Trending News: Fraunhofer ISE Achieves 31.3% Solar-To-Hydrogen Efficiency With Innovative Direct Photovoltaic-Electrolysis TechnologyEU Ban on Chinese Inverters Could Disrupt 28 GW Solar Demand and 12% Energy Storage Deployments: Wood MackenzieLiquid hydrogen ship to sail between Oslo and Rotterdam under EU-backed projectRECPDCL Awards POWERGRID ISTS Project For 20 GW Renewable Energy Evacuation From RajasthanRajasthan Energy Excellence Awards 2026 Honours Leaders Driving the State’s Renewable Energy Growth  Indonesia and Singapore explore CCS and green industry potentialBrazil’s Clean Energy Ecosystem Enters a New Era Ahead of The smarter E South America 2026  Dinto Solar Signs 20 MW HJT Module Distribution Agreement in EgyptGujarat Tops 1H 2026 Solar Installations With 7.69 GW As India’s Total Solar PV Capacity Crosses 162 GWEAAIF Provides USD 30 Million Loan to Hassan Allam Utilities for 1 GW Solar and 660 MWh BESS Project in EgyptSri Lanka Clean Energy Week 2026 to Unite Industry Leaders Accelerating the Country’s Clean Energy Future  LONGi Begins Mass Production of ACM Solar Cells with 27.6% Certified Efficiency and 672 W Module OutputNTPC REL Invites Bids For 3-Year O&M Of 4 Pooling Substations At 4,750 MW Khavda Renewable Energy ParkCEA Issues Nationwide Electrical Safety Advisory Amid Rising Heatwave And Increased AC UsageE.ON Extends RWTH Aachen Partnership with €7.5 Million for Smart Grid and Energy Storage ResearchExplained: Virtual Power Plants (VPPs)—Connecting Solar, Storage and Smart Loads into One Intelligent Power PlantAmeren Energizes Knox County Connector Transmission Project, Upgrading 11 Miles of High-Voltage Lines in IllinoisEDF Power Solutions Signs 3 Landmark Agreements For 2,000 MW PHES, 500 MW Solar PV And 1,000 MW Digital Infrastructure In OmanBayWa r.e. 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Fri. Jul 10th, 2026
Trending News: Fraunhofer ISE Achieves 31.3% Solar-To-Hydrogen Efficiency With Innovative Direct Photovoltaic-Electrolysis TechnologyEU Ban on Chinese Inverters Could Disrupt 28 GW Solar Demand and 12% Energy Storage Deployments: Wood MackenzieLiquid hydrogen ship to sail between Oslo and Rotterdam under EU-backed projectRECPDCL Awards POWERGRID ISTS Project For 20 GW Renewable Energy Evacuation From RajasthanRajasthan Energy Excellence Awards 2026 Honours Leaders Driving the State’s Renewable Energy Growth  Indonesia and Singapore explore CCS and green industry potentialBrazil’s Clean Energy Ecosystem Enters a New Era Ahead of The smarter E South America 2026  Dinto Solar Signs 20 MW HJT Module Distribution Agreement in EgyptGujarat Tops 1H 2026 Solar Installations With 7.69 GW As India’s Total Solar PV Capacity Crosses 162 GWEAAIF Provides USD 30 Million Loan to Hassan Allam Utilities for 1 GW Solar and 660 MWh BESS Project in EgyptSri Lanka Clean Energy Week 2026 to Unite Industry Leaders Accelerating the Country’s Clean Energy Future  LONGi Begins Mass Production of ACM Solar Cells with 27.6% Certified Efficiency and 672 W Module OutputNTPC REL Invites Bids For 3-Year O&M Of 4 Pooling Substations At 4,750 MW Khavda Renewable Energy ParkCEA Issues Nationwide Electrical Safety Advisory Amid Rising Heatwave And Increased AC UsageE.ON Extends RWTH Aachen Partnership with €7.5 Million for Smart Grid and Energy Storage ResearchExplained: Virtual Power Plants (VPPs)—Connecting Solar, Storage and Smart Loads