Maurice B. Shaw’s Post

Midstream Movers: Enbridge's Outlook & Strategic Priorities 🔔 Planning Gray Oak Pipeline expansion...(more in article) 🔔 Acquisition of 2 marine docks and land (more in article) 🔔 Sanctioned ~US$0.2 billion of offshore (more in article) Read More: https://lnkd.in/dbebu84u #midstream #pipelines #terminals #offshore

Following a slew of acquisitions, Canadian Natural Resources Ltd. (CNRL) has doubled its oil and gas production over the last decade and increased output by 9% in 2024. After taking over PetroChina's space to ship oil on the TransMountain Expansion for 20 years, CNRL will now hold about one-third of the contracted space on the export pipeline. https://lnkd.in/gxpW_Fta It is abundantly clear that increasing oil and gas production for 20 years is incompatible with net-zero by 2050 pathways. Yet Canada's largest public pension plans continue to hold nearly US$2.4 billion in shares in CNRL, claiming they must stay invested in order to "engage" the oil and gas producer. Climate Action 100+ shows that CNRL is failing to align its business with net-zero emissions in 10 of 11 categories. https://lnkd.in/gYPuBZU9 How much longer will our pension funds continue investing in oil and gas companies that are torching the climate and undermining their own members' retirement security, while claiming that "engaging" fossil fuel producers is having any impact on emissions reductions?

At Twisted Land Company, we believe the key to successful negotiations is not just about facts, but about genuine human interaction. It’s essential to read the room—understanding the concerns and emotions of landowners while addressing their questions with transparency. Educating stakeholders on the actual project process, from start to finish, fosters trust. Highlighting the positive impacts is important, but so is being upfront about potential challenges. A balanced, honest approach drives lasting partnerships. And let’s be clear—energy projects, whether oil, gas, or renewables, should stand apart from political views though it can create hard conversations, we need to provide our agents with the resources and support to navigate those waters when they do arise. At the core, it’s about creating value for communities while ensuring responsible stewardship of our resources. #energy #relatable #stakeholders #communityinvolvement #acquisitions #title #land #stewardship

𝙏𝙚𝙡𝙡𝙪𝙧𝙞𝙖𝙣 𝙄𝙣𝙘. 𝘼𝙘𝙦𝙪𝙞𝙧𝙚𝙙 𝙗𝙮 𝙒𝙤𝙤𝙙𝙨𝙞𝙙𝙚 𝙀𝙣𝙚𝙧𝙜𝙮 𝙛𝙤𝙧 $900 𝙈𝙞𝙡𝙡𝙞𝙤𝙣 In a significant move within the energy sector, Tellurian Inc. has entered a definitive agreement to be acquired by Woodside Energy Group Ltd. The all-cash transaction, valued at approximately $900 million or $1.00 per share, offers a 75% premium over Tellurian's closing price as of July 19, 2024. This deal reflects the success of Tellurian's recent strategic repositioning and advancement of its Driftwood LNG project. The acquisition, expected to close in Q4 2024, underscores Woodside's capabilities and resources, promising a robust future for Driftwood LNG. #EnergySector #MergersAndAcquisitions #Tellurian #WoodsideEnergy #LNGDevelopment #BusinessStrategy https://lnkd.in/g3tQZrNR

📢 Webinar Tomorrow: Don't miss our deep dive into Devon Energy's game-changing acquisition of Grayson Mill Energy's Bakken assets. We'll unpack the strategic rationale behind this $5B move, comparing Bakken to Permian potential, assessing portfolio impacts, and breaking down operational synergies. Register here: https://lnkd.in/gYpG3wk5 Brandon M. #oott #oilgas #acquisition #acquisitionanalysis #bakken #permian

In this land case study, learn how our business process assessment dropped more than $360,000 in annual cost savings to a Denver-based #OilAndGas company's bottom line by eliminating duplication of effort during leasing and well readiness: https://lnkd.in/gS8bp8wm

#controlledby the only thing I know - the Oil Field and Construction. And when I learned there was such a thing as Oil Field Construction? I found my purpose in life outside of being a badass dad and a child of God - to Move dirt, to weld, and to lay pipeline all over West Virgina / Kentucky and West Texas / New Mexico. My partners and I don’t do this just to make a lot of money - WE do this to create jobs and provide purpose to thousands of Americans - WE do this because America’s Energy Independence is what keeps America free. American Energy is the ultimate catalyst to creation and innovation. - OILFIELD PROUD AMERICAN * * * * * * #investor #investors #privateequity #publiccompany #ipo #crowdraise #fundraise #venturecapital #vc #familyoffice #ria #money #investments #capitalraise #oilandgas #oilindustry #oil #naturalgas #oilinvestments #oilprice #investing #investment #invest #realestate #texas #texasoil #cleanenergy #esg #hydrogen

