Jennifer
Pallanich
Hart Energy
Sunoco to Acquire NuStar Energy for $7.3B
Sunoco LP is adding scale and diversifying its portfolio with its acquisition of NuStar Energy LP, which is expected to close in second quarter 2024.
Zayla Partners Acquires Energy Compensation Surveyor Effective Compensation Inc.
Denver-based ECI founder Terry Isselhardt will continue as ECI president.
Chevron to Begin Marketing Shale-gas Assets in Canada's Duvernay
Chevron plans to put its Alberta, Canada, shale-gas business up for sale as it continues to streamline global operations.
EQT Prices $750MM of New Senior Notes for Tug Hill Acquisition
EQT plans to offer 5.75% senior notes to repay some borrowings used in the acquisition of Tug Hill and XcL Midstream, the company said.
BP Sticks with Murray Auchincloss as CEO, Continues Shift from Oil
BP formally appointed Murray Auchincloss as CEO and announced the purchase of GETEC ENERGIE GmbH as part of a strategy to evolve from international oil company to integrated energy company.
Apex, SK Gas, SK D&D Create Energy Storage JV
Joint venture SA Grid Solutions owns the Great Kiskadee battery storage, a project under construction in Texas that will eventually feed into the ERCOT grid.
West: Oil Service Industry 2024: A Tale of Two Markets
North America's oil service industry will decline while the international and offshore markets will drive growth.
Ministry Offers 62 Licenses Offshore Norway in APA 2023
Sixteen of the new awards from the Norwegian Offshore Directorate add acreage to existing production licenses.
Trafigura Agrees to Purchase 1PointFive DAC Carbon Removal Credits
Trafigura’s purchase of 1PointFive’s CO2 removal credits is part of its commitment as a founding member of the First Movers Coalition to support the advancement of CO2 removal credits.
Shell Sells Nigerian Onshore Business for Up to $2.4 Billion
Shell is selling its Nigerian onshore oil and gas business to a Nigerian-led energy consortium for $1.3 billion and will receive additional payments of up to $1.1 billion from the European group.