- Joe Barone, Shale Directories
- Blog
- October 28, 2020
Dana Gas sells onshore Egyptian assets
Dana Gas has agreed to sell its onshore Egyptian producing oil and gas assets to IPR Wastani Petroleum for $236 million including contingent payments, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 27, 2020
Enagás, Edison to collaborate in small-scale LNG in Mediterranean
Spanish transmission system operator (TSO) Enagás has joined forces with its Italian counterpart Edison to develop small-scale liquefied natural gas (LNG) in the Mediterranean, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 21, 2020
2021 poised to be ‘bumper year’ for upstream M&A: WoodMac
2021 could be a bumper year for upstream M&A with deals potentially reaching $10-15 billion in the Asia Pacific region, Wood Mackenzie said on Tuesday.- Joe Barone, Shale Directories
- Blog
- October 20, 2020
ConocoPhillips, Concho announce $9.7B merger
ConocoPhillips and Concho Resources on Monday announced they have entered into a definitive agreement to combine companies in an all-stock transaction worth $9.7 billion, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
Canadian company buys Spanish solar assets
Q-Energy has announced the sale of 73 solar assets in Spain to Caisse de depot et placement du Quebec (CDPQ), a global institutional investor, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 16, 2020
Høglund joins concept development of wind/LNG-run vessels
Norway’s marine technology provider Høglund Marine Solutions has acquired a majority stake in Vindskip AS – a company developing a wind/LNG-powered vessel concept.- Joe Barone, Shale Directories
- Blog
- October 7, 2020
BHP to acquire further 28% stake in Shenzi field
Anglo-Australian multinational mining, metals and petroleum firm, BHP, is to acquire a 28% stake in the Shenzi oil and gas field from Hess Corporation, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 7, 2020
TC Energy makes bid for MLP TC PipeLines
TC Energy has made a non-binding offer to acquire all the upstanding shares of the master limited partnership TC PipeLines LP in exchange for TC Energy common shares, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 7, 2020
Premier Oil agrees ‘reverse takeover’ with Chrysaor
London-based independent Premier Oil announced on Tuesday it will merge with UK-based E&P firm Chrysaor, Kallanish Energy reports. Premier will merger with Chrysoar through a “reverse takeover” announced on Tuesday with Chrysaor’s parent company, Harbour Energy.- Joe Barone, Shale Directories
- Blog
- October 2, 2020
Australia’s upstream M&A market to reach $27B amid energy transition
Australia’s upstream M&A market could see up to $27 billion worth of assets put for sale, a new analysis by Wood Mackenzie estimated on Thursday.- Joe Barone, Shale Directories
- Blog
- October 1, 2020
Indigenous group may buy stake in Keystone XL
Alberta-based TC Energy and Natural Law Energy have signed a memorandum of understanding for indigenous First Nation groups to pursue an equity interest in the Keystone XL oil pipeline.- Joe Barone, Shale Directories
- Blog
- September 29, 2020
Total transfers operatorship in five Brazilian O&G blocks
French supermajor Total announced Monday it has transferred its equity interests in five Brazilian exploration blocks to state-run Petrobras, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 25, 2020
Palladium, Inverdale form new solar JV
Palladium Energy LLC and Inverdale Energy Partners have formed a joint venture to develop 500 megawatts of utility-scale solar and solar storage across the United States, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 22, 2020
Alberta solar project sold to BluEarth Renewables
Ontario-based Canadian Solar Inc. has sold of its Suffield Solar Project in Alberta to BluEarth Renewables, Kallanish Energy reports. The sales price was not disclosed.- Joe Barone, Shale Directories
- Blog
- September 16, 2020
Petrobras revises E&P portfolio
Brazilian state-run oil and gas company Petrobras has revised its exploration and production (E&P) portfolio in face of the Covid-19 crisis, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 11, 2020
bp invests $1.1B in first offshore wind move
bp announced Thursday a $1.1 billion investment to enter the offshore wind sector, purchasing a 50% stake in two major developments in the U.S.- Joe Barone, Shale Directories
- Blog
- August 28, 2020
Cycle Energy purchases Canadian O&G firm
Alberta-based Cycle Energy Industries has announced its acquisition of 100% of Energy Express Canada Corp., Kallanish Energy reports. Energy Express Canada, described as a junior oil and gas company in Alberta, can produce 100 to 150 barrels of oil per day using traditional recovery methods.- Joe Barone, Shale Directories
- Blog
- August 14, 2020
RWE to sell minority stake in UK offshore wind farm: report
German utility RWE is reportedly planning to sell a minority stake in its UK’s Humber Gateway offshore wind farm, with Morgan Stanley to launch the deal.- Joe Barone, Shale Directories
- Blog
- August 13, 2020
Chevron confirms EastMed assets major driver in Noble’s merger
Chevron and Noble Energy confirmed on Tuesday the driving force behind their proposed $5.08 billion merger has been Noble’s Eastern Mediterranean assets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 12, 2020
