The New Czar of EU Gas

Russia Dethrones U.S. as Top EU Natural Gas Supplier, States sue BOEM over $7 billion decommissioning rule targeting small oil and gas companies, Dearth of Canadian Energy Financings Leads to Banker Cuts in Calgary

Author

Rob Quigley
June 18, 2024

by VSO Petroleum Consultants. Oil and Gas industry news for those in the deal flow (Investors and A&D Professionals). Your daily source for the latest A&D/M&A news, industry news, and expert interviews.

First Things First:

Russia Dethrones U.S. as Top EU Natural Gas Supplier.

Russia Dethrones U.S. as Top EU Natural Gas Supplier | OilPrice.com

For the first time since 2022, Russia overtook the United States to become the biggest supplier of natural gas to Europe.

oilprice.com/Latest-Energy-News/World-News/Russia-Dethrones-US-as-Top-EU-Natural-Gas-Supplier.html

Oil Rises Above $80 for First Time in a Month Rigzone.

Dearth of Canadian Energy Financings Leads to Banker Cuts in Calgary bloomberg.

States sue BOEM over $7 billion decommissioning rule targeting small oil and gas companies World Oil.

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Daily Headlines

  • States sue BOEM over $7 billion decommissioning rule targeting small oil and gas companies World Oil.

  • URTeC: E&Ps Tap Refrac Playbook for Eagle Ford, Bakken Inventory HARTENERGY.

  • Russia Dethrones U.S. as Top EU Natural Gas Supplier OilPrice.

  • Oil Rises Above $80 for First Time in a Month Rigzone.

  • Dearth of Canadian Energy Financings Leads to Banker Cuts in Calgary Bloomberg.

  • US Shale Leaders Set Pricing for Tamboran Resources’ IPO HARTENERGY .

  • Argentinian union strike to affect oil production in Vaca Muerta shale The Guardian .

  • Saudi Aramco announces significant oil find in the Arabian Gulf  Hart Energy.

Deal Flow

M&A/Investment

  • Yearout Energy acquires New Mexico-based company in a strategic expansion Bizjournals .

  • Fiddlehead announces acquisition of producing South Ferrier/Strachan assets, $25 million in financing’s, and public listing BOE Report.

  • Front-runner emerges for strategic ADNOC expansion deal Upstream Online.

IPO/Direct Listing/Issuances/Block Trades

  • Permian Surface-owner LandBridge (Five Point Energy PortCo) to Raise up to $367MM in IPO HARTENERGY.

  • US Shale Leaders Set Pricing for Tamboran Resources’ IPO HARTENERGY.

Debt

  • No deals that match this criteria.

SPAC

  • No deals that match this criteria.

Bankruptcy/Restructuring/Distressed

  • Venezuela mulls proposal to extend PDVSA-Chevron joint venture through 2047 Reuters.

Fundraising

  • NuVista receives TSX approval for the renewal of its normal course issuer bid BOE Report.

  • Deal to limit oil and gas funding abroad hinges on U.S E&E News.

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