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Crescent Energy to Acquire Permian’s Vital Energy in $3.1 Billion Deal
August 27, 2025
Crescent Energy and Vital Energy have entered into a definitive agreement where Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1 billion. The combined company will be led by a management team and board with deep operating
North Dakota Approves $500 Million to Advance WBI Energy’s Bakken East Pipeline
August 27, 2025
The North Dakota Industrial Commission acted to support the construction of a natural gas pipeline, directing the North Dakota Pipeline Authority executive director to begin contract discussions with WBI Energy Transmission for the purpose of purchasing transport capacity, a critical
Woodside Scores Win with Court Ruling for Scarborough Project, Western Australia
August 27, 2025
Woodside said it welcomes the Federal Court’s decision confirming the validity of the National Offshore Petroleum Safety and Environmental Management Authority’s acceptance of the Scarborough Offshore Facility and Trunkline (Operations) Environment Plan. The Scarborough Operations EP was the final Commonwealth
FERC Approves Construction Schedule for Glenfarne’s Texas LNG Project
August 26, 2025
The Federal Energy Regulatory Commission has re-issued the final order authorizing the construction and operation of the Texas LNG Project and approved the project’s construction schedule. FERC issued the final order on Thursday, August 21, 2025, three months ahead of
DOI Reopens the Santa Ynez Unit in the Pacific to Oil Production
August 26, 2025
The Interior Department’s Bureau of Safety and Environmental Enforcement has reopened the Santa Ynez Unit of the Pacific oil-producing region, which holds an estimated 190 million barrels of recoverable potential — 80 percent of residual Pacific reserves and about 3
Pennsylvania Continues to Advance Its SPEED Permits Initiative, Launches Additional Permits
August 26, 2025
The Shapiro administration said companies can now request expedited reviews of air quality, dam safety, oil and gas well pad construction, wetland and waterway encroachment, and additional erosion and sedimentation permit applications under the Pennsylvania Department of Environmental Protection’s Streamlining
EON Resources to Acquire South Justis Field in the Permian Basin in Lea County, New Mexico
August 25, 2025
EON Resources subsidiary EON Energy has entered into a purchase and sale agreement with WPP NM and Northwest Central to acquire all of their respective interests in the South Justis Field located in the Permian Basin in Lea County, New
August 26: BLM to Hold Geothermal Lease Sale in California
August 25, 2025
The Bureau of Land Management will hold a competitive geothermal lease sale on Tuesday, August 26, 2025, offering 13 parcels totaling 23,000 acres across Imperial, Lassen, and Modoc counties. The auction will be held online via EnergyNet. The open bidding
DOI Releases Updates on Commingling Policy to Strengthen Energy Production and Safety
August 25, 2025
The Department of the Interior is updating oil and gas commingling rules to align with the One Big Beautiful Bill Act. The updates, led by the Bureau of Safety and Environmental Enforcement, or BSEE, and the Bureau of Land Management,
Vermilion Energy Closes on $302 Million Sale of Its Saskatchewan Assets
August 22, 2025
Vermilion Energy has closed on the sale of its Saskatchewan assets for gross proceeds of $302 million (CAD$415 million). The assets are comprised of approximately 10,500 boe/d (86 percent oil and liquids) of non-core light oil production in Saskatchewan and
