- The Oneline Report
- Archive
- Page 7
Archive
PE CV? No Thanks, Says the LP
PE firms are increasingly using continuation vehicles but some LPs say “no thanks"; Alaska approves plan to build $566MM pipeline for LNG imports; Robotic trucks deliver sand for well drilling in Permian Basin; Woodside emerges as a global LNG powerhouse after a major deal with Tellurian.
FTC Sniffing for Collusion
FTC begins a controversial investigation into alleged collusion between Hess, Oxy, and Diamondback; Kamala Harris Seen as Tougher Oil Industry Opponent Than Biden;Woodside Energy to acquire LNG developer Tellurian for $900 million; Namibia's new offshore discoveries rival Guyana's growth potential.
African Deal Hat Trick
Three African oil deals in one day: Total sells in Nigeria for $860mm, Etu Energias $443mm deal in Angola, BW Energy $140mm bet in Namibia; Permian Basin rig count steady for 12 weeks; Exxon plans to drill 30 wells for Guyana project; US court overturns Alaska oil lease sale favoring environmentalists.
Another Delay for CVX/Hess
FTC delays Chevron-Hess deal pending ExxonMobil arbitration; APA sells Midland Basin and Eagle Ford assets for $660 million; Sanctions halt over 50 Russian oil tankers, affecting supply chains; Finding Top Tier Undrilled Acreage Amidst the Land Rush for Remaining Inventory.
Blackstone Wades Into Tallgrass
Blackstone's $1.1 billion acquisition of Enagas' 30% stake in Tallgrass; BP raised forecasts for O&G demand in the latest sign that the transition to clean energy has slowed; Global oil consumption hits historic 100 million barrels per day milestone; BPX Energy expands US shale operations.