Mergers, Acquisitions & Divestitures

Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation

Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie Infrastructure Corporation

Riverstone Holdings LLC Agrees to Buy International-Matex Tank Terminals from Macquarie I…

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc. and Third Quarter Operating and Financial Results

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc. and Third Quarter Operating and Financial Results

Headwater Exploration Inc. Announces Transformational Transaction With Cenovus Energy Inc…

Bonanza Creek buys HighPoint for $376 million after closing Chapter 11

Bonanza Creek buys HighPoint for $376 million after closing Chapter 11

OAG360 Publishers Note: This merger creates a major DJ basin player, and analysts at www.oilandgas360 love BCEI, mininal debt, good mangents. LONG THIS DEAL. For more analysis of this deal, check out our Energy News Beat this afternoon

The

Source: Reuters

Hess Completes Sale of Interests in Shenzi Field, Gulf of Mexico

Hess Corporation (NYSE: HES) announced today that it has completed the previously annou…

Rumor – Total looks to sell its stakes in a number of oil fields in Angola – helps cashflow and change of direction

Rumor – Total looks to sell its stakes in a number of oil fields in Angola – helps cashflow and change of direction

EnergyMix

Total intends to sell the shares it holds in certain oil fields in Angola in order to concentrate more on larger and more profitable fields. This should above all facilitate the transition to renewable energies within the company.

According …

Clearway Energy, Inc. Reports Third Quarter 2020 Financial Results

Clearway Energy, Inc. Reports Third Quarter 2020 Financial Results

Signed agreements with Clearway Group (CEG) to acquire the Repowered 160 MW Langford Wi…

Chesapeake Utilities Corporation Subsidiary Acquires Western Natural Gas Company

Chesapeake Utilities Corporation Subsidiary Acquires Western Natural Gas Company

Chesapeake Utilities Corporation Subsidiary Acquires Western Natural Gas Company …

Denbury Reacquires the NEJD and Free State CO2 Pipelines

Denbury Reacquires the NEJD and Free State CO2 Pipelines

PLANO, Texas, Nov. 04, 2020 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (“Denbury&#…

Shell to divest 8 refineries from its portfolio -that will help cashflow

Shell to divest 8 refineries from its portfolio -that will help cashflow

BIC

Shell plans to reduce its refinery portfolio to six sites from 14 by 2025, the company said on Thursday in its third-quarter results announcement for 2020.

The company said it will transform its refining portfolio from the current 14 …

Leading Pipeline Company, Energy Transfer, to Purchase Low-Cost Power from Recurrent Energy’s Maplewood 2 Solar Project, Now Under Construction in West Texas

Leading Pipeline Company, Energy Transfer, to Purchase Low-Cost Power from Recurrent Energy’s Maplewood 2 Solar Project, Now Under Construction in West Texas

Energy Transfer and Recurrent Energy Demonstrate the Benefits of a Symbiotic Relation…

Baker Hughes enters renewable technology space, acquiring carbon capture company Compact Carbon Capture (3C)

Baker Hughes enters renewable technology space, acquiring carbon capture company Compact Carbon Capture (3C)

OAG360 Publishers Note: Major shift from a US service provider, but OAG360 likes the deal.  Oilfield service should be leaders in technology, and as we say everyday on our Energy News Beat show, capital is being tied heavily …

Lufkin Industries Acquires North American Rod Lift Business of Schlumberger N.V.

Lufkin Industries Acquires North American Rod Lift Business of Schlumberger N.V.

Lufkin Industries Acquires North American Rod Lift Business of Schlumberger N.V. …

NuStar Energy Announces Sale of Its Texas City Terminals to BWC Terminals

NuStar Energy Announces Sale of Its Texas City Terminals to BWC Terminals

Proceeds to Be Used to Improve Debt Metrics and Self-funding of Capital Program …

Xebec Expands Cleantech Service Network with Acquisition of Pennsylvania Based The Titus Company

Xebec Expands Cleantech Service Network with Acquisition of Pennsylvania Based The Titus Company

– Fifth acquisition in Xebec’s strategy to rapidly expan…

Dominion Energy Closes on Sale of Majority of Gas Transmission & Storage Assets

Dominion Energy Closes on Sale of Majority of Gas Transmission & Storage Assets

Dominion Energy Closes on Sale of Majority of Gas Transmission & Storage Assets …

