32MM

Comstock Slashes 2-Mile Haynesville Wildcat D&C Tab to $32MM. The price is down from $42 million for initial holes in the super-deep, super-hot play north of Houston.

Upstream
Oxy Finding 59% Oil Weighting in Northern Midland Barnett—Analysis
Acquisitions and Divestitures (A&D)
SM Energy Markets Eagle Ford, Austin Chalk Assets After Civitas Deal—Sources
LNG
Cheniere Bets Big on Asian LNG Demand Through 2050
Acquisitions and Divestitures (A&D)
Permian Resources Holds $3B for Delaware Basin M&A as Divestitures Loom
Renewables
Shell Joins BP in Shrinking Low-Carbon Bets in Pivot Back to Fossil Fuels
Data Centers
Google Extends Data Center Expansion with Minnesota, Texas Clean Power Deals
Completions
Expand Energy Electrifies Appalachia Completions Amid E-Frac Buzz
Technology & Innovation
Marcellus Pioneer Zagorski Sees More Untapped Resource Potential in the Play
Geothermal
Google Bucks NatGas; Favors Renewable Energy for Data Centers
CCS/CCUS
New Lapis, Big River Resources CCS Project in Illinois Files for Class VI
Energy Market Transactions
Playground Capital Launches Nuclear Company Alva Energy with $33MM in Funding
Acquisitions and Divestitures (A&D)
Tidewater Buys Wilson’s Brazil Fleet for $500MM, Eyes Petrobras Upside
Crude Oil
What’s Affecting Oil Prices This Week? (Feb. 23, 2026)
Permitting
Belcher: Permitting Reform’s Key Weakness? Future Administrations