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    • Sirinarth Mekrorawuth | Dreamstime
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    Companies

    Survey points to more M&A momentum in 2025

    Jan. 13, 2025
    Among smaller companies questioned by law firm Lathrop GPM, improving cash flows is the most prominent motivator.

    Latest Companies

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    Federal Reserve Bank of Dallas
    dallasfed24q4activity
    Map from Kinder Morgan.
    Gulf Coast Express Pipeline
    Photo from Imperial Oil Ltd.
    Imperial Oil Kearl oil sands, Canada.
    HF Sinclair Corp.
    HF Sinclair refinery.
    Companies

    Chevron to reduce overall 2025 capex, including in Permian basin

    Dec. 6, 2024
    Chevron Corp. expects to spend two-thirds of its $13-billion 2025 upstream spending budget to develop its US portfolio, reducing its year-over-year spending in the Permian basin...
    Photo by Michal Wachucik /©Equinor
    Mariner oil and gas operations, North Sea.
    Companies

    Equinor, Shell form JV aimed at maximizing UKCS assets, improving UK energy security outlook

    Dec. 5, 2024
    Equinor and Shell will combine UK offshore oil and gas assets into a new company expected to be the UK North Sea’s biggest independent producer.
    Map from CNX Resources.
    CNX Resources, Apex Resources Appalachia basin assets
    Companies

    CNX to acquire Appalachian basin natural gas business from Apex Energy

    Dec. 5, 2024
    CNX Resources agreed to acquire the Appalachian basin natural gas upstream and associated midstream business of Apex Energy II LLC.
    Companies

    Parallax acquires Vesta Energy, gains holdings in Duvernay light oil window

    Dec. 4, 2024
    Parallax Energy closed a deal to acquire private producer Vesta Energy and its Duvernay East Shale basin light oil assets in Alberta.
    Crescent Energy Co.
    Crescent Energy, Ridgemar Energy, Eagle Ford asset map.
    Companies

    Crescent to pay over $900 million for Eagle Ford assets

    Dec. 4, 2024
    The company’s deal with Ridgemar Energy will add to its oil weighting and increase its inventory by about a year.