Comstock, Quantum Capital Solutions Partner for Haynesville Midstream Buildout
Quantum Capital Solutions is committing $300 million for Comstock Resources' Pinnacle gathering and treatment system, among other Haynesville midstream operations.
NextEra Energy Banks on Tax Credit Transferability
The Florida-based company says it is already seeing strong demand for its tax credits, having entered agreements to sell more than $300 million of tax credits in 2023.
China CNOOC's Q3 Profit Down 8% on Year, Revises Up Capex
CNOOC updated up its 2023 capital spending to build new production capacities after reporting a fall in third quarter profits due to lower realized oil prices.
Energy Transfer, Crestwood Set Election Date for Unitholders to Vote on Form of Merger
The election is amid Energy Transfer’s pending acquisition of Crestwood Equity Partners for $7.1 billion in an all-stock transaction on Aug. 18.
BSM Approves Common Unit Cash Distribution
Black Stone Minerals’ third quarter distribution maintains the pricing of the second quarter.
ANPG Announces Bidding for 12 Blocks in Lower Congo, Kwanza Onshore Basins
The Angola National Agency of Petroleum, Gas and Biofuels’ deadline for submitting proposals extends until Nov. 15.
Energy Transfer Prices $4B of Senior Notes
Energy Transfer’s sale of its senior notes is expected to settle on Oct. 13 in accordance with the Securities and Exchange Commission.
Civitas Resources $1B Senior Notes Offering to Fund Vencer Acquisition
The unsecured notes offering will finance Civitas Resources’ Vencer Energy acquisition, another funding step in the company’s multibillion dollar expansion into the Permian Basin.
Cautious Lenders Square Off with Cash-rich E&Ps
Bankers said there is caution among lenders and borrowers, but the energy sector has some advantages over other industries.
Commentary: How Deals Are Getting Done (and Financed)
The shifting bank market is more based on company size, while regional banks remain the backbone of reserve-based lending.