Browsing Tag
Permian Basin
94 posts
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…
February 2, 2025
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…
February 2, 2025
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…
January 29, 2025
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…
January 28, 2025
Phillips 66 to expand Permian Basin footprint with $2.2bn EPIC NGL acquisition
In a move poised to strengthen its position in the U.S. midstream energy sector, Phillips 66 (NYSE:PSX) has…
January 7, 2025
Phillips 66 to cash out 25% Gulf Coast Express Pipeline stake to ArcLight for $865m
Phillips 66 has reached an agreement to sell its 25% non-operated equity stake in the Gulf Coast Express…
December 17, 2024
ProPetro Energy Solutions secures $122m investment for mobile power expansion
ProPetro Holding Corporation, a prominent player in oilfield services, has announced a strategic $122 million growth capital investment…
December 10, 2024
Chevron upgrades Pasadena refinery to boost capacity and flexibility
Chevron U.S.A., Inc. (CUSA), a subsidiary of Chevron Corporation, has announced the completion of a major upgrade to…
December 10, 2024
Energy Transfer announces Hugh Brinson Pipeline to boost Permian Basin natural gas
Energy Transfer LP has officially announced its final investment decision (FID) for the Hugh Brinson Pipeline, a $2.7…
December 9, 2024
Landbridge expands footprint in Delaware Basin with strategic acquisitions
LandBridge Company LLC, a leader in land and resource management, has finalized its acquisition of 5,800 contiguous surface…
November 24, 2024