Enterprise Products CEO: New Permian Oil Pipeline Unlikely

U.S. energy pipeline operator Enterprise Products is not considering adding a new crude oil line in the Permian Basin after consolidation has concentrated output into the hands of E&Ps promising fiscal discipline.

PE Firm KKR Buys Stake in Eni’s Biofuels Business for $3.2B

KKR will buy nearly a quarter of Eni’s Enilive, which values the biofuels unit at about $12.7 billion.

Crescent to Double, Largely Through M&A, in the Next Five Years, CEO Says

Crescent Energy CEO David Rockecharlie said that after closing the SilverBow acquisition, the company is continuing to hunt for new assets, although few make it past the company’s screening process.

Dominion Energy, Stonepeak Close $2.6B Offshore Wind Deal

The close marked the completion of Dominion’s business review targeting $21 billion of debt reduction initiatives.

Asset Manager Buys SandRidge Stake, Looks for More Midcon M&A

Investment manager Third Avenue believes Midcon E&P SandRidge Energy is primed for M&A and a boost to shareholder returns.

Spicewood Acquires Multiple Permian Basin Mineral Interests

Spicewood Mineral Partners added mineral and royalties interests in the Midland and Delaware basins, operated by E&Ps including Occidental Petroleum, ConocoPhillips and BP.

SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut

SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.

Morgan Stanley Backs Data Center Builder as AI Fervor Grows

Morgan Stanley Infrastructure Partners (MSIP) is backing data center developer Flexential as demand for AI and high-performance computing grows.

Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal

Nigeria blocked Shell's sale of its entire onshore and shallow-water oil operations. 

On The Shelf: Strawn Wells an Independent Paradise or Graveyard?

Operators can’t depend on traditional solutions to succeed on the Eastern Shelf, where drilling horizontal Strawn wells has been a decade-long iterative process.