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Diversified to Acquire Sheridan’s East Texas Gas Assets for $245 Million
May 14, 2026
Diversified Energy has executed a purchase and sale agreement for the acquisition of high-working interest, natural gas properties and related facilities located in east Texas from Sheridan Production for $245 million. “The target assets are a perfect fit with our
Antin Infrastructure Partners Acquires Sapphire Gas Solutions from Apollo Funds
May 14, 2026
Antin Infrastructure Partners has acquired Sapphire Gas Solutions, a vertically integrated provider of compressed natural gas (CNG) and liquified natural gas (LNG) solutions, from funds managed by affiliates of Apollo. The acquisition is being made by Antin’s flagship fund V.
Fermi Establishes New Headquarters in Dallas, Makes New Leadership Initiatives
May 14, 2026
Fermi has made a series of strategic and leadership initiatives under a new phase of the company’s evolution as it continues to progress along its path to becoming a mature, established entity, well positioned for long-term, sustainable growth. Following notable
Shell to Acquire Canadian Energy Company ARC Resources for $16 Billion
May 14, 2026
Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. “ARC is a high-quality, low-cost and top quartile low carbon intensity producer operating in
Shell, Equinor Complete Formation of JV Company Adura, UK’s Largest Independent North Sea Producer
May 14, 2026
Shell and Equinor have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the largest independent producer in the UK North Sea. Neil McCulloch, who will
Kongsberg Digital, AIQ Enter Collaboration Agreement to Drive AI-powered Optimization for Drilling
May 14, 2026
Kongsberg Digital and AIQ have signed a strategic collaboration agreement to drive AI-powered optimization for drilling operations. The collaboration combines Kongsberg Digital’s industrial and domain knowledge with AIQ’s expertise in developing AI technology to explore the potential co-design and delivery
ExxonMobil Adds Former Phillips 66 CEO Greg Garland to Board of Directors
May 14, 2026
ExxonMobil said Gregory Garland has been elected to its board of directors. “Greg brings to the ExxonMobil board more than a decade of experience as the CEO of respected industry companies,” said ExxonMobil Chairman and CEO Darren Woods. “All of
Pembina Pipeline Green Lights Two Projects in B.C. and Alberta, Canada
May 13, 2026
Calgary-based Pembina Pipeline Corp. says it has decided to proceed with two pipeline expansion projects in British Columbia and Alberta. Pembina says the two pipeline expansions it has sanctioned represent a total investment of $425 million and are set to
Ovintiv Closes $2.85 Billion Sale of Its Anadarko Assets, Oklahoma
May 13, 2026
Ovintiv has closed on the all cash sale of its Anadarko assets, located in Oklahoma, for $3 billion. After customary closing adjustments, proceeds from the sale are expected to total approximately $2.85 billion. “The Anadarko sale completes the transformation of
Baker Hughes Secures Strategic Gas Technology Order Supporting Argentina’s Gas Infrastructure
May 13, 2026
Baker Hughes said it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. “This award underscores our continued focus on supporting critical gas infrastructure
