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

October 22, 2021

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.

October 20, 2021

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.

October 20, 2021

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.

October 20, 2021

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.

October 19, 2021

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.

October 18, 2021

People , Acquisitions & Divestitures

On the Move (Week of Oct. 18, 2021)

New hires, promotions and appointments continue to fuel the industry's workforce.

October 18, 2021

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.

October 18, 2021

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.

October 15, 2021

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.”

October 15, 2021