Rockies Gas Producer PureWest Acquired for $1.84 Billion

A private consortium of family offices and financial institutions acquired ownership of Wyoming natural gas producer PureWest for $1.84 billion.

Egypt, UAE Sign Deal on $10 B Wind Energy Project: State TV

The project will be established by a consortium led by renewable energy firm Masdar, in addition to Infinity Power and Hassan Allam Utilities.

Brazil's Petrobras in Talks with Unigel for Joint Green Projects

Petrobras says it has begun talks with Unigel to explore joint businesses in fertilizers, green hydrogen and low carbon. 

Shell to Exit European Home Retail Energy Businesses

Shell is exiting its home retail energy businesses in Britain, Germany and the Netherlands. 

Exclusive: VTX Energy Adds More Southern Delaware Acreage, CEO Says

VTX Energy Partners, backed by Swiss energy trader Vitol, is expanding its southern Delaware Basin footprint to 47,000 net acres through a bolt-on acquisition, CEO Shepherd says. 

Black Bear Sells Mississippi Gas Gathering Assets

Black Bear sold more than 120 miles of natural gas pipelines and eight active metered locations to Skye MS LLC for an undisclosed amount.

UK's Mondi Scraps $1.17 B Deal to Sell Largest Russian Plant

London-listed shares in Mondi were down by 1.5% after the company announced the transaction's cancellation. 

NGP Energy Transition IV Closes at $700 Million in Total Commitments

NGP’s fund has invested in a number of portfolio companies such as Noveon Magnetics and Rubicon Carbon, among others.

Mineral Deal Valuations, Teams Evolve

Experts say U.S. minerals and royalties teams are getting bigger, holding acreage for longer periods and bringing a more sophisticated approach to M&A.

Passage of Debt Bill Clears Way for MVP, Swifter Permitting for Infrastructure

The MVP natural gas pipeline and a swifter permitting process win as debt ceiling legislation weathers resistance from senators.