Crescent Energy will purchase Eagle Ford assets from Carnelian Energy Capital Management-backed Ridgemar Energy for $905 million, plus WTI-based contingency payments of up to $170 million.
Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.
Late Nov. 25, President-elect Donald Trump said one of his first executive orders would be to enact a 25% tariff on “all products” originating from Canada and Mexico, a move that could escalate refined products prices.
Blackstone Credit & Insurance entered a joint venture with EQT Corp. to take a non-controlling interest in the Mountain Valley Pipeline and other infrastructure from the Equitrans transactions for $3.5 billion.
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
The CEOs of Baker Hughes, SLB and Japan’s Inpex see an energy expansion that includes oil and gas—with lower emissions—as the most pragmatic way to tackle climate change.
Vital Energy CEO Jason Pigott discusses the company’s relationship with Northern Oil and Gas, including transactions across different assets from Forge and Point Energy, and Vital’s priorities going forward, in this Hart Energy Exclusive interview.
Former GOP Majority Leader Eric Cantor, vice chairman and managing partner at Moelis, said EV subsidies are likely to be in the president’s crosshairs in his second term.
The captains of BP, Shell, Petronas and Eni see the U.S. election as a short-term event, although the results could raise tensions with China and put the fate of the Inflation Reduction Act up in the air.
Texas Pacific Land CFO Chris Steddum discusses the company's approach to acquisitions in both the Delaware and Midland basins, and TPL's selective strategy when evaluating deals, in this Hart Energy Exclusive interview.
