Finance
Liquefied Natural Gas (LNG) , Finance , Field Development
Woodside’s Scarborough LNG Receives $1B Loan from Japanese Bank
Woodside Energy’s Scarborough LNG project, located off Australia’s coast, is scheduled to start shipping cargo in 2026.
Acquisitions & Divestitures , Shale Plays , Finance , Exploration & Production
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Liquefied Natural Gas (LNG) , Natural Gas , Finance
Delay at Golden Pass LNG to Remove 219 Bcf of Demand
Despite a delay at Golden Pass LNG, East Daley still expect prices to average approximately $3.75/MMBtu in 2025.
Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , Natural Gas , Finance
Tellurian Goes All in on LNG with Upstream Divestiture to Aethon
Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.
Finance , Acquisitions & Divestitures , Investment , Energy Transition
Energy Capital Partners Raises $6.7B, Buys Atlantica
The New Jersey-headquartered Energy Capital Partners said its ECP V (Fund V) secured capital commitments of $4.4 billion plus an additional $2.3 billion of co-investment capital; the private equity firm also announced a $2.6 billion take-private of Atlantica Sustainable Infrastructure.
Finance , Super DUG , Private Equity , Public Capital
Sector’s Appetite for Capital Remains Amid Consolidation Frenzy, Panelists Say
There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
Finance , Midstream
Blue Racer Midstream Prices Senior Notes Offering
Net proceeds from the sale of senior notes will be used to pay off debt and other general corporate purposes.
Hydrogen , Finance
Plug Power Secures $1.66B Conditional Loan Guarantee from DOE
Plug Power said the funds will be used to finance development and construction of up to six green hydrogen production facilities.
Acquisitions & Divestitures , Finance
Occidental Explores Sale of Permian Assets Worth Over $1B, Sources Say
Occidental Petroleum is exploring a sale of assets in the Barilla Draw region of Texas, which is located within the Delaware portion of the Permian Basin.
Finance
NOG Lenders Expand Revolving Credit Facility to $1.5B
Northern Oil and Gas’ semi-annual borrowing-base redetermination left its reserved-based lending unchanged at $1.8 billion.