Excelsior Energy Capital Acquires 25 MW Operating Solar Project
The Project also has a 25-year power purchase agreement with the Imperial Irrigation District, with a remaining contract term of just under 20 years.
April 24, 2019
Acquisitions & Divestitures
Shell Reportedly In Talks To Buy BP Stake In North Sea Gas Field
Shell is in talks to buy BP's stake in the Shearwater oil and gas field in the British North Sea for around $250 million, three industry sources told Reuters.
April 24, 2019
Occidental Petroleum Kicks Off Anadarko Bidding War With Chevron
Occidental Petroleum launched a $57 billion takeover bid for Anadarko Petroleum on April 24, trumping Chevron’s offer for The Woodlands, Texas-based independent announced earlier this month.
April 24, 2019
Duke Energy Contracts 600 Megawatts Of Solar From 14 Projects In Carolinas
Accion Group, the independent administrator of the procurement, issued a report saying customers will see savings of around $375 million over the 20-year contract period versus the company’s avoided cost.
April 23, 2019
Public Capital , People , Exploration & Production , Natural Gas , Shale Plays , Acquisitions & Divestitures , Joint Ventures
Executive Q&A: Jerry Jones
The career oil and gas man has put his money on U.S. natural gas via Comstock Resources Inc. and the Haynesville Shale.
April 23, 2019
Partners Group To Buy Norway's CapeOmega In $1.4 Billion Deal
Partners Group, which manages $84 billion worth of assets, said it was looking to make more acquisitions in Norway.
April 23, 2019
Murphy Oil To Buy LLOG Deepwater Gulf Of Mexico Assets For Up To $1.6 Billion
The acquisition from LLOG Exploration and its affiliates is expected to strengthen Murphy’s GoM portfolio at a “very attractive price,” Murphy Oil CEO Roger W. Jenkins says.
April 23, 2019
Northern Oil And Gas Lands Williston Basin Acquisition Worth Over $310 Million
Northern Oil and Gas agreed to buy the Williston Basin properties of a Flywheel Energy subsidiary consisting of roughly 18,000 net acres and 6,600 boe/d of production.
April 22, 2019
Pin Oak Energy Continues Utica Buying Spree with Protégé Deal
Pin Oak Energy Partners tacked on nearly 10,000 net acres to its Utica Shale position in the Appalachian Basin as part of a recent acquisition from EnCap-backed Protégé Energy.
April 22, 2019
Angola's Sonangol Plans To Downsize To Focus On Core Oil Business
Instead of investing in Australia or the U.S., Sonangol wants to become an oil company of reference in the African continent, says the company's chairman added that this is a major change.
April 22, 2019