Flame Acquisition Holders Approve Merger with Sable Offshore

The business combination among Flame Acquisition Corp., Sable Offshore Holdings and Sable Offshore Corp. will be renamed Sable Offshore Corp.

ConocoPhillips CEO Ryan Lance Calls LNG Pause ‘Shortsighted’

ConocoPhillips chairman and CEO Ryan Lance called U.S. President Joe Biden’s recent decision to pause new applications for the export of American LNG “shortsighted in the short-term.”

Enbridge Advances Expansion of Permian’s Gray Oak Pipeline

In its fourth-quarter earnings call, Enbridge also said the Mainline pipeline system tolling agreement is awaiting regulatory approval from a Canadian regulatory agency.

Diamondback, Verde Plan Converting Permian Natgas to Gasoline

Diamondback Energy subsidiary Cottonmouth Venture LLC has entered into a joint development agreement with Verde Clean Fuels to build a natural gas-to-gasoline facility in the Permian Basin.

Marketed: Private Seller Certain Royalty Properties in D-J Basin

A private seller retained RedOaks Energy Advisors for the sale of certain royalty properties in the D-J Basin.

Renewables’ Share of Deal Flow Up, But M&A Slowing

Abundant capital remains available for renewable energy projects, and developers are looking for investors to help get projects over the finish line, expert says.

Marketed: Confidential Seller Certain Mineral, Royalty Interests in Louisiana

A confidential seller retained RedOaks Energy Advisors for the sale of certain mineral and royalty interests in Louisiana.

Subsea Tieback Round-Up, 2026 and Beyond

The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.

E&P Highlights: Feb. 12, 2024

Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.

Analysts: Diamondback-Endeavor Deal Creates New Permian Super Independent

The tie-up between Diamondback Energy and Endeavor Energy—two of the Permian’s top oil producers—is expected to create a new “super-independent” E&P with a market value north of $50 billion.