Nissa
Darbonne
Oil and Gas Investor
Florida Fuel Distributors Palmdale, Combs Oil Merge
Palmdale Oil’s acquisition of Combs Oil Co. combines two Florida-based fuels and refined products distributors.
Constellation Energy Nearing $30B Deal for Calpine, Sources Say
Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine that could be announced as early as Jan. 13, sources familiar with the matter said.
Liberty Energy, DC Grid to Collaborate on Turnkey Power Solutions
Liberty Energy’s power solutions and DC Grid’s direct current systems will offer rapidly deployed, scalable and sustainable power for data centers, among other uses.
PRB’s Sage Butte Ready for M&A Across Lower 48, Maybe Canada Too
Private E&P Sage Butte Energy, which operates in the Powder River Basin, is less interested in the Permian Basin, citing the cost of entry.
Shell Selects SLB for Deepwater Drilling Contracts
SLB will deliver the projects in the U.K. North Sea, Trinidad and Tobago and the Gulf of Mexico, among others regions, over the next three years.
Chevron Targets Up to $8B in Free Cash Flow Growth Next Year, CEO Says
The No. 2 U.S. oil producer expects results to benefit from the start of new or expanded oil production projects in Kazakhstan, U.S. shale and the offshore U.S. Gulf of Mexico.
Plains’ $725MM in Deals Add Eagle Ford, Permian Infrastructure
Plains All American Pipeline’s executed transactions with EnCap Flatrock Midstream in the Eagle Ford and Medallion Midstream in the Delaware Basin, among other moves.
Kimbell Royalty Partners Adds to Permian Portfolio with $231MM Deal
Kimbell Royalty Partners is acquiring oil and natural gas mineral and royalty interests in the Midland Basin in a cash-and-equity acquisition worth $231 million.
Artificial Lift Firm Flowco Seeks ~$2B Valuation with IPO
U.S. artificial lift services provider Flowco Holdings is planning an IPO that could value the company at about $2 billion, according to regulatory filings.
Varel Energy Solutions Acquires Ace Well Technology
Varel Energy Solutions acquired Ace Well Technology, a supplier of oilfield casing, cementing and completion products.