North America

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of May 5, 2021

Here’s a snapshot of recent energy deals including a Bakken deal between Oasis Petroleum and Diamondback Energy plus the sale of Hunt Oil’s Permian Basin asset in a transaction believed to be worth over $1 billion.

May 5, 2021

Private Equity , Energy Transition

EnCap Raises $1.2 Billion for Firm’s First Energy Transition Fund

EnCap Investments has already deployed capital from its first energy transition fund in five platform investments in the battery storage, distributed power and utility-scale solar and wind sectors.

May 5, 2021

Technology , Acquisitions & Divestitures

Stage 3 Separation Acquires BOS Solutions, Becomes Large Multibasin Independent

Acquisition of BOS Solutions Inc. makes Stage 3 Separation one of the largest independent players in solids control management across North America.

April 30, 2021

Exploration & Production , Crude Oil

Mexican Oil Output Slightly Below Target Agreed with OPEC+

Mexico’s output totaled about 1.72 MMbbl/d.

April 27, 2021

Legislation , International

Mexican Congress Approves Changes to Energy Law, Fueling Risks for Private Companies

President López Obrador seeks to reverse liberalization of the energy market to benefit Pemex.

April 23, 2021

Policy & Regulations , Construction , Pipelines

Michigan Regulator to Weigh Climate Impact of Enbridge’s Line 5 Pipeline

Michigan state regulators rejected calls to review Enbridge’s entire Line 5 pipeline, and said it would limit the scope of its review to the four-mile section being rehoused in an underwater tunnel.

April 22, 2021

Exploration & Production , Natural Gas , Shale Plays

Summer Outlook Appears Favorable for US Natgas Production, LNG Exports

A myriad of potential risks to production, however, are at play, according to analysts.

April 21, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 21, 2021

Here’s a snapshot of recent energy deals including a new JV formed by Vortus Investment Advisors to develop oil-rich assets in the Permian Basin in New Mexico’s Eddy County.

April 21, 2021

Earnings , Shale Plays , Technology

Halliburton, Baker Hughes First-quarter Earnings Beat Estimates

U.S.-based oilfield service firms Baker Hughes and Halliburton beat Wall Street expectations for first-quarter earnings, showing signs of recovery for North American oil markets.

April 21, 2021

Shale Plays , Construction

Midstream Business Construction Projects: Permian Pipeliners Push Forward

From the effects of Keystone XL and President Joe Biden’s executive orders to updates on Permian Basin infrastructure, here’s a roundup of midstream construction projects across North America for November 2020 to March 2021.

April 20, 2021