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Japan’s Mitsubishi is reportedly in talks to acquire Aethon Energy’s Haynesville assets in a deal that could be worth $8 billion.

Oil prices slipped $1/bbl on June 16 in volatile trading after reports that Iran is seeking an end to hostilities with Israel.

Asian buyers of U.S. oil and gas property “have a lower cost of capital to begin with and lower return thresholds,” an M&A advisor said. Their math on what a property is worth is different than the math U.S.-based oil and gas producers use.

Norweigian operator DNO says it’s deal to acquire Sval Energi quadruples its North Sea output.

The decommissioning of the Hoover and Diana fields south of Galveston, Texas is a first for EnerMech in the region.

Private equity firms with longtime loyalty to the oil and gas industry are raising funds that are steadily adding to their coffers, accumulating billions of dollars’ worth of dry powder.

For the upcoming week, Stratas Advisors expect that there will be further upward pressure on oil prices, since the conflict between Israel and Iran will continue to ramp up, and consequently, the price of Brent crude could reach $77.