into One Intelligent Power PlantAmeren Energizes Knox County Connector Transmission Project, Upgrading 11 Miles of High-Voltage Lines in IllinoisEDF Power Solutions Signs 3 Landmark Agreements For 2,000 MW PHES, 500 MW Solar PV And 1,000 MW Digital Infrastructure In OmanBayWa r.e. Sells 16.8 MWp Solar Project to Local Consortium in FranceHavells Enters India’s Battery Energy Storage Market Through Strategic Collaboration with Pixii ASSouthern Railway Invites INR 13.78 Crore Tender For Rooftop Solar PV Project At Madurai StationHomi Bhabha Cancer Hospital and Research Centre Invites Bids For 3 MW Captive Solar PV Plant In VisakhapatnamLeader Energy Breaks Ground on 99 MWac LSE III Solar Project in MalaysiaGAIL Invites Bids For PMC Of 600 MW Solar Project With 550 MWh BESS In Uttar PradeshVikram Solar Signs 130 MW Solar Cell Supply Deal to Boost India’s Module ManufacturingVikram Solar To Invest INR15,037 Crore In New BESS Manufacturing Facility In Tamil NaduFuel Markets Flash Supply Crunch Despite Calmer Oil PricesFed’s Williams Expects Energy Prices to Abate Even as Iran War FlaresBP Weighs North Sea Exit Under New CEOIndonesia Receives First Russian Crude Shipment Under April Supply DealEscalation Continues as U.S. and Iran Face Off Over HormuzPakistan Rushes to Buy Emergency LNG After Qatar Cargo Is CanceledUkraine Hits Two Russian Fuel Tankers as Moscow’s Fuel Crisis DeepensEU Eyes 2040 Electrification Target to Slash Oil and Gas DependenceOil Prices Fall as Markets Weigh Impact of US Strikes on IranHow Trump and AI Data Centers Are Boosting Nuclear PowerForget TACO. Trump’s Best Mexican Food Acronym is TAMALES: RussellGoldman Says US-Iran Escalation Could Slow Recovery in Gulf Oil SuppliesIran Says it Hits US Military Targets in Gulf, Prepares to Bury Slain LeaderStrategic Oil Reserve Buying Set to Support Crude Demand Through 2028BP CEO Says Oil Giant Needs to Make ‘Fewer and Better’ ChoicesNuada deploys capture facility to advance Europe’s biogenic CO2 marketHormuz Tanker Traffic StopsAxpo injects first biomethane into Italian gridCI4C launches Europe’s first pure oxyfuel cement R&D plantAfrica’s Angola LNG enters 32-day maintenance shutdownBaker Hughes wins three Sabine Pass LNG contractsBaker Hughes wins three Sabine Pass LNG contractsCRUDE AWAKENING: Oil Refiners’ Hormuz Windfall May Prove Short-Lived: BoussoU.S. LNG Exporter Reaps Windfall as Middle East Turmoil Drives Fees HigherHormuz Tanker Traffic Grinds to a Halt After U.S.-Iran EscalationGoldman Sachs Sounds Alarm Over Fresh Threat to Global Oil SuppliesOil Price Surge Shows Markets Were Too Relaxed About Iran DealGreen Energy Stocks Deliver Mixed Performance As Indian Markets End Higher On July 9, 2026EBRD, GCF, And EU Provide US$20 Million Green Finance Boost To Jordan Through Cairo Amman BankSt1 Biokraft expands into Denmark as Nordic biomethane market gathers paceDepartment of Energy Closes $3.26 Billion Loan For AEP Texas To Modernize Grid And Lower Electricity CostsSolarpedia: Battery Intelligence Series — Part 2: Understanding State of Health (SoH)Industry prepares for ‘nasty scenarios’ as Middle East tensions resumeIndustry prepares for ‘nasty scenarios’ as Middle East tensions resumeTotalEnergies ENEOS Commissions Vietnam’s Largest 28 MWp Rooftop Solar PPA At Samsung Electronics FacilityHyundai constructs 500kg per day waste-to-hydrogen plant in South KoreaECA LNG plant in Mexico