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Diamondback Chairman and CEO Travis Stice first offered “at least $25 billion” for Endeavor Energy Resources on Dec. 8. The deal closed just weeks later for $26 billion.

Onyx Resources has retained EnergyNet for the sale of a 40 well package plus 3,192.48 net leasehold acres in Crane, Ector and Winkler counties, Texas and Lea County, New Mexico.

Here’s a roundup of the latest E&P headlines, including a FEED planned for Venus and new contract awards.

Onyx Resources has retained EnergyNet for the sale of a 23 well package plus 1,082.81 net leasehold acres in Archer, Clay, Fisher, Jones, Kent, Stephens, Taylor and Young counties, Texas.

Kraft Heinz, a $43 billion food company, is seeking to reduce its annual emissions by 99% through a Department of Energy grant.

Greg Ebel, president and CEO of midstream company Enbridge, says renewables needs backing from natural gas to create a “nice foundation” for affordable and sustainable industrial growth, in this Hart Energy Exclusive interview. 

The U.S. Department of Energy funding will be used to develop technology that turns CO2 into sustainable ethylene.

The amendment increases Par Pacific Holdings’ existing asset-based revolving credit facility to $1.4 billion from $900 million.