Darren
Barbee
Oil and Gas Investor
Marathon Stockholders Give $17.1B ConocoPhillips Merger Thumbs Up
Marathon Oil shareholders approved a merger acquisition by ConocoPhillips valued at $22.5 billion, including debt, at a special meeting.
Hunting Wins Contracts for OOR Services to North Sea Operators
Hunting is securing contracts worth up to $60 million to deliver organic oil recovery technology to increase recoverable reserves for North Sea operators.
Why Buying Double Eagle Does (and Doesn’t) Make Sense for Ovintiv
Proceeds from an Ovintiv divestiture in the Uinta Basin could help fund a deal for Double Eagle’s Midland Basin assets, but analysts say the money could just as easily be used for debt reduction.
TC Energy's South Bow Spinoff Clears $5.8B Debt Hurdle
TC Energy’s new spinoff South Bow Corp. closed its notes offering that opened in June.
Shell, Akselos Enter Enterprise Deal for Structural Performance Management
Shell Information Technology International will leverage Akselos’ structural performance management software to monitor the health and lifecycle of Shell’s critical assets in Qatar, Canada, the Gulf of Mexico and elsewhere.
One Equity Partners to Acquire Gas Turbine Services Company EthosEnergy
One Equity Partners will buy EthosEnergy, which provides services to power generation and industrial customers operating industrial gas turbines.
GreenFire Appoints Rob Klenner as President to Deliver Geothermal Solutions
As president of GreenFire Energy, Rob Klenner will be responsible for overseeing GreenFire’s geothermal energy projects.
Atlas Energy Solutions Elects CEO John Turner to Board
In electing CEO John Turner to its board, Atlas Energy Solutions increased the size of its board of directors from eight to nine members.
Steve Gray to Retire from Range Resources’ Board
Steve Gray, a member of Range Resources Corp.’s board of directors since 2018, will depart on Oct. 1.
What a Trump Win Would Mean for Oil Prices and Stocks
A second Trump administration might move the price needle on oil slightly, but OPEC would retain the upper hand in any outcome.