The state-backed facility will share costs for exploration drilling.

US to inject $150m funding in oil and natural gas industry recovery efforts

The U.S. Department of Energy’s (DOE) Hydrocarbons and Geothermal Energy Office (HGEO) has announced up to $150 million in federal funding f

California commits to funding geothermal cost-share program essential to driving project deployment

This week, Governor Gavin Newsom signed a budget agreement that includes targeted funding for geothermal exploratory wells, which are essent

Plant & Equipment secures asset-backed funding to boost auction division

The capital will be deployed into high-quality, physically inspected construction, lifting equipment

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan to invest $1.13bln in LNG firm MidOcean Energy

The Private Department and energy investment firm EIG have also established a partnership to focus on capital aggregation across the UAE and

Victory Investing $50 Million Into New Facility

Interior Department Cuts Oil Drilling Bond Requirement by 95% to $25,000

The US Department of Interior is slashing the bonds oil and natural gas companies must provide when drilling on federal land by 95% in a mov