The Latest

Minerals Market Growing But Needs More Scale, Consolidation

The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.

TotalEnergies to Invest $400MM in LPG

TotalEnergies is investing more than $400 million into LPG to provide more than 100 million people in Africa and Asia access to clean cooking methods by 2030.

M&A Spotlight Shifts from Permian to Bakken, Marcellus

Potential deals-in-waiting include the Bakken’s Grayson Mill Energy, EQT's remaining non-operated Marcellus portfolio and some Shell and BP assets in the Haynesville, Rystad said.

ProPetro to Provide eFrac Services to Exxon’s Permian Operations

ProPetro has entered a three-year agreement to provide electric hydraulic fracturing services for Exxon Mobil’s operations in the Permian Basin.

Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation

Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.

Baker Hughes Awarded Saudi Pipeline Technology Contract

Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions

Technip Energies Wins Marsa LNG Contract

Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.

Darbonne: The ESG Sword: BlackRock's Life, Death by ESG

BlackRock, the $10 trillion investment manager, is getting heat for too much ESG investing, while shareholders are complaining it’s doing too little.

US Geothermal Sector Gears Up for Commercial Liftoff

Experts from the U.S. Department of Energy discuss geothermal energy’s potential following the release of the liftoff report.

Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d

Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.