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.
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.
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.
Exploration & Production , Crude Oil
Mexican Oil Output Slightly Below Target Agreed with OPEC+
Mexico’s output totaled about 1.72 MMbbl/d.
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.
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.
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.
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.
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.
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.