Tag: Permian Basin
Strategic pipeline joint venture formed by leading energy firms
In a landmark transaction, WhiteWater, I Squared, MPLX LP (NYSE: MPLX), and Enbridge Inc. (TSX: ENB) (NYSE: ENB) have announced a definitive agreement to combine ... Read More
Verde Clean Fuels, Cottonmouth Ventures announce joint development for gas-to-gasoline facility
In a significant step towards innovative energy solutions, Verde Clean Fuels, Inc. (NASDAQ: VGAS) and Cottonmouth Ventures LLC, a subsidiary of Diamondback Energy (NASDAQ: FANG), ... Read More
Diamondback Energy, Endeavor Energy Resources announce $26bn merger to create Permian Basin powerhouse
Diamondback Energy, Inc. (NASDAQ: FANG) and Endeavor Energy Resources, L.P. have announced a definitive merger agreement, valued at approximately $26 billion, including Endeavor's net debt. ... Read More
Union Jack Oil plc announces strategic entry into US market with high-potential royalty acquisitions
Union Jack Oil plc (AIM: UJO), a leading UK onshore-focused production, development, and exploration company, has officially announced its strategic expansion into the United States ... Read More
APA Corporation strikes $4.5bn deal to acquire Callon Petroleum to expand its Permian Basin footprint
APA Corporation (NASDAQ: APA) and Callon Petroleum Company (NYSE: CPE) have announced a definitive agreement that marks a significant shift in the energy industry. In ... Read More
Ellipsis U.S. Onshore bolsters oil and gas assets in key US basins
Ellipsis U.S. Onshore Holdings LLC ("Ellipsis"), a portfolio company of Westlawn Group LLC ("Westlawn"), has announced the acquisition of additional assets in several key onshore ... Read More
Freehold Royalties announces C$112m acquisition of Permian Basin assets
Freehold Royalties Ltd. (Freehold) has made a significant stride in the North American energy market by entering into definitive agreements to acquire Permian mineral title ... Read More
Occidental makes $12bn move to acquire Permian Basin producer CrownRock
Occidental (NYSE: OXY), a global leader in the oil and gas sector, has made a sensational move in the energy industry by announcing its acquisition ... Read More
Chevron Corporation sets ambitious $18.5-$19.5bn capex for 2024
Chevron Corporation (NYSE: CVX) has recently declared its anticipated organic capital expenditure range for 2024, spanning $15.5 to $16.5 billion for consolidated subsidiaries (capex) and ... Read More
ExxonMobil to acquire Pioneer Natural Resources for $59.5bn: Impact on US energy landscape
Exxon Mobil Corporation (ExxonMobil) and Pioneer Natural Resources have signed an all-stock transaction worth $59.5 billion, with each of the latter's shares exchanging for 2.3234 ... Read More