Matador Resources Company announces contribution of Pronto Midstream, LLC to San Mateo Midstream, LLC
The transaction is expected to close prior to 31 December 2024.
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Equinor and Shell to create the UK’s largest independent oil and gas company
The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.
Edgewater Midstream announces close of acquisition of assets from Shell
Edgewater has announced that it has closed the previously announced acquisition of the Sinco pipeline system and Colex East and Colex West Terminals.
Enbridge announces 2025 financial guidance, 3% dividend increase, and reaffirms near-term growth outlook
Enbridge Inc. has announced its 2025 financial guidance and an annualised common share dividend increase from US$3.66 to US$3.77 per share, or 3.0%, effective 1 March 2025.
INNIO Group acquires Souer
The acquisition marks a significant step in INNIO Group’s go-to-market strategy, enhancing its position in the Asia Pacific region.
Summit Midstream Corporation completes acquisition of Tall Oak Midstream III
Summit Midstream Corporation has announced that it has completed its acquisition of Tall Oak Midstream III.
NNPC scouts financiers for 5120 km pipeline
NNPCL is scouting private financiers to overhaul dormant 5120 km of pipeline network, insisting that the nation’s refineries, being repaired for about US$2.9 billion, are on the verge of taking off.
Reuters: Exxon executive says US oil firms unlikely to go 'drill, baby, drill' under Trump
According to Reuters, a senior executive at Exxon Mobil said that US oil and gas producers remain focused on capital discipline.
EQT announces joint venture with Blackstone for midstream assets
Under the terms of the agreement BXCI will provide EQT US$3.5 billion of cash consideration in exchange for a non-controlling common equity interest in the JV.
EIA: Global natural gas market may experience a tighter supply-demand balance this winter
The US Energy Information Administration (EIA) has reported that if Europe and Asia experience colder temperatures this winter than in the past two years, global supply-demand balances could tighten, leading to elevated natural gas prices and potential price spikes.
Rystad Energy: ‘Trump 2.0. China 3.0 and OPEC+40’
Rystad Energy’s oil market update: 25 November.
ONEOK announces agreement to acquire outstanding shares in EnLink Midstream
ONEOK, Inc. and EnLink Midstream, LLC have announced that they have executed a definitive merger agreement under which ONEOK will acquire all of the outstanding publicly held common units of EnLink for US$4.3 billion in ONEOK common stock.
Progressive Pipeline Management acquired by Platform Partners
The pipeline rehabilitation contractor’s acquisition was announced by Commonwealth M&A.
Global oil and gas contract value declines in 3Q24
Global oil and gas contract value declines despite steady volume in 3Q24, reveals GlobalData.
DT Midstream announces US$1.2 billion acquisition of strategic Midwest FERC-regulated natural gas pipelines
DT Midstream, Inc. has announced that it has reached an agreement to acquire a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK, Inc. for US$1.2 billion.