A partnership consisting of 36 First Nations in British Columbia, Canada, is acquiring a 12.5% stake in the Enbridge Westcoast natural gas pipeline system on traditionally Indigenous land.
Tamboran is selling interest in 100,000 acres to Daly Waters Energy for US$15 million as part of a deal to finalize the checkerboard of their joint acreage position in Australia’s Beetaloo Basin.
Crescent Energy has divested non-operated Permian Basin assets for $83 million as part of the company’s plans to sell $250 million of non-core divestures.
Brookfield Infrastructure Partners LP has agreed to acquire Colonial Enterprises, the owner of the Colonial Pipeline, in a deal valued at $9 billion.
Elk Range Royalties bought 250,000 net royalty acres in the Denver-Julesburg Basin for $905 million from Occidental Petroleum, which is looking to shed debt after last year's acquisition of CrownRock.
Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.
Venture Global’s planned $18 billion expansion of Plaquemines LNG will bring the export facility’s production capacity to 45 million tonnes per annum.
Western Midstream is investing up to $450 million to expand its produced water infrastructure, including the Pathfinder pipeline to transport produced water to disposal facilities in the Delaware Basin.
Ring Energy Inc. is bolting on Lime Rock Resources IV LP’s Central Basin Platform assets for $100 million.
Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
