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Diversified Energy Acquires Tapstone in $419 Million Midcontinent Expansion

2021-10-12 22:00:00| OGI

Since an initial acquisition in May, Appalachia-focused Diversified Energy has added positions in its central region footprint including in the Barnett, Cotton Valley and Haynesville shale plays.

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US $500 Million Joint Venture Aims to Curb Climate Change with Forest Investments

2021-10-12 15:12:17| OGI

The JV with Oak Hill Advisors, called Bluesource Sustainable Forests Co., aims to purchase and more sustainably manage more than one million acres of forests in North America.

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Plume raises $300 million to upend communications services with AI

2021-10-12 02:00:00| Total Telecom industry news

The growing importance of the smart spaces arena took a step forwards today as personalised communications services company, Plume announced $300 million of investment led by SoftBank Vision Fund 2. This round brings the company’s valuation to $2.6 billion, with $697 million raised to date. The investment will continue to drive research and development, sales and marketing, new partnerships, and acquisitions as Plume continues its global expansion and hyper-growth. In the last two quarters since its prior round of equity investment by Insight Partners…read more on TotalTele.com »

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SilverBow Snaps Up More Eagle Ford Acreage with $75 Million Acquisition

2021-10-12 00:05:00| OGI

The transaction represents SilverBow Resources third acquisition in the Eagle Ford since the beginning of August and the largest to date for the company, says CEO Sean Woolverton.

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Nigeria Incorporates State Oil Firm NNPC with $485 Million Capitalization

2021-10-08 15:46:55| OGI

Nigeria's president said NNPC had reached a significant milestone after receiving the certificate of incorporation at his office, adding that the firm would have to compete with global peers.

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