ships first cargo to AsiaOil Prices Jump over 7% as Iran Ceasefire Declared ‘Over’Russia Bans Diesel Exports Amid Heavy Ukraine Attacks On RefineriesIMF Downgrades Global Economic Growth Forecast To 3% Amid Iran WarReactor vessel installed in El Dabaa’s second unitAustralia agrees to export uranium to IndiaLong-term fuel supply contract signed for OL3Trump-Iran Standoff Threatens Chronic Gulf Oil Instability: BoussoChevron Offers Rival Drillers its Chemical Technology to Boost Shale Oil OutputOil Prices Surge 6% Even as Tankers Push Through Hormuz63 Million Barrels Of Crude Stuck At Sea As U.S. Pulls Iran Sanction WaiverTotalEnergies Eyes Offshore Exploration Deal in SyriaGlobal Nuclear Power Capacity Set to Jump by 44% by 2036Silex to acquire $40m Pennsylvania semiconductor fabIT’S OVER! Oil Jumps Over 6% to Two-Week High After Trump Says Deal With Iran ‘Over’INSIGHT: Big Tech Data Centers are Driving Up Power Bills at America’s Rust Belt FactoriesIran Military Command Vows ‘Crushing Response’ After Accusing US of StrikesAMERICAN ENERGY SNAPSHOT: How Missing Infrastructure Affects Three Energy MarketsINOX India builds on record year with $100m order haulINOX India builds on record year with $100m order haulAirLife acquires stake in US helium firm CNGUS Crude Oil, Product Inventories Fall Even As Hormuz Traffic Begins to FlowOil Prices Jump After Iran Attacks Commercial VesselsChina Lifts Fuel Export Curbs as Refiners Ramp Up Overseas ShipmentsVitol Eyes Venezuela Expansion as Oil Industry ReturnsOil and LNG Tankers Make U-Turns After Fresh Hormuz EscalationBahrain and Kuwait Restore Power After Iranian AttacksMantel and Aalborg CSP partner on modular carbon capture techMantel and Aalborg CSP partner on modular carbon capture techNippon rebrands US dry ice division to Nippon Sanso Carbonic ProductsOil Rockets Higher as Trump Declares Iran Ceasefire OverFTC Solar Hosts Inaugural Robotics Day to Showcase the Future of Solar ConstructionIndian Stock Market Slump Drags Green Energy and Power Stocks Lower on July 8UK needs tenfold increase in biomethane production by 2050, government briefing findsUK needs tenfold increase in biomethane production by 2050, government briefing findsSingapore And Indonesia Expand Partnership On Carbon Markets, Clean Energy And Cross-Border TradeQatar condemns attack on LNG tankerKyrgyzstan And Singapore Explore 2 GW Solar Manufacturing Facility Partnership
Fri. Jul 10th, 2026

Crescent Energy to Buy Ridgemar Energy’s Eagle Ford Basin Assets for $905 Mln

crescent energy logo 1200x810

Dec 3 (Reuters) – Crescent Energy (CRGY.N) said on Tuesday it would acquire Carnelian Energy Capital-backed Ridgemar Energy’s assets in the Eagle Ford basin in Texas for a cash-and-stock deal of $905 million.

The deal, which is expected to close in the first quarter of 2025, also includes an additional payment of $170 million by Crescent contingent on future oil prices.

“With accelerated synergies captured from the integration of SilverBow and our recent bolt-on acquisition, our full team is ready and eager to add the Ridgemar assets to our core operating footprint in the Eagle Ford,” said Crescent CEO David Rockecharlie.

Reuters had reported in November that Carnelian Energy Capital was exploring a sale of Ridgemar.

Reporting by Seher Dareen in Bengaluru; Editing by Krishna Chandra Eluri

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