Sheffield Responds to FTC: Ban from Exxon Board a ‘Dangerous Course’

Pioneer Natural Resources founding CEO Scott Sheffield urges the U.S. Federal Trade Commission to vacate its order; FTC responds with defiance.

From Comedy Central to Exxon Mobil-Pioneer Deal, a New FTC Emerges

The Exxon Mobil and Pioneer Natural Resources deal closed quickly and without divestment conditions, an antitrust attorney said — except for the sole condition that barred Pioneer’s founding CEO from Exxon’s board.

The Shape of M&A to Come: Is Devon Up Next to Join the Spree?

ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.

Tellurian Goes All in on LNG with Upstream Divestiture to Aethon

Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.

Marketed: Anschutz Exploration Niobrara Shale Opportunity

Anschutz Exploration Corp. has retained EnergyNet for the sale of a Niobrara Shale opportunity in Campbell County, Wyoming.

Marketed: DLH Capital Four Well STACK Opportunity

DLH Capital has retained EnergyNet for the sale of a four well package STACK opportunity in Caddo and Dewey counties, Oklahoma.

Energy Transfer Picks Up Last of Permian’s Big, Private Midstreamers

Energy Transfer’s $3.25 billion deal for WTG Midstream aside, plenty of smaller midstream companies are available for M&A, an analyst says.

Apricus Generation Acquires Solar, Storage Developer Nexus Renewables

Nexus is the first strategic acquisition of holding company Apricus, which launched earlier this year.

Energy Capital Partners Raises $6.7B, Buys Atlantica

The New Jersey-headquartered Energy Capital Partners said its ECP V (Fund V) secured capital commitments of $4.4 billion plus an additional $2.3 billion of co-investment capital; the private equity firm also announced a $2.6 billion take-private of Atlantica Sustainable Infrastructure.

Aethon to Acquire Tellurian Haynesville Shale Assets for $260MM

Aethon Energy is acquiring Tellurian Inc.'s Haynesville Shale assets in a $260 million deal, allowing Aethon to continue growing as the basin's top private producer and for financially struggling Tellurian to prioritize its flagship Driftwood LNG project.