MPLX to secure full control of BANGL pipeline in $715m deal
MPLX LP has entered into a definitive agreement to acquire the remaining 55% interest in BANGL, LLC from affiliates of WhiteWater and Diamondback Energy for ... Read More
APA Corporation reports strong 2024 earnings with strategic growth plans for 2025
APA Corporation concluded 2024 with robust financial results, reflecting strong operational execution and strategic portfolio enhancements. The company reported a full-year net income of $804 ... Read More
Targa Resources reports record Q4 2024 earnings as Permian expansion fuels growth
Targa Resources Corp. has delivered a record-breaking financial performance in the fourth quarter of 2024, reflecting the company’s strategic expansion in natural gas and NGL ... Read More
Massive oil deal: Diamondback Energy announces game-changing Midland Basin acquisition
Diamondback Energy, Inc. has announced a major acquisition that will significantly expand its footprint in the Midland Basin, further consolidating its position as one of ... Read More
Occidental strengthens financial position with $4.5bn debt repayment and $1.2bn asset sales
Occidental (NYSE: OXY) has made significant strides in its financial restructuring strategy, reaching its near-term debt repayment target of $4.5 billion in the fourth quarter ... Read More
ConocoPhillips reports $2.3bn Q4 2024 profit as Marathon Oil acquisition reshapes growth strategy
ConocoPhillips has announced its fourth-quarter and full-year 2024 financial results, showcasing a strategic shift driven by the recent acquisition of Marathon Oil. Despite facing headwinds ... Read More
Chevron reports $3.2bn in Q4 2024 earnings as oil production growth accelerates
Chevron Corporation (NYSE: CVX) delivered strong fourth-quarter 2024 earnings of $3.2 billion, showcasing the resilience of its upstream operations despite challenges in refining margins. The ... Read More
Viper Energy to expand with acquisition of Diamondback Energy’s mineral and royalty assets
Viper Energy, Inc. (NASDAQ: VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG), has announced a transformative acquisition of mineral and royalty interests from its ... Read More
Diversified Energy’s $1.27bn acquisition of Maverick Natural Resources: A strategic expansion into liquids-rich assets
Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) has announced the acquisition of Maverick Natural Resources, a portfolio company of EIG, in a transaction valued ... Read More
Coterra Energy completes $3.95bn Permian Basin acquisitions to bolster U.S. oil output
Coterra Energy Inc. has finalized its $3.95 billion acquisitions of key assets from Franklin Mountain Energy and Avant Natural Resources, significantly expanding its footprint in ... Read More