China’s SPIC buys 33% stake in Brazil’s LNG-to-power projects
China’s top state electricity generator SPIC has acquired a 33% stake in two LNG-to-power projects in Brazil’s Rio de Janeiro state, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 7, 2020
Asset sale to NEO Energy will help Total’s crisis plan: CFO
Total said Thursday its sale of non-core assets in the UK North Sea to NEO Energy is contributing to its action plan amid the “economic crisis,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 6, 2020
Devon Energy accelerates closure of Barnett Shale deal
Devon Energy announced an accelerated closing of its $770 million sale of its Barnett Shale assets in North Texas to Banpu Kalnin Ventures.- Joe Barone, Shale Directories
- Blog
- August 5, 2020
Range Resources sells Haynesville assets
Range Resources has announced that it has sold 220,000 acres in northern Louisiana to Castleton Resources LLC for $245 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Tokyo Gas to take control of US shale gas operator
Tokyo Gas is increasing its ownership in U.S. oil and gas company Castleton Resources to a 70% stake, marking the company’s first acquisition of a U.S.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
CMS Energy buys major stake in Texas wind project
CMS Energy has announced that it has purchased a majority stake in a 525-megawatt wind project in West Texas, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Tokyo Gas to buy 500MW solar power project in Texas
Japan’s No. 1 gas supplier, Tokyo Gas, created on Thursday a new subsidiary to operate a 500-megawatt (MW) solar power plant it plans to acquire in the U.S.,- Joe Barone, Shale Directories
- Blog
- July 23, 2020
Chevron’s Noble Energy takeover bets on gas future
Chevron’s recently announced Noble Energy takeover bets on future natural gas demand and more geographic diversity, Kallanish Energy learns from GlobalData.- Joe Barone, Shale Directories
- Blog
- July 17, 2020
Total eyes stake sale in North Sea gas pipeline
French major Total is reportedly looking to sell its 27.5% stake in the Shearwater Elgin Area Line (SEAL) natural gas pipeline in the UK North Sea.- Joe Barone, Shale Directories
- Blog
- July 16, 2020
Poland’s PKN Orlen to takeover PGNiG
Polish state-owned oil and gas company, PKN Orlen, has started proceedings to takeover PGNiG Group in a huge consolidation move by the Polish state.- Joe Barone, Shale Directories
- Blog
- July 15, 2020
Petrobras open to receive bids in Gaspetro sale
Brazil’s Petrobras has begun the binding phase of its 51% stake sale in gas distribution company Gaspetro, Kallanish Energy reports. The process starts the divestment of Petrobras’ entire stake in Gaspetro and welcomes qualified parties to submit their binding proposals.- Joe Barone, Shale Directories
- Blog
- July 10, 2020
Alabama solar project gets new owner
Longroad Energy has announced the financial close and sale of a planned solar project in Alabama, Kallanish Energy reports. The buyer is Denmark-based Orsted.- Joe Barone, Shale Directories
- Blog
- July 6, 2020
US M&A activity recovers to $2.6B in Q2 2020: Enverus
Upstream U.S. merger and acquisition activity has rebounded in the second quarter to $2.6 billion, largely driven by deals targeting gas-producing Appalachian assets, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 3, 2020
BP transfers key Alaskan assets to Hilcorp
There were no fireworks, but key Alaskan assets owned by BP have quietly transferred to Hilcorp as the $5.6 billion deal starts to close, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 2, 2020
Sempra Energy completes South American exodus
California-based energy infrastructure company, Sempra Energy, has completed its exit from South America with the sale of assets in Chile and Peru, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 30, 2020
BP sells petchem unit to Ineos for $5B
British giants BP and Ineos announced on Monday a $5 billion global petrochemical deal, covering 14 manufacturing plants across Europe, Asia, and the U.S.,- Joe Barone, Shale Directories
- Blog
- June 19, 2020
Chevron to divest stake in North West LNG plant
Chevron Australia said on Thursday it will sell its 16.6% stake in the North West LNG project, in Western Australia, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 18, 2020
Iberdrola starts ‘friendly takeover’ of Australia’s Infigen
Spanish renewables giant Iberdrola announced Wednesday it has launched a takeover bid for Australia’s renewables company Infigen Energy for roughly €510 ($572.3) million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 8, 2020
Premier Oil renegotiates terms for BP’s asset acquisition
Premier Oil said on Friday it has renegotiated terms for its proposed acquisition of some of BP’s assets in the UK North Sea, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- June 4, 2020
SSE, Total take FID in Scotland’s largest offshore wind project
SSE Renewables sanctioned on Wednesday a £3 billion ($3.77 billion) offshore wind project, set to be Scotland’s largest wind farm, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 29, 2020
Santos, ConocoPhillips close assets deal in Australia
