Thursday, August 6, 2026
XRG expands Rio Grande LNG stake, now invested across all five trains- oil and gas 360

XRG expands Rio Grande LNG stake, now invested across all five trains

(World Oil) – XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, expanding its ownership across all five liquefaction trains currently under construction at the export facility. The company acquired an additional 7.6% equity interest in Trains 4 and 5 from an acquisition vehicle of Global Infrastructure Partners (GIP), part

BlackRock, EQT to acquire AES Corp. in $33.4B deal- oil and gas 360

BlackRock, EQT to acquire AES Corp. in $33.4B deal

(Oil Price) – A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp. (NYSE:EQT) have agreed to acquire global power utility, AES Corp. (NYSE:AES), for $15 per share in cash, totaling an enterprise value of approximately $33.4 billion. The deal, which includes major pension and investment funds, represents a ~40% premium for AES shares and includes the assumption of debt with a

NextDecade secures $3 billion funding from TotalEnergies, GIP for Rio Grande LNG project- oil and gas 360

NextDecade secures $3 billion funding from TotalEnergies, GIP for Rio Grande LNG project

(BOE Report)– U.S. liquefied natural gas developer NextDecade said on Monday it will receive up to $3 billion in equity commitments from TotalEnergies and Global Infrastructure Partners (GIP) to finance the fourth liquefaction train at its Rio Grande LNG export project in Texas. TotalEnergies will contribute about $300 million for a 10% stake in the Train 4 joint venture, while a

Eni in talks to sell 49.99% stake in carbon capture business to GIP- oil and gas 360

Eni in talks to sell 49.99% stake in carbon capture business to GIP

Publisher’s Note: Eni SpA will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown,  August 17-20, 2025.  Register to attend. (World Oil) – Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business. Eni CCUS Holdings