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Exxon Acquires Stake in Enterprise’s Permian Bahia NGL Line for $650 Million
March 26, 2026
Enterprise Products Partners has executed an agreement with ExxonMobil, where ExxonMobil will acquire a 40 percent undivided joint interest (UJI) in Enterprise’s Bahia natural gas liquids (NGL) pipeline. The closing of the transaction is subject to regulatory approvals and is
WhiteHawk Energy to Acquire Natural Gas Mineral and Royalty Interests in Haynesville Shale
March 26, 2026
WhiteHawk Energy has entered into a definitive purchase and sale agreement to acquire natural gas mineral and royalty interests primarily located in the core of the Haynesville Shale in Louisiana and east Texas. “We are pleased to expand our core
Shell, Equinor Complete Formation of JV Company Adura, UK’s Largest Independent North Sea Producer
March 26, 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
Chevron Names Kevin McLachlan to Lead Exploration; Liz Schwarze to Retire
March 26, 2026
Chevron has appointed Kevin McLachlan as vice president of Exploration, effective November 1. McLachlan will oversee the company’s worldwide exploration program. McLachlan will be based in Houston and succeed Liz Schwarze, who is retiring in February after 36 years of
DOE Closes Historic $26.5 Billion Loan Package to Southern Co., Georgia and Alabama
March 25, 2026
U.S. Secretary of Energy Chris Wright said the Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) has closed a historic $26.5 billion loan package to deliver more than $7 billion in electricity cost savings to millions of customers
Peak 10 Acquires Verado Energy’s Eastern Shelf Strawn Assets
March 25, 2026
Peak 10 Energy has closed its acquisition of Midland Basin oil and gas assets (Verado Assets) from Black Topaz Oil & Gas and Blue Topaz Oil & Gas. “This acquisition is a testament to our team’s ability to not only
Energy Vault Acquires McMurtre Battery Energy Storage System, Texas
March 25, 2026
Energy Vault has acquired the McMurtre Battery Energy Storage System (BESS), a 175 MW / 350 MWh battery energy storage project located near Dallas, Texas. The project, acquired from Belltown Power, represents a significant addition to Energy Vault’s growing U.S.
Tamboran Reaches FID on Its Shenandoah South Pilot Project, Australia
March 25, 2026
The Beetaloo joint venture (BJV) has made a final investment decision (FID) for the Shenandoah South Pilot Project, which is currently on track to commence first gas sales from mid-2026. The decision by the BJV to take FID follows the
Comstock Selects Western Haynesville Site to Host Its Texas Natural Gas-Fired Power Generation Hub
March 24, 2026
Comstock Resources said the Western Haynesville will host its Texas Natural Gas-Fired Power Generation Hub in Anderson County Texas. The selection was announced by the United States Department of Commerce in connection with Japan’s $550 billion investment commitment to the
Tidewater to Acquire Wilson’s Brazil Fleet for $500 Million
March 24, 2026
Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações (WSUT) and its affiliate Atlantic Offshore Services at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing
