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INDUSTRY NEWS: FOURTH QUARTER 2024
Diamondback Energy and Kinetik Holdings increased their ownership stakes in the Permian Basin to the Gulf Coast 800-mile EPIC Crude pipeline. Each partner owns 27.5% of the 600,000-BBLD system. United Arab Emirates clean energy giant Masdar acquired Saeta Yield for $1.4 billion. The deal includes 538 MW of wind assets