Robin Ross, who last month returned to Trio Petroleum as board chair, has been named CEO while predecessor Michael Peterson will remain as a consultant.
The midstream M&A market typically follows the E&P sector by a few months. But some aspects of the market are different this time around.
Arizona Lithium’s discovery in the Williston Basin was made by an exploration well drilling in the Souris River Formation.
The ADCC Pipeline will source volumes from the Permian Basin, Eagle Ford Shale and Texas Gulf Coast for transport to Cheniere’s Corpus Christi LNG facility.
APA Corp. and subsidiary Apache sold non-core assets in the Permian Basin and Eagle Ford Shale sooner than expected, and for less, as the company looks to reduce debt from its Callon Petroleum deal earlier this year.
The lawsuit, involving crude transport via railway in the Uinta Basin, is part of a larger intragovernmental fight that could have implications for how FERC decides pipeline and LNG plant permitting.
Gas-weighted assets’ M&A values have declined with gas futures since 2022, according to J.P. Morgan Securities analysis.
PE firms Post Oak Energy Capital and Genesis Park sold the Delaware Basin’s Layne Water Midstream to an undisclosed buyer.
Diversified Energy’s $106 million deal with Crescent Pass Energy comes during a prolonged dip in natural gas prices that some analysts expect to rebound as demand ramps up for LNG exports and power demand.
BPX CEO Kyle Koontz delves into development plans in the Permian, Eagle Ford and Haynesville.