TotalEnergies Enters 10-Year LNG Supply Deal with Indian E&P

Commencing in 2026, TotalEnergies will supply Gujarat State Petroleum Corp. with 400,000 tons of LNG, amounting to six cargoes per year, to terminals on India's west coast.

Entergy, KMI Agree to Supply Golden Pass LNG with NatGas

Gas utility company Entergy will tie into Kinder Morgan’s Trident pipeline project to supply LNG terminal Golden Pass LNG.

Elliott Demands Phillips 66 Sell or Spin Off Midstream Biz for $40B+

Activist investor Elliott Capital Management disclosed Feb. 11 it has built a $2.5 billion position in Phillips 66 and issued a series of initiatives, including the sale or spinning off of the company’s midstream assets.

EON Deal Adds Permian Interests, Restructures Balance Sheet

EON Resources Inc. will acquire Permian overriding royalty interests in a cash-and-equity deal with Pogo Royalty LLC, which has agreed to reduce certain liabilities and obligations owed to it by EON.

Chevron Completes Farm-In Offshore Namibia

Chevron now has operatorship and 80% participating interest in Petroleum Exploration License 82 offshore Namibia.

PrairieSky Buys Canadian Mineral Interests in Deals Totaling $57MM

PrairieSky Royalty Ltd. acquired royalty interests in December and January deals in Alberta and Saskatchewan, Canada.

Hart Energy Acquired by Crain Communications Inc.

Hart Energy has been acquired by privately held publisher Crain Communications Inc.

PE Firm Bluewater to Sell Apex International Energy

Since Bluewater first invested in Apex International Energy in 2018, the company has grown to be one of the top 10 upstream producers in Egypt.

Energy Transfer Signs First Deal to Supply Data Center with NatGas

Energy Transfer LP agreed to provide up to 450,000 MMBtu/d of natural gas to CloudBurst Data Centers Inc.’s flagship AI-focused development in Central Texas.

Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin

Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.