Acquisitions & Divestitures
Policy & Regulations , Acquisitions & Divestitures
S&P Gains EU Approval for $44 Billion Takeover of IHS Markit
The European Commission approved the $44 billion takeover on condition S&P sells IHS Markit’s U.S. Oil Pricing Agency Oil Price Information Service, PetroChemWire and its coal, metals and mining businesses
Exploration & Production , Acquisitions & Divestitures
Australia’s Otto Energy Acquires Interest in South Texas Wells
Otto Energy agreed to participate in two exploration prospects located onshore Texas in Colorado and Lavaca counties testing the Wilcox play.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 20, 2021
Here’s a snapshot of recent energy deals including a $750 million asset sale by Occidental Petroleum plus Citizen Energy’s $153 million expansion in Oklahoma.
Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Upstream M&A Takes a Breather, But Dealmaking Remains Strong
After a barrage of upstream oil and gas deals in 2021, third-quarter transactions cooled, but an $18.5 billion showing still surpassed the five-year average, a recent report says.
Restructurings , People , Infrastructure , Health, Safety & Environment , Acquisitions & Divestitures , Mergers , Joint Ventures , Midstream , Pipelines
Q&A: Significant Midstream Consolidation on the Way
New Sidley partner Trent Bridges shares his thoughts on the strategic outlook for midstream companies, pipeline contracts, M&A, renewable fuels, capital markets and regulations.
Private Equity , Shale Plays , Acquisitions & Divestitures
NGP’s Elk Range Royalties Acquires Core Permian Basin Position
Elk Range Royalties recently said it acquired certain Permian Basin royalty interests from an undisclosed seller evenly split between the Delaware and Midland basins.
People , Acquisitions & Divestitures
On the Move (Week of Oct. 18, 2021)
New hires, promotions and appointments continue to fuel the industry's workforce.
Public Capital , Exploration & Production , Acquisitions & Divestitures
Australian Gas Producer Senex Gets $605 Million Takeover Offer
A POSCO International spokesperson said the company was pursuing an acquisition of Senex as part of its efforts to secure natural gas reserves to replace its existing natural gas sources.
Shale Plays , Acquisitions & Divestitures , Joint Ventures , Gathering & Processing
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Rattler Midstream acquired a minority interest in a gas gathering and processing JV servicing the Midland Basin where Diamondback Energy is deploying a majority of its development capital.
Public Capital , Acquisitions & Divestitures , Midstream
Icahn Seeks Control of Southwest Gas after It Proceeds with Questar Pipelines Acquisition
Activist investor Carl Icahn said he worries Southwest Gas will issue stock at “ridiculously low prices to ‘cherry picked’ friends who will be blindly supportive of CEO John Hester.”