Polish refiner PKN Orlen signs contracts with Saudi Aramco and MOL
Saudi Aramco will buy a 30% stake in the Lotos oil refinery and MOL will acquire 417 fuel stations in…
Deals
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Deals
Desert Peak Minerals to merge with Falcon Minerals in $1.9bn deal
The combined firm will hold more than 139,000 net royalty acres in the Permian basin.
ExxonMobil to divest shale gas assets in the US
The divestment is expected to raise approximately $200m for the oil firm.
Enterprise Products Partners to acquire Navitas Midstream for $3.25bn
Navitas provides natural gas gathering, treating, and processing services in the Midland Basin, in the Permian basin.
W&T Offshore to acquire producing properties in the Gulf of Mexico
The properties considered for acquisition include 53 producing wells and 16 structures.
DMI and SoCalGas team up to demonstrate drone system for pipeline inspections
The hydrogen-powered drone is capable of monitoring a 1-mile-long pipeline in a single flight.
Legacy Reserves to divest $800m worth of shale assets in US
Legacy's assets in Haynesville would produce approximately 108 million cubic feet of natural gas equivalent per day in January 2022.
Local firms plan to place bids for Shell’s assets in Nigeria
The sale forms part of the Anglo-Dutch company’s plan to reduce its carbon emissions.