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EQT Marketing Rest of Marcellus Non-op Assets After Equitrans Close

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EQT Corp. is marketing the remaining 60% interest in its non-operated Northern Marcellus assets as the Appalachia gas giant works to reduce debt following its $5.45 billion acquisition of Equitrans Midstream.

Freeport LNG’s Slow Restart Stokes Concern Over Supply Risk

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The 15-mtpa Freeport LNG facility remains under the spotlight of the global market as it slowly resumes operations after pausing ahead of Hurricane Beryl’s arrival along the U.S. Gulf Coast.

Air Liquide Closes African Divestitures to Adenia Partners

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Air Liquide’s transaction with Adenia Partners represents total annual sales of approximately 60 million euros (US$65.12 million), less than 10% of Air Liquide’s sales in Africa.

Pitts: Oh, What a Tangled Web the Supermajors Weave

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Exxon and Chevron and Guyana and Venezuela—‘Let’s Make A Deal’ meets ‘Love, South American Style.’

Chevron to Divest 20% Interest Offshore Suriname to QatarEnergy

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Chevron Corp. will divest a 20% interest to QatarEnergy in a production sharing contract related to Suriname offshore Block 5.

KKR in Exclusive Talks to Buy Eni’s Biofuel Unit for Up to $13.6B

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KKR enters exclusive talks to buy stake in Eni’s biofuel unit although the Italian energy producer said the global investment firm was not the only potential buyer.

Archrock Offers Common Stock to Help Pay for TOPS Transaction

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Archrock, which agreed to buy Total Operations and Production Services (TOPS) in a cash-and-stock transaction, said it will offer 11 million shares of its common stock at $21 per share.

Private Equity Firms Buy Pipe-coating Company MCIP

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Milestone Capital and D2 Equity Capital acquired purchased a majority interest in family-owned pipe-coating business MCIP.

CNOOC Encounters High Yield Well in Beibu Gulf

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CNOOC’s well was tested to produce over 1,000 cu. m/d of oil equivalent, making it the first well of such productivity in the Wushi Sag area.

Permian Basin Coalition Highlights Philanthropic Investments

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Since 2019, the Permian Strategic Partnership has doubled its membership and used philanthropic investments to generate more than $1.5 billion in community support and collaborative investment.

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