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HomeM & A

M & A

Mergers, Acquisitions, and Divestitures impacting the world energy market

Oil
Crude Oil News

U.S. Oil M&A Spree Set to Surpass Last Year’s Size

August 12, 2024 Mariel Alumit

Last year, U.S. oil and gas companies announced several massive deals. Enverus said in its latest report on M&A activity that the second quarter saw $30.2 billion worth of deals announced in the second quarter […]

NorthWestern
Coal

NorthWestern to acquire more of Colstrip while other utilities unload coal

August 5, 2024 Mariel Alumit

NorthWestern Energy announced this week it plans to acquire more shares of the coal-fired plant at Colstrip — at no cost. The utility said the acquisition will help leverage existing and reliable infrastructure, and its announcement came […]

AI

Week Recap: BRICS Financial Moves, Pipeline Congestion, and Green Energy Scrutiny

August 3, 2024 Andy Del Prado

Weekly Daily Standup Top Stories BRICS Officially Announces Financial System Similar to SWIFT July 26, 2024 Stu Turley The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial […]

Ecopetrol
Finance

Ecopetrol Pulls Out Of Deal to Buy Occidental’s CrownRock Assets

August 1, 2024 Mariel Alumit

Occidental Petroleum (NYSE:OXY) has disclosed that Colombia’s Ecopetrol S.A. (NYSE:EC) has pulled out of a deal to buy a 30% stake in Occidental’s CrownRock assets. Last year, Occidental announced a deal to acquire CrownRock and its significant Permian Basin assets in a […]

Vital Energy
Crude Oil News

Vital Energy nearing a deal to buy Point Energy for $1.1 billion, sources say

July 28, 2024 Michael Tanner

NEW YORK, July 28 (Reuters) – Vital Energy (VTLE.N), opens new tab is closing in on an all-cash deal to acquire private equity-owned Point Energy Partners for $1.1 billion, people familiar with the matter said on Sunday, […]

Helmerich & Payne
Exploration and Production

Helmerich & Payne, KCA Deutag form global onshore drilling powerhouse in $2 billion acquisition

July 26, 2024 Mariel Alumit

(WO) – Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) today announced a definitive agreement under which H&P will acquire KCA Deutag for $1.9725 billion in cash. KCA Deutag is a diverse […]

Crude Oil News

Deal Spotlight Episode #8: Devon + Grayson Mill

July 25, 2024 Mariel Alumit

Another week, another deal! Grayson Mill finally decided to divest after floating out in mid-January that they were looking at an exit, and EnCap got everything they wanted! John Ferrell (CEO and Co-Founder of Well […]

Tellurian
Finance

Australia’s Woodside to buy Tellurian

July 22, 2024 Mariel Alumit

Australian LNG player Woodside has entered into a definitive deal to buy Tellurian, the developer of the Driftwood LNG export project in Louisiana. Woodisde said in a statement the consideration for the transaction is an […]

Honeywell
Finance

Honeywell to Acquire Air Products’ Liquefied Natural Gas Process Technology and Equipment Business to Expand Energy Transition Solutions and Services

July 11, 2024 Mariel Alumit

Honeywell (Nasdaq: HON) and Air Products (NYSE:APD) jointly announced today that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This […]

Finance

Honeywell to buy Air Products’ LNG business for $1.81 billion

July 11, 2024 Andy Del Prado

US conglomerate Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. LNG equipment specialist Air Products and Honeywell revealed the move […]

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