North America

Public Capital , People , Shale Plays

US Shale Producer Ovintiv Settles Proxy Fight with Kimmeridge Energy

Kimmeridge Energy began its push for changes at Ovintiv in November last year, flagging concerns about the U.S. shale producer’s executive compensation and lack of board refreshment.

March 4, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 3, 2021

Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.

March 3, 2021

Exploration & Production , Policy & Regulations

Mexican President Says Pemex Support Should Aid Exploration, Output

Alongside a recently announced tax break, Lopez Obrador said Pemex would get support of around 100 billion pesos ($4.80 billion).

February 26, 2021

Infrastructure , Midstream

Trans Mountain Seeks to Shield Insurers of Oil Pipeline

Disclosing Trans Mountain’s insurers publicly may result in pressure that shrinks its pool of potential insurers and raises premiums for the oil pipeline and its shippers, the corporation says.

February 25, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 24, 2021

Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.

February 24, 2021

Policy & Regulations , Emissions , Midstream

Biden, Trudeau Move Past KXL Dispute with Climate Change Pledge

U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau made it clear during their first bilateral meeting that they wanted to put the Keystone XL pipeline dispute behind them and work together.

February 24, 2021

Business , Acquisitions & Divestitures , Midstream

Brookfield Formally Launches Hostile Bid to Buy Inter Pipeline for Nearly $6 Billion

Brookfield, which acquires and manages infrastructure assets, is offering CA$16.50 per share for Inter Pipeline, valuing the company at CA$7.08 billion (US$5.62 billion).

February 22, 2021

Liquefied Natural Gas (LNG)

Mexico Begins Receiving LNG as Gas Supply via Pipeline Rises

The government plans to supply the gas to several power plants.

February 19, 2021

Public Capital , Acquisitions & Divestitures , Midstream

Inter Pipeline Launches Review after Rejecting Brookfield’s $6 Billion Bid

Inter Pipeline said on Feb. 18 it has launched a review of options, including a possible ‘corporate transaction,’ just a week after it rejected an unsolicited bid from its largest shareholder.

February 19, 2021

Liquefied Natural Gas (LNG) , Natural Gas , Trade

Mexico Presses US to Guarantee Natural Gas Supplies after Texas Export Ban

Texas Governor Greg Abbott ordered the restrictions on out-of-state supplies of natural gas from Texas through Feb. 21, citing the weather emergency. Mexico is Texas’ main out-of-state customer for gas.

February 18, 2021