Tellurian Inc., a U.S.-based liquefied natural gas (LNG) developer, has secured a significant step towards its financial stability, as shareholders voted in favor of a $1.2 billion acquisition by Australian energy conglomerate Woodside Energy Group. This strategic acquisition includes Tellurian’s flagship Gulf Coast Driftwood LNG export project, which is poised to become a cornerstone asset […]
Gran Tierra Energy Inc. has announced its intention to acquire the entire issued and to be issued share capital of i3 Energy Plc in a transaction valued at approximately £174.1 million (US$225.4 million). This acquisition, which will be executed through a court-sanctioned scheme of arrangement under Part 26 of the Companies Act, is set to […]
Quantum Capital Group and Caerus Oil and Gas have finalized a monumental deal valued at approximately $1.8 billion, marking a significant expansion in Quantum Capital Group’s energy sector investments. This acquisition, which includes Caerus Oil and Gas’s upstream and midstream assets, highlights Quantum Capital Group’s strategic move into natural gas production and infrastructure. Quantum Capital […]
Top End Energy Limited (ASX: TEE), a major Australian diversified energy provider, has successfully completed the acquisition of Northern Territory (NT) Exploration Permits EP 144, 153, and 154 from Minerals Australia Pty Ltd and Jacaranda Minerals Limited, both wholly owned subsidiaries of Hancock Prospecting Limited. This strategic acquisition, first announced on February 27, 2024, was […]
Diversified Energy Company PLC (LSE: DEC; NYSE: DEC), a leader in the natural gas sector, has executed a conditional purchase and sale agreement to acquire key natural gas properties and related facilities in eastern Texas from Crescent Pass Energy. The acquisition, valued at $106 million before adjustments, with an estimated net purchase price of $100 […]
In a strategic expansion of its portfolio, TXO Partners, L.P. (NYSE: TXO) has inked agreements to acquire significant oil and gas assets in the Elm Coulee field in Montana and the Russian Creek field in North Dakota. The deal, valued at $243 million plus 2.5 million common units of TXO, was finalized with Eagle Mountain […]
Orlen Group, through its subsidiary PGNiG Upstream Norway, has finalized an agreement to acquire a 20% stake in the Atlantis discovery located in the Norwegian North Sea. The specific financial details of the transaction remain undisclosed, marking a strategic expansion for the Poland-based energy conglomerate. The Atlantis discovery, first identified by Equinor Energy in July […]
TotalEnergies has announced a significant expansion of its energy operations in the United Kingdom by acquiring West Burton Energy from EIG, a prominent institutional investor in the global energy sector, for an enterprise value of £450 million. This strategic acquisition includes the advanced gas-fired West Burton B power plant located in Nottinghamshire, England, which has […]
Sunoco LP (NYSE: SUN), a key player in the energy distribution sector, announced the completion of its acquisition of NuStar Energy L.P. (NYSE: NS). The acquisition, valued at approximately $7.3 billion including assumed debt, was finalized with the closure of NuStar’s common units on the New York Stock Exchange as of May 3, 2024. This […]