Midstream

Howard: Midstream’s M&A Renaissance

The conditions for midstream dealmaking are the most favorable since the late 1990s and early 2000s.

Emissions

Oxy CEO Takes Swing for Oil, Climate at Agitator-Disrupted Program

After a New York City event was disrupted, Occidental Petroleum President and CEO Vicki Hollub said agitators were after publicity and funding to “continue a business.”

Crude Oil

Saudi Signals Willingness to Weaken Oil Prices, Defend Market Share

Analysts caution that reports of Saudi Arabia abandoning a philosophy of supporting prices in favor of defending market share could be a move to get OPEC+ members in line rather than to launch a costly oil war with the U.S., among others.

Acquisitions & Divestitures

Chesapeake, Southwestern to Form Expand Energy as $7.4B Deal Closes

Chesapeake Energy’s merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.

Acquisitions & Divestitures

Trauber: Inventory Drives M&A, But E&Ps Also Vying for Relevancy

Legendary dealmaker Stephen Trauber keeps his eyes open for out of the box ideas: Why not a BP-Shell merger? Or Chevon and ConocoPhillips? 

Midstream

Electricity and LNG Drive Midstream Growth as M&A Looms

The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.

Energy Industry Conferences

Growing Natgas Supply Up for Grabs, but Extra NGL Headed Overseas

The additional growth of the liquids export market will be tied to an unpredictable natural gas market, experts say. 

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Big Barrels: Meet Ohio’s New Utica Oil Play

After a false start in the early 2010s that went underwater with overwhelmingly low oil and associated-gas prices, a new group of Ohio drillers is going after the Utica’s volatile oil window. They’re talking now. Here’s what they’re up to.