SemGroup earns S&P Global Ratings upgrades after Energy Transfer merger
S&P Global Ratings awarded investment-grade issuer credit and senior unsecured ratings to SemGroup Corp. and subsidiary HFOTCO LLC following a merger with Energy Transfer LP.
Nexus Gas gets trade commission's OK to proceed with Ohio gas line acquisition
NEXUS Gas Transmission LLC received approval from the U.S. Federal Trade Commission to move forward with its planned acquisition of a natural gas pipeline in Ohio.
WPX Energy inks $2.5B deal for privately backed Permian producer
Placing a huge bet that Permian oil assets will drive its future, WPX Energy Inc. struck a $2.5 billion deal to acquire Delaware Basin-focused producer Felix Energy LLC.
W&T Offshore buys 75% stake in Gulf of Mexico field from ConocoPhillips
W&T Offshore Inc. acquired a 75% stake and operatorship of the Magnolia field in the central region of the deepwater Gulf of Mexico from ConocoPhillips Co. for $20.0 million.
Petrobras to sell remaining 10% stake in pipeline unit
State-owned oil company Petróleo Brasileiro SA - Petrobras started the process of selling its remaining 10% stake in natural gas transportation and storage unit Transportadora Associada de Gás SA, according to a Dec. 11 securities filing.
Report: Rosneft CEO seeks Japanese companies to invest in $157B Vostok project
Public Joint Stock Company Rosneft Oil Co. CEO Igor Sechin met with officials of Japanese companies in a bid to seek investments for the company's $157 billion Vostok oil project, Reuters reported, citing unnamed sources.
Starwood Energy closes deal to acquire Third Coast's Eagle Ford gathering assets
Energy-focused private investment firm Starwood Energy Group Global LLC completed its previously announced acquisition of Third Coast Midstream, LLC's gas gathering infrastructure in Lavaca County, Texas.
Talos Energy to acquire Gulf of Mexico assets for $640M
Talos Energy Inc. is looking to expand its presence in the U.S. Gulf of Mexico through the acquisition of several assets for $640 million.
Kinder Morgan Canada's shareholders approve Pembina acquisition
Kinder Morgan Canada Ltd.'s shareholders on Dec. 10 approved Pembina Pipeline Corp.'s planned acquisition of the company.
Report: Malaysia looks to sell stakes in Petronas to provinces
Malaysia is considering selling stakes in its national oil company Petroliam Nasional Bhd. to provinces that house its oil and gas fields, Reuters reported, citing Prime Minister Mahathir Mohamad.
Petrobras completes divestment of 34 onshore fields to Petroreconcavo unit
State-owned oil company Petróleo Brasileiro SA - Petrobras, or Petrobras, completed the previously announced sale of 34 onshore production fields in the Brazilian state of Rio Grande do Norte to Petroreconcavo SA subsidiary Potiguar E&P SA, according to a securities filing.
Vår Energi completes $4.5B acquisition of Exxon's upstream assets in Norway
Vår Energi AS has completed the previously announced acquisition of Exxon Mobil Corp.'s nonoperated assets in Norway for $4.5 billion, according to a Dec. 10 release from majority owner Eni SpA.
Devon, Dow agree to $100M STACK joint venture
Devon Energy Corp. has reached a four-year, $100 million joint venture with Dow Inc. to develop Devon's acreage in the STACK play of Oklahoma, Devon announced Dec. 10.
Ironwood II closes deal to acquire midstream assets in Texas
Ironwood Midstream Energy Partners II LLC closed its acquisition of midstream assets in South Texas from Twin Eagle Gardendale Pipeline, LLC.
Revolution inks deal to acquire Jones Energy for $201.5M
Revolution II WI Holding Co. LLC will acquire Jones Energy II Inc in an all-cash transaction priced at approximately $201.5 million.
Polish refiner PKN Orlen announces Energa takeover bid
Poland's largest refiner Polski Koncern Naftowy ORLEN Spólka Akcyjna, or PKN Orlen, announced plans on Dec. 5 to take over state-controlled utility Energa SA and strengthen its position in the electricity market.