AstraZeneca Partners with Vanguard in Multi-year RNG Deal

AstraZeneca and Vanguard Renewables are partnering for an RNG deal that, by the end of 2026, is expected to use up to 650,000 MMBtu, or 190,500 MWh per year of RNG.

Ovintiv Completes $4.2B Midland Basin Buy, Bakken Exit

Ovintiv closed its previously announced $4.2 billion Midland Basin acquisition adjacent to its current operations in the Permian, as well as the sale of the entirety of its Bakken position, the company said on June 12

Venezuela, Iran Ink 25 Deals During State Visit

Venezuela and the Islamic Republic of Iran signed 25 deals across different development areas, including petrochemicals, during an official visit by Iranian President Seyed Ebrahim Raisi to Caracas.

Exclusive: Mesquite Sells Eagle Ford’s Catarina Ranch to Black Mountain O&G

In a transaction likely worth about $300 million, Mesquite Energy made its second divestiture of Eagle Ford assets in a month following a deal with Crescent Energy.

Investor SCF Takes Full Ownership of Powerstar

Global investor SCF Partners, previously a minority shareholder in Powerstar, is taking full ownership of the smart energy solutions provider.

Ingersoll Rand to Acquire Chart Industries’ Howden Roots

Chart Industries’ $300 million divestiture of the Howden Roots business line to Ingersoll Rand is in line with a $500 million divestiture target set after Chart purchased Howden in March for $4.4 billion.

Saudi Arabia Signs $5.6B Deal with Chinese EV Company

Saudi Arabia's Ministry of Investment has signed a $5.6 billion deal with Human Horizons to collaborate on the development, manufacture and sale of vehicles. 

Asset Manager to Vote Against $18.8 B ONEOK-Magellan Deal

Asset manager Energy Income Partners says the taxes on ONEOK’s deal to buy Magellan Midstream Partners will exceed the premium offered by ONEOK or any potential benefits from a combination.

Danny Rice-led SPAC Completes $2B NET Power Merger

Former Rice Energy Inc. CEO Danny Rice will now lead a power generation company, NET Power, backed by Occidental Petroleum, Baker Hughes, SK Group and other investors.

Chord Energy Divests Permian Assets to Private E&P

Chord Energy is selling non-core acreage and wells, primarily in the Central Basin Platform, to private E&P BCP Resources, which is focused on developing and optimizing legacy assets.