Tag: Permian Basin

Strategic pipeline joint venture formed by leading energy firms

businessnewstoday- March 27, 2024

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

businessnewstoday- February 13, 2024

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

businessnewstoday- February 12, 2024

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

businessnewstoday- February 5, 2024

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

businessnewstoday- January 6, 2024

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

businessnewstoday- December 31, 2023

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

businessnewstoday- December 13, 2023

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

businessnewstoday- December 11, 2023

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

businessnewstoday- December 8, 2023

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

businessnewstoday- October 12, 2023

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