Noble Energy Shareholders approved the acquisition of the company by Chevron Corp.
The deal will see Chevron the second largest shale producer second to EOG Resources. The all stock, no premium deal was announced earlier this year.
RELATED : Chevron to Acquire Noble Energy in $13 Billion Deal (Including Debt)
CEO Stover said, “We are pleased that Noble Energy shareholders resoundingly support the pending transaction with Chevron. Today’s approval marks an important milestone on the path to becoming part of an even stronger global energy platform. We thank our shareholders and other stakeholders for recognizing the many benefits that will be realized, and the significant value that will be created, through this combination.”
More Deals/ Transaction Update News

PE-Backed Permian E&P to Sell for $4.0 Billion
EnCap Investments is looking to sell Delaware Basin E&P Ameredev II, according to a report by Reuters. The sale could fetch around $4.0 billion (including debt). Ameredev II…

Shareholders of Arc, 7Gen Approve Pending Merger Deal
Shareholdres of both ARC Resources Ltd. and Seven Generations Energy Ltd. have voted in approval of the merger deal between the two companies. The Business Combination is expected…

Ovintiv Looking to Sell Eagle Ford Asset Sale
Ovintiv Inc. is nearing striking an agreement to sell its Eagle Ford portfolio, according to a report by Reuters. Citing sources faimilar with the matter, the report stated…

Northern Oil Reports Changes to Marcellus Asset Deal; Adjusts 2021 Outlook
Northern Oil and Gas, Inc. has reported an update regarding its pending acquisition deal with Reliance Industries subsidiary, Reliance Marcellus LLC. EQT Corp. has exercised their preferential rights…

Report: Petronas Mulling Buying Permian E&P DoublePoint Energy
Malaysia's Petronas is in talks to possible acquire Permian player DoublePoint Energy, according to a report by Bloomberg. Citing people familiar with the matter, the report noted that…
Gulf Coast News

Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
Permian News

Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…

Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…

An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…

Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…
