Beyond Energy: EnergyNet Expands Marketplace For Land, Real Assets

A pioneer in facilitating online oil and gas A&D transactions, EnergyNet is expanding its reach into surface land, renewables and other asset classes.

Weatherford Announces Acquisition of Technology Company Datagration

The acquisition gives Weatherford International digital offerings for production and asset optimization and demonstrates its commitment to continuously driving innovation across its technology portfolio, the company said.

EDF Renewables Secures Investment in Solar Energy Storage Project

Power Sustainable Energy Infrastructure acquired a 50% stake in EDF Renewables North America’s Desert Quartzite Solar+Storage Project in California.

Rising Phoenix Royalties Adds Permian Basin Mineral Interests

The acquisition of Permian Basin interests in Dawson County, Texas, follows a July deal by Rising Phoenix Royalties for a non-operated working interests in the Denver-Julesburg (D-J) Basin.

Shell Sells Pipeline, Terminal Assets to Edgewater Midstream

Shell is selling its Sinco pipeline system and Colex terminal assets that have been historically integrated with the Deer Park Refinery, which Shell sold to Pemex in 2022.

Mexico Pacific Signs Long-term SPA with Korea’s POSCO International

Mexico Pacific and Korea’s POSCO International Corp. signed a 20-year sales and purchase agreement for the Asian company to acquire 0.7 mtpa of LNG from the proposed the Saguaro Energía LNG facility on Mexico’s Pacific Coast.

ONEOK Secures Traffic for Growing Midstream Network with $5.9B Deal

ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating.

Marathon Stockholders Give $17.1B ConocoPhillips Merger Thumbs Up

Marathon Oil shareholders approved a merger acquisition by ConocoPhillips valued at $22.5 billion, including debt, at a special meeting.

Why Buying Double Eagle Does (and Doesn’t) Make Sense for Ovintiv

Proceeds from an Ovintiv divestiture in the Uinta Basin could help fund a deal for Double Eagle’s Midland Basin assets, but analysts say the money could just as easily be used for debt reduction.

ONEOK to Acquire Permian’s EnLink, Medallion Midstream for $5.9 Billion

ONEOK will acquire Global Infrastructure Partners’ interests in EnLink Midstream and Medallion Midstream, which add scale in the Permian, Midcontinent and Louisiana, in separate transactions valued at $5.9 billion.