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oil and gas

Leadership: The Virginia Power 50 List
Feb 3, 2026

Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M

Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in its U.S. IPO of subsidiary Arko Petroleum.

Signage is seen at the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon
Jan 20, 2026

Blackstone weighs $5 billion sale of Beacon Offshore, source says

Blackstone is exploring a sale or IPO of Beacon Offshore Energy, valuing the Gulf of Mexico oil and gas operator at over $5B.

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