Sunday, July 12, 2026

M&A

OPEC+ likely to raise output targets by 188,000 bpd in August- oil and gas 360

Activist investors make bigger push for campaigns in H1, seek more M&A

(BOE Report) – Activist investors pushed global companies more aggressively in the second quarter to make changes and lifted the overall pace of campaigns in the first half of 2026, Barclays data showed, as their biggest demand was for businesses to sell themselves in a rebounding deal market. Compared with the first half of 2025, activists such as Elliott Investment

How a NextEra–Dominion Deal Gets Done: What Antitrust Actually Looks At, and What History Says Happens After- oil and gas 360

How a NextEra–Dominion deal gets done: What antitrust actually looks at, and what history says happens after

(Oil & Gas 360) By Greg Barnett – The proposed combination of NextEra Energy and Dominion Energy is the kind of transaction that immediately triggers a visceral reaction. The scale is enormous, the assets are critical to national infrastructure, and the timing coincides with a surge in electricity demand tied to artificial intelligence and data centers. The instinctive question is whether

US oil M&A slide from 2023 highs as buyers focus on value over volume- oil and gas 360

US oil M&A slide from 2023 highs as buyers focus on value over volume

(BOE Report) – Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while others curb their appetite for takeovers due to weak oil prices and trade uncertainty. Oil companies have

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million- oil and gas 360

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

(World Oil) – Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first

Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports- oil and gas 360

Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports

(BOE Report) – Diamondback Energy is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. Last year, Reuters reported that Double Eagle was exploring a sale of its Permian Basin-based producer in a deal that could be worth

Diversified expands asset base, density, and commodity mix with acquisition of liquids rich Maverick Natural Resources- oil and gas 360

Diversified expands asset base, density, and commodity mix with acquisition of liquids rich Maverick Natural Resources

(Oil & Gas 360) – Financial and Strategic Accretive Acquisition Provides Opportunity for 95% Increase in Revenue, Enhanced Margins, Expense Synergies, and 55% Increase in Free Cash Flow Unique & Differentiated Business Model Offers Reliable Production, Multi-Basin Commodity Diversification, and Strong Hedging Program that Enables Consistent Free Cash Flows Significant Operating Scale Provides Optionality for Organic Growth Through Established Low-Risk, High-Return

Kimbell Royalty Partners completes $230 million Midland basin acquisition- oil and gas 360

Kimbell Royalty Partners completes $230 million Midland basin acquisition

(World Oil) – Kimbell Royalty Partners, LP has closed the previously announced purchase of mineral and royalty interests held by a private seller in a cash transaction valued at approximately $230 million, subject to post-closing adjustments. Kimbell owns oil and gas mineral and royalty interests in over 17 million gross acres in 28 states. The purchase price of the acquisition was funded through

AI, carbon reduction, and M&A are top oil and gas trends to watch in 2025, new report says-oil and gas 360

AI, carbon reduction, and M&A are top oil and gas trends to watch in 2025, new report says

(World Oil) – According to a new report from national law firm Lathrop GPM, oil and gas (O&G) decision makers are grappling with carbon reduction initiatives and artificial intelligence (AI) readiness—as well as continuing to evaluate potential mergers and acquisitions (M&A) to drive new efficiencies—amid ongoing economic, geopolitical and regulatory uncertainty. This year’s annual report, “2025 Oil and Gas Outlook

GeoPark announces plans to acquire Repsol upstream assets in Colombia- oil and gas 360

GeoPark announces plans to acquire Repsol upstream assets in Colombia

(World Oil) – GeoPark has announced the signing of Sales and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol upstream oil and gas assets in Colombia. The potential acquisition would incorporate high-quality assets located in the prolific Llanos Basin, one of Colombia’s most productive oil regions where GeoPark is already a well-established operator both

PetroTal completes acquisition of Peru Block 131- oil and gas 360

PetroTal completes acquisition of Peru Block 131

(World Oil) – PetroTal Corp. has successfully acquired 100% working interest in Peru Block 131, following its acquisition of CEPSA Peruana, the Peruvian business unit of Compañía Española de Petróleos (CEPSA). The Los Angeles oil field at Block 131 was discovered by CEPSA Peru in 2013. “The acquisition of Block 131 represents an important milestone for PetroTal, and a pivotal step

ConocoPhillips completes acquisition of Marathon Oil Corporation- oil and gas 360

ConocoPhillips completes acquisition of Marathon Oil Corporation

(Oil& Gas 360) – HOUSTON–(BUSINESS WIRE)–ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework,” said Ryan Lance, chairman and chief executive officer. “Marathon Oil adds high-quality, low cost of supply inventory

Coterra announces accretive Permian Basin acquisitions- oil and gas 360

Coterra announces accretive Permian Basin acquisitions

(Oil & Gas 360) – HOUSTON–(BUSINESS WIRE)– Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of $3.95 billion, consisting of $2.95 billion of cash and $1.0 billion of Coterra common stock, issued to one