Chris
Mathews
Hart Energy
Shell, Chevron Exit Offshore Indonesia Blocks
Pertamina, Petronas pick up Shell’s interest in the Abadi project while Eni takes over operatorship and a majority stake in the Gendalo and Gandang projects.
Magellan Says Confident Sale to ONEOK will Gain Sufficient Investor Backing
An executive with Magellan Midstream Partners expressed his confidence that the previously announced sale to ONEOK will gain approval from investors, despite Energy Income Partners saying it intends to vote against the deal.
Marketed: Cimarron Production-owned Anadarko Basin Opportunity in Oklahoma
Cimarron Production Co. Inc. has retained EnergyNet for the offering of an Anadarko Basin opportunity in Ellis County, Oklahoma.
Marketed: Chevron USA-owned Wolfcamp Shale Opportunity in Texas
Chevron U.S.A. Inc. has retained EnergyNet for the offering of a Wolfcamp Shale Opportunity in Reeves County, Texas.
TC Energy Selling 40% Stake in Gas Pipeline Systems for $3.9B
TC Energy is divesting a 40% stake in natural gas pipeline systems for $3.9 billion (CA$5.2 billion) as the Calgary-based pipeline operator works to reduce debt.
Aramco Completes $3.4B Purchase of Rongsheng Petrochemical Stake
Armco will also supply Zhejiang Petroleum and Chemical Co. Ltd. with 480,000 bbl/d of crude oil in a long-term sales agreement.
US Schedules GoM Wind Lease Auction for August
Areas up for bid in the first wind auction for the U.S. Gulf of Mexico include acreage offshore Lake Charles, La., and Galveston, Texas.
A&D Minute: Exxon Mobil's Massive Acquisition of Denbury [WATCH]
In this week's A&D Minute, Hart Energy's Jordan Soto and Enverus Intelligence Research's Andrew Dittmar break down Exxon Mobil's acquisition of Denbury.
In Midland, Endeavor Is ‘The Clear Belle of the M&A Ball’
Who might be the winning buyer and what’s in the asset package? J.P. Morgan Securities analyst Arun Jayaram takes a deep dive.
Tellurian Inks Binding Letter for $1B Acreage Divestment, Leaseback
Tellurian Inc., which is developing the 27.6 mtpa Driftwood LNG project in Lake Charles, Louisiana, inked a binding commitment letter to divest 800 acres of land owned by Driftwood LNG LLC to Blue Owl Real Estate Capital LLC for $1 billion.