Permian Operators Cut Methane Emissions by 26% in 2023, S&P Global Says

S&P Global credits improved equipment and technology for helping with methane emissions reductions in the Permian Basin.

December 23, 2024

Segrist: The Keystone for Trump?

President-elect Donald Trump talks about reviving the famously controversial Keystone XL Pipeline while threatening tariffs on the nation where it originates

December 23, 2024

Vermilion Energy to Acquire Canada's Westbrick for $745MM

Canada’s Vermilion Energy Inc. will acquire Westrbrick Energy’s Alberta Deep Basin assets, including 700 locations, for CA$1.075 billion.

December 23, 2024

Reuters: Northern Oil and Gas in Bid to Acquire Smaller Rival Granite Ridge, Sources Say

Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.

December 20, 2024

Shell and Argentina’s YPF Agree on $50B LNG Development

Shell and YPF say they will partner to build the first LNG export project in Argentina. 

December 19, 2024

Diamondback Subsidiary to Invest $50MM in Verde Clean Fuels

Diamondback Energy subsidiary Cottonmouth Ventures LLC’s investment will consist of buying 12.5 million shares of Verde Class A common stock, making Cottonmouth the company’s second largest shareholder.

December 19, 2024

EY: Three Themes That Will Drive Transformational M&A in 2025

Prices, consolidation and financial firepower will push deals forward, says EY.

December 18, 2024

NuVista Energy Temporarily Curtails Production After Plant Shutdown

NuVista Energy announced revised production guidelines following temporarily curtailing production in the Wapiti area of the Alberta Deep Basin.

December 18, 2024

East Daley: New Pipelines Could Open Permian Floodgates

Led by the opening of the Matterhorn Express, a slew of projects is set to battle regional bottlenecks in the Permian Basin region but power generation may be the catalyst for newly announced pipelines.

December 18, 2024

Vitesse Energy to Buy Bakken Pureplay Lucero in $220MM Deal

Vitesse Energy will acquire Lucero Energy’s Bakken/Three Forks assets, including 25 net remaining locations, 1.9 net DUCs and 20 wells that are candidates for recompletions.

December 16, 2024