The Latest

RBC: Minerals, E&P Stocks Wooing Back Generalist Investors

Public mineral and royalty companies have performed well in the markets, and investors are taking notice. But experts say mineral and royalties stocks still have a long way to go to compete for generalist investor capital.

Nova Clean Energy Acquires BNB’s 1-GW HyFuels Portfolio in Texas

Covering about 25,000 acres on the Texas Gulf Coast, HyFuels’ power supply will be split evenly between wind and solar energy.

EnQuest Selling Stake in North Sea Golden Eagle Oilfield, Sources Say

EnQuest has struggled in recent years with high debt levels and a drop in profits after Britain imposed a 35% windfall tax on North Sea producers.

Kimmeridge Withdraws SilverBow Deal to Focus on E&P’s ‘Broken’ Board

Investment firm Kimmeridge said it had withdrawn its offer to combine its Eagle Ford E&P with SilverBow Resources as it promotes a slate of independent directors for SilverBow’s board at the company’s May annual meeting.

EQT Strengthens Appalachian Position in Swap with Equinor

EQT, the largest natural gas producer in the U.S., is taking greater control of the production chain with its latest move.

The JF Petroleum Group Acquires General Contractor GE Goodson Service

Following the transaction, GE Goodson will operate as The JF Petroleum Group’s Midland branch on a go-forward basis.

EQT, Equinor Agree to Massive Appalachia Acreage Swap

Equinor will part with its operated assets in the Marcellus and Utica Shale and pay $500 million to EQT in exchange for 40% of EQT’s non-operated assets in the Northern Marcellus Shale.

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.

UAE's ADNOC Recently Eyed BP as Takeover Target, Sources say

The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake.

GeoPark to Acquire Interests in Vaca Muerta

GeoPark Ltd. entered into a binding offer to acquire a non-operated working interest in Argentina’s Neuquen Basin’s Vaca Muerta Formation as it extends its reach across Latin America.