(World Oil)– Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding […]
Read moreCategory: Mergers, Acquisitions & Divestitures
Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso
(BOE Report) – LONDON, July 18 – The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be […]
Read moreSLB completes $7.8 billion ChampionX acquisition
(World Oil)– SLB has successfully completed its previously announced $7.8 billion acquisition of ChampionX. The announcement follows a period of […]
Read moreMidOcean emerges as lead bidder for Petronas’ Canada assets, sources say
(World Oil)– MidOcean Energy, a liquefied natural gas company founded by private equity firm EIG and backed by Saudi Aramco, […]
Read moreRising Phoenix Capital expands Midland basin footing with strategic acquisition
(World Oil) – Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, today announced a […]
Read moreRising Phoenix Capital expands Midland basin footing with strategic acquisition
(World Oil) – Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, today announced a […]
Read moreMach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August […]
Read morePrairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin
(Oil & Gas 360) – Publisher’s Note: Prairie Operating will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, […]
Read moreSantos grants ADNOC six weeks for $19 billion takeover review
(Oil Price)– Santos has granted exclusive due diligence access for six weeks to the consortium led by Abu Dhabi’s ADNOC […]
Read moreShell denies WSJ report speculating bp takeover talks
(World Oil) – (Bloomberg) — Shell Plc denied a Wall Street Journal report that it is in active talks about […]
Read moreDevil’s in the details: Why BP’s debt may deter a buyer
(BOE Report) – BP has been the subject of takeover talks for several years due to its shares’ relative underperformance, […]
Read moreCarlyle, Diversified Energy to invest $2 billion in producing U.S. assets
Publisher’s Note: Diversified Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (World Oil) – […]
Read moreEntropy Enters Definitive Agreement to Purchase Strategic Carbon Storage Assets
Publisher’s Note: Advantage Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (Oil & Gas […]
Read moreTexas oil family to benefit from potential $8-billion Mitsubishi deal
(Oil Price)– Father and son, Albert and Gordon Huddleston, part of the Texas oil dynasty of H.L. Hunt, are expected […]
Read moreMEG Energy seeks alternatives after rejecting $4.4-billion bid from Strathcona
(Oil Price) – Canada’s Strathcona Resources supports MEG Energy in its process to explore potential mergers after MEG recommended that shareholders […]
Read moreBaker Hughes sells PSI product line to Crane Company for $1.15 billion
(World Oil) – Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane […]
Read moreVermilion Energy exits U.S. market with $88 million asset sale
Publisher’s Note: Vermilion Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. (World Oil) – […]
Read moreActivist investor Engine Capital plans to vote against US$9.1B Parkland-Sunoco deal
(BOE Report) – CALGARY – A major shareholder in fuel refiner and retailer Parkland Corp. says it plans to vote against […]
Read moreViper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend
(Oil & Gas 360) – MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), […]
Read moreEOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%
(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, […]
Read moreStrathcona formally launches takeover bid for oilsands peer MEG Energy
(BOE Report) – CALGARY – Strathcona Resources Ltd. has begun its formal takeover bid for fellow oilsands producer MEG Energy. Its offer comprises 0.62 […]
Read moreCheniere Signs Long-Term Integrated Production Marketing Agreement with Canadian Natural Resources Limited
(Oil & Gas 360) – HOUSTON–(BUSINESS WIRE)– Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) announced today that its subsidiary, Cheniere Marketing, […]
Read moreExxon Mobil to sell French subsidiary Esso to Canadian energy group
(BOE Report) – Energy major ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North […]
Read moreStrathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal
(Oil & Gas 360) – Calgary, Alberta (May 14, 2025) – Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) is pleased […]
Read moreADNOC Drilling CFO sees $500 million of acquisitions this year
(World Oil) – The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the […]
Read moreNRG Energy to buy $12 billion worth of assets amid power demand supercycle
(Oil Price) – NRG Energy will buy a portfolio of gas-fired power generation facilities valued at $12 billion from LS Power […]
Read morePermian Resources acquires Delaware basin assets from APA for $608 million
(World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent […]
Read moreConocoPhillips deal marks investment firm’s continued push into Texas’ Midland basin
(World Oil) – Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, have announced a strategic […]
Read moreCrescent Energy completes sale of non-operated Permian basin assets
(World Oil) – Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 […]
Read moreEQT to buy Marcellus assets from Olympus Energy for $1.8 billion
(Oil Price) – Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 […]
Read moreVista buys Petronas’ Argentina oil stake in $1.5 billion deal
(World Oil) – Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a […]
Read moreU.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility
(Oil & Gas 360) ~20,000 net acres Significant multi-bench drilling inventory Upsize of USEDC’s syndicated revolving credit facility led by […]
Read moreAmplify Energy and Juniper Capital announce amendment to the merger agreement
(Oil & Gas 360) Juniper to Contribute Incremental $10 Million in Cash Updates Oil and Gas Hedge Positions and Juniper […]
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