Mergers, Acquisitions, and Divestitures impacting the world energy market
THE WOODLANDS, Texas, July 11, 2023 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced it has entered into an agreement to acquire the Central Basin Platform (“CBP”) assets […]
Patterson-UTI buys drilling technology company just a month from announcing merger with NexTier Oilfield Solutions US oilfield services player Patterson-UTI Energy has struck a $370 million deal to acquire privately owned Ulterra Drilling Technologies from […]
(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of […]
talian oil and gas company Eni has agreed to divest stakes in several non-core oil permits in the Republic of Congo (Congo) to Anglo-French oil and gas company Perenco for a figure in the region of $300m (€273.97m). […]
MILAN, June 23 (Reuters) – Italy’s Eni and its Norwegian unit Vaar have agreed to buy private-equity backed Neptune Energy in a deal valuing the assets of the gas and oil producer at $4.9 billion […]
June 19 (Reuters) – Civitas Resources Inc (CIVI.N) is nearing a deal to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC for close to $5 billion, including […]
VANCOUVER, BC , June 19, 2023 /PRNewswire/ – DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a binding letter of intent […]
Daily Standup Top Stories Iran Oil Exports Hit A 5-Year High June 18, 2023 Allen Santos Iranian crude exports exceeded 1.5 mb/d in May, the highest level since 2018 despite the country still being under U.S. sanctions. […]
June 15 (Reuters) – Earthstone Energy Inc (ESTE.N) said on Thursday it would buy Novo Oil & Gas Holdings for $1.5 billion in a bid to boost its presence in the Delaware Basin. Delaware Basin, a part […]
North Carolina-based energy holding company, Duke Energy has reached an agreement to sell its unregulated utility-scale commercial renewables business to Brookfield Renewable, owners and operators of renewable power and climate transition assets, at an enterprise value of approximately […]
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