Midstream entity will become the third-largest gas gathering hub in U.S. after spin-off.
Petro cryptocurrency raises doubts and US hints that it might violate sanctions.
Oil and gas producer Devon Energy Corp. on Feb. 21 reported quarterly results that fell short of analyst profit estimates on weaker-than-expected production.
Five-year revolving credit in conjunction with closing of acquisitions of Alliance Petroleum and CNX Resources.
Recent windfalls generated through taxes and the kingdom’s “anti-corruption purge” has triggered further speculation about the future of Saudi Aramco’s IPO.
Tidewater Logistics said the capital investment by Apollo will fund a pipeline of new customer and expansion opportunities. The terms of the transaction weren't disclosed.
Oil producer Cenovus Energy Inc.’s said Feb. 15 its fourth-quarter profit soared, as production nearly doubled and the Canadian company reined in expenses.
Lotus Midstream is a crude oil logistics provider focused on the organic development of midstream infrastructure and services in the Permian Basin and Midcontinent regions.
Lime Rock’s $1.8 billion “stalking horse” offer tops a $1.6 billion enterprise valuation by Breitburn’s investment bank.