Ithaca Energy Buys Suncor Offshore Canada Oil Assets for $860 Million
What happened Ithaca Energy, the FTSE 100 North Sea producer, has agreed to buy a portfolio of conventional offshore oil assets off Newfoundland and Labrador from Suncor Energy. Announced on 5 October 2026, the deal carries upfront cash consideration of US$860 million plus up to US$250 million of contingent payments tied to Brent prices. It […]
Energy Transfer Buys Vaquero Midstream for $2.625B to Lock In Delaware Basin Gas Processing
Energy Transfer has agreed to buy Vaquero Midstream, a privately held gas gathering and processing operator in the southern Delaware Basin, in a bolt-on deal valued at about USD 2.625 billion. The headline number is modest by Permian standards, but the logic behind it says a lot about where midstream value is moving: away from […]
Crescent Energy Buys Devon’s Eagle Ford Assets for $4.2 Billion as Shale Owners Pick Their Basins
What happened Crescent Energy has signed a definitive agreement to buy Devon Energy’s Eagle Ford position in South Texas. The headline price is USD 4.2 billion in cash, and because the deal carries an economic effective date of 1 July 2026, Crescent puts the estimated net purchase price at roughly USD 3.85 billion once production […]
Stryten Energy Completes C&D Trojan Deal to Scale North American Battery Platform
What happened On 1 October 2026, Alpharetta-based Stryten Energy LLC said it had completed its purchase of C&D Technologies, Inc. and Trojan Battery Company, LLC. The close unites three brands under one company that designs, makes, and distributes advanced lead, lithium, and vanadium redox flow batteries for transportation, golf and marine, specialty motive, industrial, critical […]
Ampol Agrees AUD 225 Million Deal to Acquire Evie Networks EV Charging Platform
What happened Ampol Limited has moved to deepen its stake in Australia’s public electric vehicle charging market. On 1 October 2026 the ASX-listed fuel and convenience retailer said its subsidiary Ampol Energy Pty Ltd signed a share sale agreement to buy 100% of Fast Cities Australia Pty Ltd, which trades as Evie Networks, for a […]
Mutares Signs Deal to Acquire Steinmuller Engineering from IHI Group
What happened Mutares SE and Co. KGaA has signed a share-deal agreement to acquire Steinmuller Engineering GmbH from Japan’s IHI Corporation, adding a long-tenured German thermal-process engineering specialist to its Energy and Technology segment. Closing is expected in the fourth quarter of 2026, subject to customary conditions. The target designs and delivers combustion and incineration […]
Select Water Buys Pilot for 700 Million to Deepen Delaware Basin Midstream
Select Water Solutions is paying cash and equity for a private Delaware Basin midstream book that already behaves like infrastructure, not a cyclical services bolt-on. That distinction matters for operators, lenders, and rivals watching Permian water bottlenecks tighten. What happened Select Water Solutions (NYSE: WTTR) has signed a definitive agreement to buy Pilot Water Solutions […]
Eaton Agrees EUR 810m COL Group Deal for European Grid and Data Centers
What happened Eaton has signed an agreement to acquire Italy-based COL Group from Oaktree Capital Management’s Power Opportunities strategy for an enterprise value of EUR 810 million, expanding its European manufacturing footprint in medium-voltage electrical distribution. The buyer frames COL as a specialist in SF6-free switchgear, grid automation technologies, and modular power systems aimed at […]
Genel Raises Capricorn Bid to $436m Topping Rival DNO Offer
What happened Genel Energy, through its Bidco vehicle, has lifted its recommended cash offer for Capricorn Energy after a rival bid from Norway’s DNO forced a reset of the London auction. Capricorn shareholders are now set to receive US$5.74 per share in aggregate value, made up of US$4.75 in cash plus an intended US$0.99 special […]
Energy Vault Adds 2.3 GW US BESS Pipeline Through Goshe Deal
Energy Vault Holdings has moved another step from technology supplier toward owned-asset operator. The company acquired a U.S. battery energy storage development portfolio from Boulder-based Goshe Energy Storage, adding more than 2.3 GW across 15 projects to its Asset Vault build-own-operate platform. Two ready-to-build sites totaling 350 MW sit at the front of that pipeline, […]