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BREAKING: $59.5 Billion DEAL – ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction

BREAKING: $59.5 Billion DEAL – ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction

by Efrain Garcia | Oct 11, 2023 | Upstream News

“SPRING and IRVING, Texas – Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per...
ENHANCING SAFETY AND EFFICIENCY: THE NEED FOR EXPLOSION-PROOF CAMERAS IN OFFSHORE OIL AND GAS OPERATIONS – SPECTRUM CAMERA SOLUTIONS

ENHANCING SAFETY AND EFFICIENCY: THE NEED FOR EXPLOSION-PROOF CAMERAS IN OFFSHORE OIL AND GAS OPERATIONS – SPECTRUM CAMERA SOLUTIONS

by Efrain Garcia | Oct 4, 2023 | Oil and Gas Industry Suppliers

The offshore oil and gas industry is known for its challenging and hazardous working environment. The combination of volatile hydrocarbons, high-pressure equipment, and harsh weather conditions makes it imperative to prioritize safety and monitor operations...
BREAKING: Corpus Christi Carbon Storage Hub Awarded to World-Class Team lead by Repsol

BREAKING: Corpus Christi Carbon Storage Hub Awarded to World-Class Team lead by Repsol

by Efrain Garcia | Sep 7, 2023 | Upstream News

CORPUS CHRISTI CARBON STORAGE HUB AWARDED TO WORLD-CLASS TEAM LED BY REPSOL South Texas Heavy Industry and State Schools Receive Boost Through Mega-Scale Regional Decarbonization Project The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract...
RWE Grows U.S. Offshore Wind Development Portfolio by 2-Gigawatt in BOEM’s First-Ever Offshore Wind Lease Auction in the Gulf of Mexico

RWE Grows U.S. Offshore Wind Development Portfolio by 2-Gigawatt in BOEM’s First-Ever Offshore Wind Lease Auction in the Gulf of Mexico

by Efrain Garcia | Sep 5, 2023 | Upstream News

  RWE has secured a lease area in the Gulf of Mexico with a capacity to develop up to 2 gigawatts of fixed-bottom offshore wind and power over 350,000 U.S homes with clean energy Company will tap into the Gulf’s existing energy workforce and world-class supply...
Industrial Data Labs Raises $1.5 Million in Seed Round to Drive Innovation in Industrial Sales Processes with Applied AI

Industrial Data Labs Raises $1.5 Million in Seed Round to Drive Innovation in Industrial Sales Processes with Applied AI

by Efrain Garcia | Aug 30, 2023 | Upstream News

Industrial Data Labs (IDL), a Houston-based startup specializing in Applied AI technology for the PVF industry, is pleased to announce the successful closing of its seed round, securing $1.5 million in funding. This significant investment propels the company’s...
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