The Latest

TotalEnergies Grows Renewables Portfolio with Project Acquisitions

TotalEnergies has entered into deals with RES, VSB Group and SN Power for assets in North America, Africa and Europe.

NGP Backs Wing Resources with $100MM to Buy Permian Mineral Interests

Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.

INEOS Buys CNOOC’s Gulf Assets, Bringing US Deals Total to $3B

INEOS Energy closed an acquisition of U.S. Gulf assets held by a CNOOC subsidiary. Combined with a previous LNG agreement and acquisition of Eagle Ford Shale assets, the British company has spent $3 billion in the U.S.

Sitio Fights for its Place Atop the M&R Sector

The minerals and royalties space is primed for massive growth and consolidation with Sitio aiming for the front of the pack.

Phillips 66 Completes EPIC Acquisition

The NGL midstream deal to buy EPIC NGL is part of an ongoing dispute between Phillips and activist investor group Elliott Investment Management.

ConocoPhillips Shopping Marathon’s Anadarko Assets for $1B— Source

ConocoPhillips is marketing Anadarko Basin assets it picked up through a $22.5 billion acquisition of Marathon Oil last year, Hart Energy has learned.

Diamondback Energy Closes $4.1B Double Eagle IV Acquisition

Diamondback Energy Inc. closed on its approximately $4.1 billion deal to buy EnCap Investments’ Double Eagle IV, adding approximately 40,000 net acres in the Midland Basin to its portfolio.

Waterous Raises $1B PE Fund for Canadian Oil, Gas Investments

Waterous Energy Fund (WEF) raised US$1 billion for its third fund and backed oil sands producer Greenfire Resources.

CenterPoint Energy Completes NatGas Pipeline Sale to Bernhard

CenterPoint Energy Inc. has closed on a sale of natural gas distribution utilities in Louisiana and Mississippi to Bernhard Capital Partners.

Ring Energy Closes Central Basin Platform M&A from Lime Rock

Ring Energy added 17,700 net acres and 2,300 boe/d of production in the Central Basin Platform through an acquisition from Lime Rock Resources IV.