Acquisitions and Divestitures (A&D)

Chart Industries Signs Definitive Agreement to Divest Cryobiological Products Business for $320 Million to Cryoport, Inc.

Chart Industries Signs Definitive Agreement to Divest Cryobiological Products Business for $320 Million to Cryoport, Inc.

ATLANTA, Aug. 25, 2020 (GLOBE NEWSWIRE) — Chart Industries, Inc. (“Chart”) (…

Riviera Resources Enters Into Definitive Agreement to Sell Blue Mountain Midstream LLC to Citizen Energy for $111 Million

Riviera Resources Enters Into Definitive Agreement to Sell Blue Mountain Midstream LLC to Citizen Energy for $111 Million

HOUSTON, Aug. 24, 2020 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“R…

Pure Acquisition Corp. Closes Business Combination for Company to be Named HighPeak Energy, Inc.

Pure Acquisition Corp. Closes Business Combination for Company to be Named HighPeak Energy, Inc.

FORT WORTH, Texas, Aug. 24, 2020 (GLOBE NEWSWIRE) — Pure Acquisition Corp. (NASDAQ: PACQ, …

Brazil: Petrobras announces sale of onshore fields in Bahia to 3R Petroleum

Brazil: Petrobras announces sale of onshore fields in Bahia to 3R Petroleum

EnergyPedia


Petrobras, following up on the release disclosed on 08/26/2019, has signed with SPE Rio Ventura S.A., a wholly-owned subsidiary of 3R Petroleum e Participacoes S.A., a contract for the sale of its entire interest in …

Kelt Announces Completion of the Sale of Its Inga Assets

Kelt Announces Completion of the Sale of Its Inga Assets

Calgary, Alberta–(Newsfile Corp. – August 21, 2020) – Kelt Exploration Ltd. (TSX: KEL) (“Kelt…

Occidental Announces Sale of Wyoming, Colorado, and Utah Land Grant Assets to Orion Mine Finance for $1.33 Billion

Occidental Announces Sale of Wyoming, Colorado, and Utah Land Grant Assets to Orion Mine Finance for $1.33 Billion

HOUSTON, Aug. 19, 2020 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced it ha…

UAE mega-merger: Senaat extends offer to combine NPCC and National Marine Dredging

UAE mega-merger: Senaat extends offer to combine NPCC and National Marine Dredging

Oil&Gas


The merger would create a company with integrated 2019 revenue of $2.42 billion

he shareholders of the National Petroleum Construction Company (NPCC) have made an offer to combine the company with the National Marine Dredging Company (NMDC).

Senaat, a …

Dominion Energy Acquires Central Virginia Solar Project

Dominion Energy Acquires Central Virginia Solar Project

RICHMOND, Va. , Aug. 17, 2020 /PRNewswire/ — Dominion Energy (NYSE: D) announced…

Tokyo Gas America Acquires the Aktina Solar Project

Tokyo Gas America Acquires the Aktina Solar Project

Solar Industry


Marathon Capital LLC, a financial advisory and investment banking firm, says Tokyo Gas America Ltd., a wholly owned subsidiary of Tokyo Gas Co. Ltd., has acquired Hecate Energy LLC‘s Aktina Solar Project. Aktina is a …

Brookfield Wants to Buy Blackstone’s 41% Stake in Cheniere Energy Partners

Brookfield Wants to Buy Blackstone’s 41% Stake in Cheniere Energy Partners

Alternative asset manager Brookfield Asset Management (NYSE: BAM) is reportedly negotiating …

Global oil & gas industry M&A deals total $23.95bn in Q2 2020

Global oil & gas industry M&A deals total $23.95bn in Q2 2020

Oil & Gas


The value increased 114.2% over the previous quarter, but a drop of 68.8% compared to the previous four-quarter average

Total oil & gas industry M&A deals in Q2 2020 worth $23.95bn were announced globally, according to GlobalData’s …

TransAtlantic Petroleum Announces Entry into Agreement and Plan of Merger and Loan and Security Agreement

TransAtlantic Petroleum Announces Entry into Agreement and Plan of Merger and Loan and Security Agreement

HAMILTON, Bermuda, Aug. 07, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: T…

Presidio Petroleum Completes Acquisition of Assets from Templar Energy in Partnership with Morgan Stanley Energy Partners

Presidio Petroleum Completes Acquisition of Assets from Templar Energy in Partnership with Morgan Stanley Energy Partners

Transaction is the third acquisition by Presidio since 2018 and represents an expansion from…

WhiteWater Midstream Announces Strategic Joint Venture to Provide Permian Basin NGL Transportation Solutions

WhiteWater Midstream Announces Strategic Joint Venture to Provide Permian Basin NGL Transportation Solutions

WhiteWater Midstream (WhiteWater), MPLX LP (NYSE: MPLX) and West Texas Gas, Inc. (WTG) have r…

Riviera Resources Reports Second Quarter 2020 Results and Announces Sale of Certain Anadarko Basin Properties for Approximately $16 Million

Riviera Resources Reports Second Quarter 2020 Results and Announces Sale of Certain Anadarko Basin Properties for Approximately $16 Million

