article thumbnail

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. Despite the surge, investors remain cautious due to lingering dividend repatriation restrictions and high country risk.

Energy 130
article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

Upstream merger and acquisition (M&A) activity fell sharply in early 2025, although gas deals are proving attractive, according to new research from Rystad Energy Global deal value plunged 39% from the fourth quarter of 2024 to just US$28bn in the first quarter of 2025 – less than half the US$6bn recorded in the same period a year earlier.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” COG said it owned the produced water and sued, the trial court agreed with COG, and the court of appeals affirmed.

article thumbnail

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

This new system, known as the EU ETS2, will focus on upstream emissions, targeting fuel suppliers instead of end consumers. Furthermore, Porthos secured direct funding from the Netherlands government in 2018 and the European Commission in 2019, along with revenue assurance from the Renewable Energy Production Incentive Scheme (SDE++) in 2021.

article thumbnail

TotalEnergies, QatarEnergy Win Exploration License in Algeria

Rigzone

Ahara marks QatarEnergy’s entry into Algeria’s upstream sector, QatarEnergy said separately. However, TotalEnergies that year exited the Sonatrach Total Entreprise de Polymeres joint venture formed 2019 to explore a petrochemical project in Arzew in the northwest of Algeria.

article thumbnail

Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

operated Buzzard field, which started production 2007; an operating stake of 65.11percent in Mariner, online since 2019; and an 80 percent operating stake in Rosebank, expected to come onstream 2026. Adura will include Equinor’s 29.89 percent stake in the CNOOC Ltd.-operated Shell will contribute its 27.97

article thumbnail

ExxonMobil’s Top 5 Priorities for the Remainder of 2025

Oil Gas Leads

As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. From advanced fracking to record production, here are the top 5 strategic priorities that will shape ExxonMobil’s momentum through year-end.

Basin 52