PLUS: Diamondback rig reduction, Williams leadership transition, Chestnut-Microsoft, Power Sustainable fund, EXTERRA raise, Orsted sale, ReNew solar raise, Thunderhead power, Coterra lowers activity
May 6, 2025
Sunoco to acquire Parkland for $9.1B, forming SUNCorp
Chestnut Carbon inks 8M-tonne CO₂ deal with Microsoft
VEERUM raises CA$12M Series B to scale industrial visual operations platform
Omnidian raises $87M+ to scale renewable energy performance platform
Exterra raises CA$20M to turn mine tailings into carbon-neutral minerals
Power Sustainable raises $330M+ for mid-market climate equity strategy
Ørsted sells 24.5% of West of Duddon Sands to Schroders Greencoat for £456M
ReNew lands $100M from BII to scale India’s solar manufacturing
Thunderhead, Harbert partner to deploy 1.5 GW of data center power
Williams announces CEO transition; Chad Zamarin to succeed Alan Armstrong
Diamondback shifts strategy to FCF, trims 2025 capex by $400M
Coterra lowers Permian activity, boosts gas production; Q1 net income hits $516M
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