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TC Energy Appoints Sean O’Donnell as Executive Vice-President and Chief Financial Officer
April 4, 2024
TC Energy’s board of directors has appointed Sean O’Donnell as executive vice-president and chief financial officer (CFO) effective May 15, 2024. O’Donnell is currently senior vice-president, Capital Markets and Corporate Planning and will succeed Joel Hunter. Hunter will remain with
BOEM Announces Next Steps in National Outer Continental Shelf Oil and Gas Leasing Program
April 3, 2024
The Bureau of Ocean Energy Management (BOEM) announced the notice of availability of the area identification (Area ID) for proposed Gulf of Mexico (GOM) Oil and Gas Lease Sales 262, 263, and 264. The Area ID was published in the
APA Corporation Completes $4.5 Billion Acquisition of Callon Petroleum Company
April 3, 2024
APA Corporation said its acquisition of Callon Petroleum Company has been completed. The transaction was approved by APA and Callon shareholders at special meetings. “We are very pleased to close this transaction as Callon’s assets bring scale to our Delaware
SLB to Acquire Service Firm ChampionX in $7.7B All-stock Deal
April 2, 2024
SLB and ChampionX Corporation have entered into a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders will receive
Pembina Completes $3.1 Billion Acquisition of Enbridge’s Interest in Alliance, Aux Sable
April 2, 2024
Pembina Pipeline Corporation has completed its acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures. “We are excited to further enhance our business by increasing our ownership in Alliance and Aux Sable. Aligning with Pembina’s strategy,
Hess Board Recommends Shareholders Vote in Favor of $53 Billion Chevron Merger
April 2, 2024
Hess last week said in a securities filing that its board unanimously recommended shareholders vote in favor of the company’s sale to and that Exxon Mobil had initially supported the deal. The $53 billion deal’s closing has been delayed by
New API Standard Outlines Best Practices for Public Engagement in Pipeline Construction & Operations
April 2, 2024
The American Petroleum Institute (API) released the publication of a pipeline public engagement standard that builds on industry’s progress and commitment to proactive, inclusive, and collaborative engagement throughout the construction and operation of the nation’s pipelines. The first edition API
SLB to Acquire Majority Ownership in Aker Carbon Capture for $378 Billion
April 1, 2024
SLB has entered into an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Bringing together complementary technology portfolios, leading process design expertise, and an established project delivery platform, the
Elk Range Royalties Makes Its First Acquisition in the Appalachian Basin
April 1, 2024
Elk Range Royalties has made its first acquisition of certain mineral and royalty interests in the Appalachian Basin from an undisclosed private seller. The acquisition included roughly 8,000 net royalty acres across three states, including West Virginia, Pennsylvania, and Ohio.
U.S. Oil and Gas Groups Urge Government to Reconsider Methane Fee
April 1, 2024
The API and 19 other associations representing the U.S. oil and gas industry nationwide have urged the EPA to reconsider its “misguided” methane fee imposed on the U.S. energy sector. In their comments to the agency regarding the “waste emissions
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