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Occidental Announces Further Progress on Asset Sales and Debt Reduction

Occidental Announces Further Progress on Asset Sales and Debt Reduction

by Efrain Garcia | Aug 7, 2025 | Upstream News

This Article is Brought to you by: Allstream Energy Partners, Leaders in B2AI for Oil and Gas and Digital Marketing for Industrial Market Announced four divestures since April 2025, generating approximately $950 million in proceeds for debt reduction Repaid...
bp today announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil

bp today announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil

by Efrain Garcia | Aug 4, 2025 | Upstream News

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 metres. The well was drilled to a total depth of 5,855 metres. The well intersected the...
$53Billion Acquisition Complete: Chevron Completes Acquisition of Hess Corporation

$53Billion Acquisition Complete: Chevron Completes Acquisition of Hess Corporation

by Efrain Garcia | Jul 18, 2025 | Upstream News

This Article is Brought to you by: Spectrum Camera Solutions, Leaders in Explosion Proof Cameras Creates premier integrated oil & gas company Combines world-class assets, people and capabilities Drives industry-leading free cash flow growth and shareholder returns...
$1.3 Billion Acquisition: Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

$1.3 Billion Acquisition: Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

by Efrain Garcia | Jul 10, 2025 | Upstream News

This Article is Brought to you by: K+B Industries, Leaders in Premium Thread Machining OKLAHOMA CITY–(BUSINESS WIRE)– Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) today announced it has entered into two separate definitive agreements:...
Valaris Announces Multi-Year Contract Awards for Drillships VALARIS DS-16 and DS-18

Valaris Announces Multi-Year Contract Awards for Drillships VALARIS DS-16 and DS-18

by Efrain Garcia | Jul 7, 2025 | Upstream News

This article is brought to you by: K+B Industries Leaders in Machining Premium Threads Hamilton, Bermuda, July 6, 2025 … Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a 940-day contract extension for drillship...
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