North America

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Dec. 2, 2020

Here’s a snapshot of recent energy deals including the closing of Southwestern Energy’s acquisition of Montage Resources plus the $44 billion all-stock merger of S&P Global and IHS Markit.

December 2, 2020

Transactions , Midstream

Sempra to Buy Remaining Stake in Mexican Unit in $5.81 Billion Deal

Sempra will combine IEnova with Sempra LNG.

December 2, 2020

Private Equity , Midstream

EnCap Flatrock Backs Humble Midstream with $300 Million Commitment

Humble Midstream is a Denver-based independent energy company led by CEO Steve Huckaby, a 38-year industry veteran who most recently served as CEO of Meritage Midstream.

December 1, 2020

Investment , Acquisitions & Divestitures

BMO to Exit US Oil and Gas Investment Banking Business

BMO will wind down its investment and corporate energy banking units outside Canada to focus on the oil and gas business at home, where it sees better opportunities, a spokesman said in a statement.

December 1, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Nov. 30, 2020)

The number of rigs operating in the U.S. rose for the 10th straight week after hitting a record low in August.

November 30, 2020

Liquefied Natural Gas (LNG) , Construction

Sempra Makes World’s Only 2020 FID for an LNG Project

Costa Azul LNG plant in Mexico had waited all year for an export permit from the Mexican government.

November 17, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Nov. 16, 2020)

The U.S. rig count rose by 10 last week.

November 16, 2020

Public Capital , People , Exploration & Production , Shale Plays

Shale Producer Ovintiv Promotes Brendan McCracken to President

Brendan M. McCracken succeeds Michael McAllister, Ovintiv’s former president who retired in June after 20 years with the company and nearly 40 years in the industry.

November 12, 2020

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Nov. 11, 2020

Here’s a snapshot of recent energy deals including the merger of Denver-Julesburg Basin producers Bonanza Creek Energy and HighPoint Resources in a $376 million deal.

November 11, 2020