Shell Acquires Full Control of Chinese Gas Station Joint Venture

Shell Acquires Full Control of Chinese Gas Station Joint Venture

Bloomberg

Oil & Gas 360 Publishers Note: This purchase seems to fly in the opposite direction from the Shell’s charted course – Now if they are planning to retro-fit to electric or hydrogen filling stations, this might be just the

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Heartland Group and Barron Petroleum Form Joint Venture

Heartland Group and Barron Petroleum Form Joint Venture PR Newswire FORT WO…

Genalta Power Inc. and Capstone Infrastructure Corporation Announce Strategic Alliance

Genalta Power Inc. and Capstone Infrastructure Corporation Announce Strategic Alliance

Genalta Power Inc. and Capstone Infrastructure Corporation Announce Strategic Alliance …

Toby Rice, president and CEO of EQT Corp., photographed July 15, 2019.
JOE WOJCIK

EQT closes deal to buy Chevron’s gas assets for $735mm in Appalachia

OAG360 Publishers Note: We wont take full credit, but we will take most of the credit for calling this back on Friday when reports leaked that EQT had sent paperwork over to CNX. Watch out Daily Energy WrapUp everyday …

Quarles Petroleum Acquires Dixie Gas & Oil Corporation

Quarles Petroleum Acquires Dixie Gas & Oil Corporation

Quarles Petroleum Acquires Dixie Gas & Oil Corporation Quarles Petroleum Ac…

Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base

Contango Oil & Gas Company and Mid-Con Energy Partners, LP Announce Strategic Merger Continuing Contango’s Consolidation Strategy; Contango Announces Related Increase in Borrowing Base

FORT WORTH, Texas and TULSA, Okla., Oct. 26, 2020 (GLOBE NEWSWIRE) — Contango Oil & Ga…

Cenovus and Husky Combine to Create a Resilient Integrated Energy Leader

Cenovus and Husky Combine to Create a Resilient Integrated Energy Leader

CALGARY, Alberta, Oct. 25, 2020 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: C…

EQT seeks to acquire CNX Resources – Bloomberg

EQT seeks to acquire CNX Resources – Bloomberg

(Bloomberg) — EQT Corp., the biggest producer of U.S. natural gas, is seeking to acquire rival CNX Resources Corp., according to people familiar with the matter, as M&A accelerates in the distressed shale patch.

EQT recently sent a takeover proposal …

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipeline Terminal Facilities

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipeline Terminal Facilities

Adams Resources & Energy, Inc. Completes Acquisition Of VEX Pipeline And Related Pipe…

NGX Energy Sells Oil & Gas Interests in Argentina

NGX Energy Sells Oil & Gas Interests in Argentina

NGX Energy Sells Oil & Gas Interests in Argentina NGX Energy Sells Oil &amp…

Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy

Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy

360 Feed Wire

Dallas and Austin, Texas, October 20, 2020 – Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) and Parsley Energy, Inc. (NYSE:PE) (“Parsley”) today announced that they have entered into a definitive agreement under which Pioneer will …

Source: Reuters

Total’s Cray Valley resins business in France not for sale

Reuters


PARIS – Oil and gas group Total TOTF.PA said on Tuesday its Societe Cray Valley business, the French offshoot of its resins operations, was not up for sale.

Reuters reported earlier in October that Total was launching a sale …

Pioneer Natural Resources in talks to buy Parsley – reports

Pioneer Natural Resources in talks to buy Parsley – reports

OAG360 Publishers Note: This rumor comes as little surprise to the OAG360 analyst team, with Pioneer CEO Scott Sheffield in talks to purchase Chairman of the Board for- Parsley Bryan Sheffield’s company.  We expect low premium deal (smaller than what

Valeura Energy Inc. Announces Agreement to Sell Shallow Conventional Assets

Valeura Energy Inc. Announces Agreement to Sell Shallow Conventional Assets

AGREEMENT TO SELL SHALLOW CONVENTIONAL ASSETS FOR UP TO US$18 MILLION CALGARY, AB / ACCE…

Algonquin Completes ESSAL Acquisition

Algonquin Completes ESSAL Acquisition

Algonquin Completes ESSAL Acquisition PR Newswire OAKVILLE, ON, Oct. 19, 20…