Oil and Gas
Parsley Energy closes $2.27B acquisition of Jagged Peak Energy
Parsley Energy Inc. closed its $2.27 billion acquisition of fellow Permian Basin oil and gas producer Jagged Peak Energy Inc. after obtaining approval from its shareholders.
BP to off-load interests in North Sea assets to Premier Oil for $625M
BP PLC agreed to divest its interests in the Andrew area in the central U.K. North Sea and its nonoperating interests in the Royal Dutch Shell PLC-operated Shearwater field to Premier Oil PLC for $625 million.
Report: Exxon considers plans to exit Romanian offshore gas project
Exxon Mobil Corp. is considering a possible exit from the Neptun deep offshore gas project in the Black Sea and has started providing information to prospective buyers, Reuters reported Jan. 8, citing a late Jan. 7 confirmation from the U.S. oil major.
Report: Shell looking to divest Puget Sound Refinery in Washington
Oil major Royal Dutch Shell is planning to divest its Puget Sound Refinery near Anacortes, Wash., Reuters reported Jan. 9, citing three people familiar with the matter.
NGL Energy Partners closes sale of Midcontinent refined products business
NGL Energy Partners LP closed the sale of its refined products business in the Midcontinent region of the U.S., known as Mid-Con, to an undisclosed buyer, according to a Jan. 9 SEC filing.
Petrobras starts binding phase for 2 fields in Brazil's Sergipe-Alagoas Basin
Petróleo Brasileiro SA - Petrobras has begun the binding phase of its previously announced plan to divest its 50% interest in the onshore Dó-Ré-Mi and Rabo Branco fields in Brazil's Sergipe-Alagoas Basin.
DCP Midstream divests helium plant, gathering system to Tumbleweed Midstream
DCP Midstream LP sold its Ladder Creek helium plant and gathering system to privately-held Tumbleweed Midstream LLC for an unknown amount.
Revolution completes $201.5M acquisition of Jones Energy
Revolution II WI Holding Co. LLC completed the previously announced acquisition of independent oil and natural gas company Jones Energy II Inc. in an all-cash transaction valued at $201.5 million.
Consol Energy acquires 25% stake in coal-to-products CFOAM Corp. unit for $3.5M
Consol Energy Inc. acquired a 25% equity stake in newly formed holding company CFOAM Ltd., making its entry to the coal-to-products space. ASX-listed CFOAM Ltd. owns the other 75% of the company.