Market-moving news and intelligence across global energy markets.
ConocoPhillips will acquire a 42% interest in BP ECKL, gaining access to four producing oil fields in Iraq's Kirkuk area, bolstering its global portfolio.
Shell's $16.4 billion acquisition of Canadian producer ARC Resources strengthens its integrated gas strategy, linking Montney shale to LNG Canada.
Greenfire Resources has acquired Connacher Oil and Gas for C$1.277 billion, expanding its thermal oil sands footprint in Alberta and targeting C$30 million
Baker Hughes gains conditional EU antitrust clearance for its $13.6 billion acquisition of Chart Industries, boosting its LNG and data center tech.
EU antitrust regulators clear Baker Hughes' $13.6 billion acquisition of Chart Industries, conditional on divestitures of LNG technology to maintain market
Energy sector M&A is soaring as AI project developers seek to bypass hurdles for new power generation, with global deal value reaching $217 billion in Q2.
Global energy M&A surged to $217 billion in Q2 2026, driven by explosive electricity demand from AI data centers, nearing a record high.
Global M&A activity, driven by a surge in mega-deals including NextEra Energy's $66.8 billion acquisition of Dominion Energy, reached record levels in H1 2
Japanese trading giant Marubeni Corporation has acquired EagleRidge Energy, a major U.S. natural gas operator in the Barnett Shale, bolstering its North Am
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