LATEST HEADLINES

• IPAA Announces Michael Hillebrand As New Board Chairman

  1/28/2025

  The Independent Petroleum Association of America (IPAA) board of directors are pleased to announce Michael “Mike” A. Hillebrand, the chief executive officer of Pennsylvania-based Huntley & Huntley, as board chairman for a two-year term through 2026.

• Coterra Energy Closes Previously Announced Permian Basin Acquisitions

  1/27/2025

  Coterra Energy Inc. (“Coterra” or the “Company”) completed its previously announced acquisitions consisting of certain assets of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of approximately $3.9B, subject to certain post-closing purchase price adjustments.

• CNX Closes Acquisition Of Apex Energy

  1/27/2025

  CNX Resources Corporation (NYSE: CNX) ("CNX" or "the company") announced today it has closed the acquisition of the natural gas upstream and associated midstream business of Apex Energy II, LLC ("Apex"), a portfolio company of funds managed by Carnelian Energy Capital Management, L.P. ("Carnelian"), in the Appalachian Basin for total cash consideration of approximately $505 million, subject to certain adjustments including an effective date of October 1, 2024.

• API Statement On Confirmation Of Scott Bessent As Treasury Secretary

  1/27/2025

  American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement on the Senate’s confirmation of Scott Bessent to lead the U.S. Department of the Treasury.

• SLB Capturi And Aker Solutions Win Contract To Deliver Carbon Capture Solution For Hafslund Celsio

  1/27/2025

  SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Hafslund Celsio AS to deliver a carbon capture solution at its waste-to-energy facility in Klemetsrud, Oslo.