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Argentina set for M&A boom under Milei, with energy in focus, PwC says

Oil & Gas 360º

In 2024, Argentina recorded 99 M&A deals, the highest since 2019, with transaction values reaching $8 billion—the largest amount since 2017, PwC data showed. Vaca Muerta, the world’s second-largest unconventional gas reserve and fourth-largest oil reserve, located in the province of Neuquén, is one of Argentina’s main attractions.

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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

shale companies are responding to this year’s oil price downturn by dropping rigs, slashing capital spending and laying off workers, the oil sands’ position of strength means Canadian companies have made virtually no changes to their previously announced production or spending plans. Oil sands had an average break-even price of $51.80/bbl

Oil
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Canada's Oil Sands to Reach Record Production in 2025, S&P Global Says

Rigzone

"The increased trajectory for Canadian oil sands production growth amidst a period of oil price volatility reflects producers' continued emphasis on optimization—and the favorable economics that underpin such operations," Kevin Birn, chief Canadian oil analyst for S&P Global Commodity Insights, said.

Oil
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Texas Supreme Court to Review $500 Million Verdict in Case Involving Formation of Partnership to Construct Crude Oil Pipeline

The Energy Law

The dispute between ETP and Enterprise began in 2011, when Enterprise approached ETP about potentially building a crude oil pipeline together. for the construction of the pipeline. Energy Transfer Partners has garnered significant amicus support on both sides of the “v.”

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Strathcona would like to thank its entire Montney team, led by President Al Grabas, for their invaluable contributions in growing the Montney business from just 5 Mboe / d in January 2017 to 72 Mboe / d in 2024. This press release contains various references to the abbreviation boe which means barrels of oil equivalent.

BBL
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Louisiana Third Circuit Decision Imposes Damages for Due Process Violation on Private Company

The Energy Law

On July 15, 2020, The Third Circuit Court of Appeals issued an opinion awarding damages for a violation of due process rights against a private pipeline company. Bayou Bridge Pipeline, LLC v. Martin Parish and were needed for construction of the pipeline. Acres, More or Less, Located in St. Martin Parish, et al. [1]

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Nigeria Oil Industry Overview

Drillers

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa.

Oil