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Diversified and Carlyle Partner in $1.2 Billion Deal to Acquire Camino’s Anadarko Assets
May 7, 2026
Diversified Energy and global investment firm Carlyle’s Global Credit platform said they have entered into an agreement to acquire certain oil and natural gas properties, along with related assets located in the Anadarko Basin of Oklahoma from Camino Natural Resources
Western Midstream Expands in Delaware Basin with $1.6 Billion Acquisition of Brazos Midstream
May 7, 2026
Western Midstream (WES) has entered into a definitive agreement acquire all of the outstanding equity interests of Brazos Midstream in a transaction valued at approximately $1.6 billion. Under the terms of the agreement, WES will pay approximately $800 million in
U.S. Justice Department Files Complaint to Block Minnesota’s Climate Change Lawsuit
May 6, 2026
The Justice Department has filed a complaint against the state of Minnesota over its attempt to regulate global greenhouse gas emissions, which are subject to exclusive federal authority, and override the policy choices of the United States and other states
U.S., Gulf States Push New UN Resolution Targeting Iranian Mines in Strait of Hormuz
May 6, 2026
The United States is partnering with Bahrain and other Gulf Cooperation Council states on a new U.N Security Council draft resolution requiring Iran to cease laying mines and collecting tolls in the Strait of Hormuz and stop its attacks on
Viper Energy to Aquire Riverbend Oil & Gas Assets for $522 Million
May 5, 2026
Viper Energy, a subsidiary of Diamondback Energy, entered into a definitive purchase and sale agreement to acquire all of the equity interests of Riverbend Oil & Gas IX in exchange for $337 million in cash and approximately 3.7 million shares
Donaldson Completes Acquisition of Facet Filtration
May 5, 2026
Donaldson Company has completed the acquisition of Facet Filtration, an innovator in mission-critical fuel and fluid filtration solutions. Facet is a pioneer in the jet fuel filtration market where its products are utilized at multiple stages of the supply chain
Chevron, Occidental, Woodside Energy Confirm Oil Discovery at Bandit Prospect JV, Gulf of America
May 4, 2026
Chevron has confirmed an oil discovery at the Bandit prospect in the Gulf of America. The exploration well is located in Green Canyon Block 680, about 125 miles south of the Louisiana coast. The well encountered high-quality, full-to-base oil-bearing Miocene
Comstock Selects Western Haynesville Site to Host Its Texas Natural Gas-Fired Power Generation Hub
May 4, 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
Continental Resources Expands Vaca Muerta Position With Pan American Energy Acquisition, Argentina
May 1, 2026
Continental Resources has signed an assets sale and purchase agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina’s Neuquén Basin. “Vaca Muerta is one of the
United Arab Emirates to Leave OPEC May 1, 2026
April 29, 2026
The United Arab Emirates will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world’s largest oil producers, particularly those in the Middle East. The shock announcement Tuesday comes after
