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Vivakor Board Approves Closing of $120 Million Acquisition of Endeavor Entities
September 26, 2024
Vivakor said its board of directors approved the closing of its planned acquisition of Endeavor Crude, Meridian Equipment Leasing, Equipment Transport, and Silver Fuels Processing, and their subsidiaries — Endeavor Entities. The closing will be effective on October 1, 2024.
Diamondback Energy and Kinetik Boost Stake in Permian EPIC Crude Pipeline
September 25, 2024
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have entered into a series of transactions to support the continued growth and strengthened financial profile of EPIC Crude Holdings, an affiliate of EPIC Midstream. The transaction includes: • Diamondback and Kinetik acquired
Quantum Backs Tug Hill Team in New E&P Vickery Energy
September 25, 2024
Quantum Capital Group will back newly formed E&P Vickery Energy Partners, which will focus on acquiring and developing oil and gas assets in the Appalachian Basin and elsewhere. Vickery’s management team is no stranger to Appalachia. The company is led
Tallgrass Launches Open Season for the Pony Express Crude Oil Pipeline
September 25, 2024
Tallgrass Pony Express Pipeline, operated by Tallgrass, has launched a new binding open season for shipper acreage dedications for crude oil transportation from Pony Express’ Carpenter origin in exchange for incentive tariff rates. This open season will run for 30
Trafigura Appoints Richard Holtum as CEO, Jeremy Weir as Chairman
September 25, 2024
Trafigura Group has appointed Richard Holtum as chief executive officer (CEO) effective January 1, 2025 and will join the Trafigura board of directors on October 1, 2024. Jeremy Weir, executive chairman and CEO, will step down from his executive responsibilities
Matador Resources Closes $1.832 Billion Acquisition of Ameredev
September 20, 2024
Matador Resources has closed on it strategic bolt-on acquisition of a subsidiary of Ameredev II from affiliates of EnCap Investments for cash consideration of $1.832 billion. Joseph Wm. Foran, Matador’s founder, chairman, and CEO released the following statement. “On behalf
Honeywell and SAMSUNG E&A Plan Collaboration to Help Reduce Power Plant Emissions
September 20, 2024
Honeywell has entered into a collaborative endeavor with SAMSUNG E&A to jointly market solutions aimed at the hard-to-abate power plant sector globally. The initiative seeks to reduce carbon emissions. It also supports Honeywell’s alignment of its portfolio to three powerful
Golar LNG Enters $1.6 Billion EPC Agreement for FLNG Project
September 20, 2024
Golar LNG Limited has signed an engineering, procurement and construction (EPC) agreement with CIMC Raffles (CIMC) for a MK II floating LNG production (FLNG) vessel with an annual liquefaction capacity of 3.5 MMtpy. Under the agreement with CIMC, Black &
Propflow Names David Ward as Chief Executive Officer
September 20, 2024
Odessa-based PropFlow said David Ward has joined the company as chief executive officer. Ward is responsible for continuing to build out and lead PropFlow’s growing operations as the company provides innovative, patented technology, designed to eliminate debris from proppant at
Permex Petroleum Appoints Richard Little and Kevin Nanke to Board of Directors
September 20, 2024
Permex Petroleum Corporation said the company’s board of directors has approved the appointment of Richard Little and Kevin Nanke to serve on the board. Richard Little is the current CEO of private operator, Fury Resources. Before Fury Resources, Little was