Australian oil and gas company Santos said Thursday it has completed the acquisition of ConocoPhillips’ northern Australia assets under a revised deal, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 22, 2020
Greencoat Capital buys 156MW solar portfolio in UK
UK’s renewable investor Greencoat Capital announced on Thursday it purchased a 156-megawatt (MW) solar portfolio from BlackRock Real Assets and Lightsource BP.- Joe Barone, Shale Directories
- Blog
- May 21, 2020
Total revises UK North Sea assets sale
French oil major Total said Wednesday it has rearranged financial terms of its sale of UK assets to NEO Energy, which includes the exit of Oman’s Petrogas from the deal.- Joe Barone, Shale Directories
- Blog
- May 19, 2020
Total walks away from Oxy’s Ghana asset deal
French oil major Total said Monday it’s walking away from the acquisition of Occidental Petroleum’s Ghana assets, after the Algeria deal was blocked, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 14, 2020
Diversified to acquire 900 Appalachian wells from EQT
Alabama-based Diversified Gas & Oil PLC is purchasing 900 wells in West Virginia and Pennsylvania from gas giant EQT for $125 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 13, 2020
Valeura looks for M&A opportunities amid industry turmoil
Canadian-based, Turkish-focused natural gas company Valeura Energy said on Tuesday it is exploring potential merger and acquisitions opportunities to take advantage of current market conditions.- Joe Barone, Shale Directories
- Blog
- May 12, 2020
Hull Street Energy acquires WV hydroelectric plant
Maryland-based Hull Street Energy has acquired 100% of the interests in Gauley River Power Partners that operates a hydroelectric generating facility in West Virginia.- Joe Barone, Shale Directories
- Blog
- May 8, 2020
Iberdrola buys French renewables company Aalto Power
Spanish renewables operator Iberdrola said on Thursday it has acquired France’s renewables company Aalto Power, adding 754 megawatts (MW) to its portfolio.- Joe Barone, Shale Directories
- Blog
- May 1, 2020
TC Energy sells three gas-fired power plants in Ontario
TC Energy has sold its interests in three Ontario natural gas-fired power plants for $2.8 billion, prior to post-closing adjustments, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 20, 2020
Baupost Group enlarges stake in LNGL
The Baupost Group has acquired a stake in struggling Liquefied Natural Gas Ltd., the Australia-based company with a planned liquefied natural gas export facility in Louisiana, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 20, 2020
Tallgrass approves $6.3B Blackstone acquisition
Shareholders of Tallgrass Energy LP have approved its $6.3 billion merger acquisition by Blackstone Infrastructure Partners and others, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
Air Products acquires five hydrogen plants for $530M
Pennsylvania-based Air Products has reached an agreement to buy five hydrogen steam methane reformer plants from New Jersey-based PBF Energy for $530 million.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
M&A activity collapsed in first quarter 2020: Enverus
Merger and acquisition activity largely collapsed in the first quarter of 2020, according to a new report from Texas-based Enverus. Such activity was very slow, even before the coronavirus hit and the crude oil price war between Saudi Arabia and Russia that is impacting U.S.- Joe Barone, Shale Directories
- Blog
- March 23, 2020
France’s Total makes new renewables acquisition
French oil major Total said on Friday it has made a “substantial investment” in wind power, acquiring 100% of Global Wind Power (GWP) France, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
Verbund, OMV negotiate share in Gas Connect Austria
Austria’s leading electricity company, Verbund, has entered exclusive negotiations with OMV for the purchase of a 51% stake in gas pipeline company Gas Connect Austria, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 13, 2020
OMV, Mubadala sign $4.68B Borealis deal
Austria’s oil major OMV and Abu Dhabi’s sovereign investor Mubadala agreed terms for the $4.68 billion deal, which will give OMV a 75% controlling share in petrochemicals company Borealis, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 28, 2020
Egypt’s Damietta LNG plant to restart by June: Eni
Egypt’s Damietta liquefaction plant will restart by June of this year, after an amicable resolution to an eight-year dispute between investors and the Egyptian government, Eni said Thursday.- Joe Barone, Shale Directories
- Blog
- February 28, 2020
Equitrans, EQM agree to merge
Midstreamers Equitrans Midstream (ETRN) and EQM Midstream Partners LP said Thursday they’ve agreed to a share-for-unit merger, in which each outstanding public common unit of EQM would be exchanged for 2.44 shares of ETRN common stock.- Joe Barone, Shale Directories
- Blog
- February 26, 2020
Centennial sells disposal wells, infrastructure for $225M
Colorado-based independent producer Centennial Resource Development Inc. is selling its saltwater disposal wells and associated produced water infrastructure in Reeves County, Texas, to WaterBridge Holdings LLC for $225 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 5, 2020