Happy to share this latest report by Corporate Monitor on Keppel Infrastructure Trust’s proposed acquisition of 50% of the equity interest in MEW, which owns Singapore’s 4th desalination plant. This is subject to unitholders’ approval at KIT’s EGM on Wednesday, 11 December. To add my personal views on the independence of the directors and several of them excusing themselves from making a recommendation. They have several IDs who they say are not strictly independent but they consider them independent anyway - so leniently independent I guess. And they have 2 IDs who were IDs at CitySpring Infrastructure Trust which merged with KIT but their 9-year tenure clock was restarted like it’s a different entity. Cumulatively, they have each served 14 years or more. How can the board be perceived to be able to objectively clear the independence of directors who are not strictly independent if most of them are either not independent or are themselves not strictly independent? Then when it comes to recommending the transaction, only 2 directors say they recommend and the rest recused due to conflicts. Why don’t they start with truly and strictly independent directors by casting the net wider and further and avoid these knotty situations, which are unlikely to be one-off. It can’t be we are so short of qualified IDs. https://lnkd.in/gmdZeTXF

Chevron Announces Exit from UK North Sea Assets After 55 Years to Focus on Growth Areas Chevron is strategically exiting the UK North Sea after more than five decades of operation. This move aligns with their focus on high-performing assets and finalizing the USD$53 billion acquisition of Hess Corporation. The divestment encompasses Chevron's 19.4% stake in the giant Clair oil field, a small interest in the Sullom Voe oil terminal, and related infrastructure. This portfolio shift is expected to generate up to USD$1 billion (excluding tax benefits) and positions Chevron for future growth. Key Details: ·    Strategic Shift: Chevron prioritizes high-performing assets, exiting the mature UK North Sea basin. ·    Historic Divestment: After 55 years, Chevron sells all remaining UK North Sea assets, including a stake in the giant Clair field. ·    Focus on Growth: Divestment proceeds support the USD$53 billion Hess acquisition and Chevron's future development strategy. ·    Portfolio Restructuring: Chevron sheds non-core assets in the UK to concentrate on more profitable ventures. ·    Industry Trend: This move reflects a broader trend among energy giants to optimize their global portfolios. #NorthSea #Chevron #OilAndGas #Divestment #HessAcquisition #PortfolioManagement #EnergyIndustry #FutureofEnergy

All the Action, All the Drama, and No Big Foot Reese Energy Consulting today hand-picks three news nuggets to share, proving our belief that dull moments in the oil and gas industry are as likely to manifest as an authenticated Big Foot sighting. We start with a big headliner announcing regional banks are in it to win it when the “it” comes to financing fossil fuels deals. And these smaller guys are hungry for more, recognizing oil and gas aren’t going away any time soon and offering competitive rates and terms in a more friendly environment. Loans among the top three regional banks have climbed 70% since 2022. BOK Financial Chief George Kaiser was rumored to say, “Ya’ll come, ya’ll come.” EQT Corporation, the nation’s largest natural gas producer looking to offload its non-operated Appalachian assets, has found sweet harmony with Equinor looking to offload its operated assets there. In a “Let’s just swap” deal, EQT will add a total 36,000 net acres in Ohio and Pa., 150 MMCFED, the remaining 16.25% ownership of its gathering systems in Lycoming County, Pa., and a gas buyback agreement through 1Q 2028 that will increase EQT’s interest in certain Chesapeake Energy -operated Marcellus gas units to 25.7%. Equinor will also pony up $500 million to balance the deal. Last but not least comes the proxy fight between SilverBow Resources and its largest investor, Kimmeridge entering a sundown showdown. After two years and eight different merger packages that would combine their Eagle Ford assets into one $3.6 billion enterprise, the investment firm has withdrawn its latest proposal and fired back with loaded language in a press release. Kimmeridge now looks to upset three SilverBow board seats with its own peeps. In other news, Bonnie Raitt was heard singing, “I can’t make you love me if you don’t.” What do you think? Learn more about REC and our oil and gas consulting services at https://lnkd.in/ebXT2mS. #energy #oilandgas #investment #reeseenergyconsulting