The upstream M&A trend continues this year with producers focused on consolidating their existing portfolio positions in core operating basins. Deals made in 1Q totaled a sleepy $8 billion but jerked to life in 2Q with 20 acquisitions for a combined $24 billion. ...
Read More
Reese Energy Consulting today is following the latest from CrownQuest, which is entertaining a potential sale that, given the right buyer, could shoot past the $10 billion mark. ...
Read More
2023 has been nothing short of a spectacular year for Tulsa-based Vital Energy. The former Laredo Petroleum reintroduced itself in January with a new name and renewed purpose as a responsible energy provider. What’s followed is a Permian-focused E&P, fearless of change or the future, whose leadership advances a limitless mindset. ...
Read More
The largest midstreamer in the Texas Delaware will soon introduce its distinct energy brand to producers across the state line. ...
Read More
Adjust your calendar. The IEA is back with its latest energy prognostication of peak fossil fuel demand now attached with a new timetable since the last one didn’t pan out. ...
Read More
One of North America’s largest pipeline operators is enjoying an especially good year. Alberta-based Enbridge, which transports 30% of all U.S. crude and 20% of the nation’s natural gas, also happens to be in the gas utility business back home in Canada. ...
Read More