Brookfield Infrastructure Partners Buys Colonial Pipeline for $9B

Brookfield Infrastructure Partners LP has agreed to acquire Colonial Enterprises, the owner of the Colonial Pipeline, in a deal valued at $9 billion.

Matador Exits Eagle Ford Shale, Preps for ‘Turbulent Times’

Matador Resources Co. divested its Eagle Ford Shale assets “in preparation for turbulent times” but doesn’t expect tariffs to affect well costs until the second half of 2025.

Oklahoma E&P Canvas Energy Explores Midcon Sale, Sources Say

Canvas Energy, formerly Chaparral Energy, holds 223,000 net acres in the Anadarko Basin, where M&A has been gathering momentum.

Appalachia, Haynesville Minerals M&A Heats Up as NatGas Prices Rise

Several large Appalachia and Haynesville minerals and royalties packages are expected to hit the market as buyer interest grows for U.S. natural gas.

RPC Acquires Pintail Completions to Expand Permian OFS Operations

RPC Inc. paid $245 million in cash and other considerations for the wireline service provider.

BKV Applies Refrac Playbook to Potential M&A Targets

BKV Corp. applies its refrac playbook—tried and true in the Barnett Shale—to potential M&A targets as it looks to gain contiguous acreage, Upstream President Eric Jacobson told Hart Energy at DUG Gas.

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.