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HomeM & A

M & A

Mergers, Acquisitions, and Divestitures impacting the world energy market

Civitas-Crestone Peak DJ Basin Holdings -
Finance

DJ Basin’s Future King Civitas Looking to Complete Extraction, Crestone Mergers Before Year’s End

August 21, 2021 Stu Turley

Colorado’s biggest oil and gas producer appears on track to complete its dominance of the Denver-Julesburg (DJ) Basin before year’s end, the CEO of Bonanza Creek Energy Inc., soon to be Civitas Resources Inc., said earlier this […]

Coal

Opinion: What BHP’s Petroleum Exit Could Signal for the Oil Industry

August 19, 2021 Stu Turley

‘The market hasn’t exactly cheered BHP Group’s proposed exit from its oil and gas business, with shares of both the mining giant and the acquirer, Woodside Petroleum, tumbling in the wake of deal. A point of […]

Finance

Australia’s Woodside snares BHP oil, gas business in $28B merger

August 19, 2021 Stu Turley

BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas producer worth $38.5 billion ($28 billion) with growth assets in Australia […]

Finance

Subsea 7 Announces Floating Wind Acquisition

August 3, 2021 Stu Turley

Subsea 7 today announced that it has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in […]

Exploration and Production

ENB Energy News Podcast with the Current M&A Activity from Enverus – What’s a few Billion?

August 3, 2021 Stu Turley

We sat down with Andrew Dittmar, Senior M&A Analyst at Enverus and we had a blast talking about the report they just put out. This was my second interview with Andrew and he again demonstrated […]

Crude Oil News

Lukoil Retracts Decision to Sell Stake in Iraq’s Field: Al-Sabah

July 31, 2021 Stu Turley

Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies, according to Iraqi state-run newspaper Al-Sabah. Iraq’s oil ministry has been in talks with the company […]

Fossil

Tellurian and Shell Sign Agreements for 3 mtpa

July 31, 2021 Stu Turley

Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today it has finalized liquefied natural gas (LNG) sale and purchase agreements (SPAs) with Shell NA LNG. The SPAs are on a free on board (FOB) basis at Driftwood […]

Finance

Gas midstream sector’s ESG push in focus as Q2 earnings season begins

July 19, 2021 Stu Turley

Investors will be watching for signs that the pickup in commercial activity in recent months is sufficient to support new infrastructure growth opportunities. Many of the companies in the midstream sector have been focusing on […]

M & A

Pipeline operator Kinder Morgan to buy Kinetrex Energy in green energy push

July 18, 2021 Tracey Woods

Pipeline operator Kinder Morgan Inc (KMI.N) said it would buy renewable natural gas developer Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million, to expand into green energy amid investor pressure to tackle climate change. […]

oil and money - Energy News Beat
Finance

M&A Hot Streak Returns As 2Q21 Value Reaches $33 Billion

July 13, 2021 Stu Turley

Austin, Texas (July 12, 2021) — Enverus, the leading energy data analytics and SaaS technology company, is releasing its summary of 2Q21 U.S. upstream M&A activity. After a cold start to the year, upstream M&A […]

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