Energy Transfer agreed on Sept. 16 to acquire Tulsa, Okla.-based SemGroup in a cash and stock transaction valued at roughly $5.1 billion.
The 24th edition of the World Energy Congress shined the lights on critical issues facing the energy sector, and key requirements to unlock potential and abundant opportunities.
The all-equity deal follows an already blockbuster year for Viper Energy Partners including the $700 million dropdown acquisition the company announced in July.
Alta Mesa Resources, a Houston-based independent which bet big on Oklahoma’s Stack, joins a growing number of U.S. shale producers that have filed for bankruptcy so far this year.
In a basin full of bigs, the combination of Eclipse Resources and Blue Ridge Mountain Resources to form Montage Resources creates a compelling gas and liquids growth story despite commodity headwinds. The question: Will Wall Street notice?
Northern Oil and Gas appointed CFO Nicholas O’Grady as president on Sept. 10, filling a position left vacant following the resignation of the Bakken nonop company’s founder last month.
Saudi Aramco's CEO, Amin Nasser, said on Sept. 10 a domestic IPO of the state oil giant would be the primary listing but that it was also ready for an international offering.
The field’s first phase is projected to reach a peak output of 440,000 barrels per day (bbl/d) of oil in summer 2020.