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“R…

Devon Energy provides Barnett update, announces special dividend and outlines next steps in cost-reduction plan

Devon Energy provides Barnett update, announces special dividend and outlines next steps in cost-reduction plan

BOE


KEY HIGHLIGHTS

  • Accelerating Barnett Shale closing to Oct. 1, 2020, from previously scheduled date of Dec. 31, 2020
  • Board of directors declares a $100 million special dividend in conjunction with Barnett closing
  • Expect to achieve $300 million of sustainable
CenterPoint Energy announces Indiana Electric and Houston Electric to combine into one Electric organization

CenterPoint Energy announces Indiana Electric and Houston Electric to combine into one Electric organization

HOUSTON , Aug. 3, 2020 /PRNewswire/ — Consistent with CenterPoint Energy’s focus on…

Chesapeake Utilities Corporation Completes Acquisition of Elkton Gas

Chesapeake Utilities Corporation Completes Acquisition of Elkton Gas

DOVER, Del. , Aug. 3, 2020 /PRNewswire/ — Chesapeake Utilities Corporation (Chesape…

Reset Energy Announces Acquisition of Heroes Energy Solutions

Reset Energy Announces Acquisition of Heroes Energy Solutions

MIDLAND, Texas , Aug. 3, 2020 /PRNewswire/ — Reset Energy, LLP announced today the …

Marathon Petroleum Corp. Announces Agreement for $21 Billion Sale of Speedway

Marathon Petroleum Corp. Announces Agreement for $21 Billion Sale of Speedway

360 Feed Wire


FINDLAY, Ohio, Aug. 2, 2020 /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced that it and certain of its subsidiaries have entered into a definitive agreement with 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven …

Shell Australia to acquire environmental services firm Select Carbon

Shell Australia to acquire environmental services firm Select Carbon

Reuters


Aug 3 (Reuters) – Royal Dutch Shell’s Australia unit said on Monday it will buy environmental services firm Select Carbon as it seeks to cut back its emissions and expand its low-carbon and renewable power business.

Shell did not …

7-Eleven, Inc. Transforms its U.S. Store Network Through Acquisition of Speedway

7-Eleven, Inc. Transforms its U.S. Store Network Through Acquisition of Speedway

IRVING, Texas , Aug. 2, 2020 /PRNewswire/ — 7-Eleven, Inc. (“7-Eleven”), the premie…

National Fuel Completes Acquisition of Shell’s Integrated Upstream and Midstream Assets in Pennsylvania

National Fuel Completes Acquisition of Shell’s Integrated Upstream and Midstream Assets in Pennsylvania

WILLIAMSVILLE, N.Y., July 31, 2020 (GLOBE NEWSWIRE) — National Fuel Gas Company (NYSE: NFG…

Pelican Energy Partners Announces Acquisition of Noralis as Part of Gordon Technologies Platform

Pelican Energy Partners Announces Acquisition of Noralis as Part of Gordon Technologies Platform

HOUSTON , July 31, 2020 /PRNewswire/ — Pelican Energy Partners LP (“Pelican”) is pleased…

Northern Oil and Gas, Inc. Announces Multiple Acquisitions and Additional Balance Sheet Enhancement

Northern Oil and Gas, Inc. Announces Multiple Acquisitions and Additional Balance Sheet Enhancement

HIGHLIGHTS Acquisitions in total consist of 400 net acres, 0.7 net producing wells, 1…

EnergyNet Indigo – Chevron Carter Knox Field Opportunity

EnergyNet Indigo – Chevron Carter Knox Field Opportunity

Opportunity Highlights:

  • Operations in Carter Knox Field:
    • Average WI 49.1871% / Average NRI 41.9806%
    • 52 Producing Wells | 6 Shut-In Wells | 2 Temporarily Abandoned Wells
    • Producing from the Hunton, Sycamore, Viola, Bromide, Goddard, Morrow and Woodford Formations
  • EN Indigo -oilandgas360Non-Operated Working
Riviera Resources Announces Sale of North Louisiana Properties for $26.5 Million

Riviera Resources Announces Sale of North Louisiana Properties for $26.5 Million

HOUSTON, July 28, 2020 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“R…

Altius to Acquire Additional Royalty Interests from Liberty Metals & Mining Holdings, LLC

Altius to Acquire Additional Royalty Interests from Liberty Metals & Mining Holdings, LLC

(TSX: ALS; OTCQX: ATUSF) Altius Minerals Corporation (“Altius”) reports that …

Noble Energy’s buyout: what it means for Cyprus’ gas

Noble Energy’s buyout: what it means for Cyprus’ gas

Cyprus Mail


Oil & Gas 360 Publishers Note: This is part a larger issue going on in the Mediterranean. There are many countries trying to jockey for the lowest cost, and long term, acquisition of natural gas. This is causing

NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

Nasdaq


Energy provider NRG Energy (NYSE: NRG) has announced it is acquiring Direct Energy, a North American subsidiary of U.K.-based Centrica PLC (OTC: CPYYF). The all-cash deal is for $3.625 billion, and is expected to close by the end …