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Oaktree Capital Pledges $600 Million Investment to Fuel Natural Gas Dealmaking

2020-12-18 17:25:00| OGI

Oaktree Capital committed to invest an additional $600 million in future mutually agreed upon opportunities to support BKV Corp.s strategy to consolidate U.S. natural gas assets.

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Earthstone Energy to Acquire Warburg-backed Midland Basin Operator in $185.9 Million Deal

2020-12-18 12:00:00| OGI

Earthstone Energys acquisition of Independence Resources Management is expected to roughly double both the companys production and adjusted EBITDAX with minimal impact to leverage, says Earthstone CEO Robert J. Anderson.

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U.S. Department of Defense, Delaware to Pay $3.6 Million for Cleanup of Former Landfill

2020-12-18 07:00:00| Waste Age

PHILADELPHIA   The U.S. Environmental Protection Agency (EPA) announced today that the U.S. Department of Defense and the state of Delaware have agreed to reimburse EPA $3,590,985 for its cleanup of a former landfill at the Governor Bacon Healt

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Australias FAR Gets $159.2 Million Buyout Offer from Remus Horizons

2020-12-17 15:24:13| OGI

Cash-strapped FAR has struggled due to the coronavirus-induced downturn in the oil and gas industry.

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Exxon Mobil Considers Investing Over $240 Million in Louisiana Refinery

2020-12-17 11:25:00| OGI

Exxon Mobil is carrying out a multibillion-dollar expansion of its Beaumont, Texas, refinery to run crude oil coming from the Permian Basin in Texas.

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