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SilverBow Resources to Acquire Sundance Energy and SandPoint Resources for $425 Million
April 29, 2022
SilverBow Resources, Inc. has entered into a definitive agreement to acquire substantially all of the assets of Sundance Energy and certain affiliated entities for a total purchase price of $354 million and up to $15 million of contingent payments based
Delek Logistics to Acquire 3Bear Energy’s Permian Basin Assets for $624.7 Million
April 29, 2022
Delek Logistics Partners has signed a definitive purchase agreement for the acquisition of 100 percent of the equity interests of 3Bear Delaware Holding, an indirect subsidiary of 3Bear Energy, related to 3Bear’s crude oil and gas gathering, processing, and transportation
ARM Energy Acquires NextEra Energy’s Monument Pipeline for $203 Million
April 29, 2022
ARM Energy Holdings, along with certain of its affiliates, various financial partners, and co-investors has acquired Monument Pipeline, a Houston-based natural gas pipeline, from affiliates of NextEra Energy Partners. Monument provides natural gas transportation and marketing services to end-users in
Oxy Partners with Weyerhaeuser for Carbon Capture Hub in Louisiana
April 29, 2022
Occidental’s Oxy Low Carbon Ventures (OLCV) subsidiary and Weyerhaeuser Company entered into an agreement for the evaluation and potential development of a carbon capture and sequestration project in Livingston Parish, Louisiana. The lease agreement provides OLCV with exclusive rights to
Nabors Invests in Ultra-Deep Geothermal Drilling Technology Innovator, GA Drilling
April 29, 2022
Nabors Industries Ltd. has added to its clean energy portfolio with a US$8 million investment in GA Drilling. This strategic investment expands Nabors’ commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs. GA Drilling, a geothermal technology company with headquarters
PHX Minerals Acquires Chesapeake’s Haynesville Play for $4.3 Million, Louisiana
April 28, 2022
PHX Minerals has made a mineral and royalty acquisition targeting the Haynesville play in Louisiana. PHX has agreed to acquire approximately 477 net royalty acres located in three contiguous sections operated by Chesapeake for aggregate consideration of $4,300,000 in cash
U.S. Authorizes More LNG from Two Plants in Development
April 28, 2022
The U.S. Department of Energy said on Wednesday it authorized additional liquefied natural gas shipments from two plants in construction and development, as Russia’s invasion of Ukraine increases focus on boosting the domestic fossil fuel industry. The department said the
ECOTEC to Partner with Archrock on Methane Emissions Management
April 27, 2022
Ecotec International Holdings made a strategic minority equity investment by Archrock. Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. In addition to the strategic investment, Archrock will also begin offering ECOTEC’s suite of
Advanced Clean Energy Storage Project Receives $500 Million Conditional Commitment from DOE
April 27, 2022
The U.S. Department of Energy’s (DOE) Loan Programs office has issued a conditional commitment to Advanced Clean Energy Storage, Mitsubishi Power Americas, Magnum Development, and Haddington Ventures for up to $504.4 million in debt financing for the Advanced Clean Energy
U.S. Ditches Trump-Era Policies on Arctic Alaska Oil Reserve
April 26, 2022
The Biden administration on Monday overturned a controversial Trump-era policy that would have opened new swathes of Arctic Alaska to oil development. The Bureau of Land Management (BLM), part of the Department of Interior, resurrected Obama-era management policies in the
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