Wednesday, February 4, 2026

David French News

Source: Kimmeridge will nominate Scott Sheffield to Coterra Energy Board

Sources familiar with the matter say that investment firm Kimmeridge plans to nominate Scott Sheffield, former CEO of Pioneer Natural Resources? to Coterra Energy’s board. Source: Kimmeridge, one of…

Sources: Devon Energy and Coterra Energy, two US shale producers, are in merger talks.

People familiar with the matter have confirmed that Devon Energy and Coterra Energy were exploring the possibility of merging, which could result in one of the biggest independent shale producers in the United States. The U.S.

Sources: Devon Energy and Coterra Energy, two US shale producers, are in merger talks.

People familiar with the matter have confirmed that Devon Energy and Coterra Energy were exploring the possibility of a merger, which would create one the largest independent U.S. Shale producers.

Trump calls on US oil companies to fix Venezuela's rotting energy industry

Donald Trump, the U.S. president, began a meeting at the White House on Friday to discuss Venezuela. He said he wanted executives from some of the largest oil companies in the world to invest $100 billion to expand Venezuela's production.

Shell In Advanced Discussions to Buy LLOG Exploration for Over $3B

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Shell is in advanced discussions to buy LLOG Exploration offshore in a deal valued at more than $3 billion. This would increase the oil major's portfolio of upstream oil and gas producers by acquiring…

Sources say that RPT-Gunvor is weighing the US energy push, which could strengthen Washington ties.

Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the…

Gunvor considers US energy push, which could strengthen Washington ties

Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the…

Sources say US Gulf producer LLOG Exploration is interested in selling at a $3 billion valuation.

People familiar with the matter have said that LLOG Exploration Offshore has been exploring the possibility of a sale. This could value one the largest privately owned oil and gas producers on the U.S.

Sources say Crescent Energy is close to a deal with US shale rival Vital Energy

People familiar with the matter reported on Friday that Crescent Energy was in advanced discussions to acquire Vital Energy, a smaller competitor. This would give the energy company a strong position in the Permian basin.

Sources say that ConocoPhillips is close to selling Oklahoma assets to Stone Ridge Energy.

Three people with knowledge of the situation said on Tuesday that ConocoPhillips, a U.S. oil producer and gas company, is in advanced discussions to sell assets in Oklahoma for $1.3 billion to Stone Ridge Energy.

Saudi Aramco is considering asset sales as a way to raise funds, according to sources

Two people familiar with the matter have confirmed that Aramco, Saudi Arabia's state-owned oil company, is looking at selling assets to raise funds as it continues its international expansion while coping with lower crude prices.

Saudi Aramco is considering asset sales as a way to raise funds, according to sources

Two people familiar with the matter have confirmed that Aramco, Saudi Arabia's state-owned oil company, is looking at selling assets to raise funds as it expands internationally and deals with lower crude prices.

Kayne Anderson raises $ 2.25 billion for the third Energy Income Fund

Kayne Anderson announced that it has closed its third Energy Income Fund with $2.25 Billion of capital committed. This is far more than the initial target, as investors have shown renewed interest in oil and gas assets.

ConocoPhillips is looking to sell assets in Oklahoma worth more than $1 billion, according to sources

People familiar with the situation said that ConocoPhillips has begun exploring the possibility of selling oil and gas assets it acquired from Marathon Oil when it bought the company for $22.5 billion last year.

Sources say that RPT-Australian Woodside is in talks with three partners about Louisiana LNG.

Multiple sources have confirmed that Woodside Energy is in talks with several potential investors to buy stakes in the Louisiana liquefied gas plant. These include Tokyo Gas, Japan’s JERA, and Saudi Aramco-backed MidOcean Energy.

Sources: Woodside Australia is in talks with three partners about Louisiana LNG.

Multiple sources have confirmed that Woodside Energy is in talks with several potential investors to buy stakes in the Louisiana liquefied gas plant. These include Tokyo Gas, Japan’s JERA, and Saudi Aramco’s MidOcean Energy.

Sources say that RPT-Encino owner is considering a $7 billion sale and IPO.

CPP Investments, a Canadian pension fund, is considering strategic options for Encino Acquisition Partners, such as a sale or an initial public offering that could value Encino Acquisition Partners at up to $7 billion including debt.

Sources: Encino's owner is considering a $7 billion sale and the IPO of an energy producer.

CPP Investments, a Canadian pension fund, is considering strategic options for Encino Acquisition Partners, such as a sale or an initial public offering that could value Encino Acquisition Partners at up to $7 billion including debt.

Sources say that US energy company Talos is set to name Shell CEO Goodfellow its next CEO

Two people with knowledge of the matter confirmed on Sunday that Talos Energy is preparing to appoint veteran Shell executive Paul Goodfellow, as its new CEO. Sources said that the appointment of Goodfellow…

Bloomberg News: RPT Rio Tinto and Glencore are in early merger talks

Bloomberg News reported Thursday that Glencore and Rio Tinto have had early-stage discussions about merging their businesses. The report was based on people familiar with this matter. If successful…