Vistra Corp to Acquire Energy Harbor in $3+ Billion Deal

Vår Energi Acquires Neptune Energy Norge AS

January 31, 2024

Oil & Gas

Vår Energi ASA completed the acquisition of 100% of the shares in Neptune Energy Norge AS, strengthening its position on the Norwegian Continental Shelf and adding ~67 kboepd of production and ~265 mmboe of 2P reserves. The transaction was agreed at an enterprise value of USD 2.275 billion and closed on 31 January 2024 (effective date 1 January 2023); net cash consideration paid on completion (less cash in Neptune Norway) was approximately USD 1.2 billion. The deal increases Vår Energi's scale, operatorships and gas/LNG exposure and is inter-conditional with a separate transaction in which Eni acquires the remainder of Neptune's global assets.

Masdar Acquires 70% of TERNA ENERGY

November 28, 2024

Renewable Energy

Abu Dhabi Future Energy Company PJSC (Masdar) has completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA from GEK TERNA SA and other shareholders at €20 per share, valuing TERNA ENERGY at an enterprise value of €3.2 billion. Masdar will seek regulatory approval to launch an all-cash mandatory tender offer for the remaining shares and plans to scale TERNA ENERGY's renewable capacity to 6 GW by 2029 as part of a broader push to expand its European platform.

HarbourVest Partners Invests $52M for Minority Stake in Mesa Natural Gas Solutions

September 19, 2019

Energy

HarbourVest Partners has made a $52 million equity investment to acquire a minority stake in Mesa Natural Gas Solutions, a portfolio company of BP Natural Gas Opportunity Partners, LP. The investment — announced by BP Energy Partners, LLC — will support Mesa’s manufacturing, leasing and operations of natural-gas and liquid-propane generator sets for energy, commercial and industrial applications.

Ovintiv Completes Acquisition of NuVista Energy in $2.7 Billion Cash-and-Stock Deal

February 3, 2026

Energy

Ovintiv completed its acquisition of NuVista Energy Ltd. for approximately $2.7 billion in a cash-and-stock transaction. The deal adds ~140,000 net acres (about 70% undeveloped) and ~930 net 10,000-foot equivalent well locations in the liquids-rich Alberta Montney, with 2026 production from the assets expected to average ~100 MBOE/d.

Crescent Energy Company Acquires Vital Energy, Inc. in All-Stock Deal

December 15, 2025

Oil & Gas

Crescent Energy Company (NYSE: CRGY) acquired Vital Energy, Inc. (NYSE: VTLE) in an all-stock transaction valued at approximately $3.1 billion, including Vital’s net debt. The deal creates a top-10 independent, liquids-weighted E&P company with a strategy focused on free cash flow generation and disciplined capital allocation. The acquisition has closed and Crescent expects to provide pro forma 2026 guidance with its 4Q/full-year 2025 results.

Zenith Energy Acquires Bulk Terminal Storage from Guttman Realty

February 2, 2021

Energy

Zenith Energy Terminals Holdings LLC has completed the acquisition of the assets of Bulk Terminal Storage from Guttman Realty, adding three storage terminals in Aurora, Ohio; Belle Vernon, Pennsylvania; and Star City, West Virginia with 560,000 barrels of aggregate capacity. The deal expands Zenith’s Midwest and Marcellus/Utica footprint and strengthens its ability to store conventional fuels and alternative fuels including renewable diesel, biofuel and ethanol.