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Whitecap Resources & Veren to combine in a $15Billion Transaction

Whitecap Resources & Veren to combine in a $15Billion Transaction

by Efrain Garcia | Mar 10, 2025 | Upstream News

  CALGARY, ALBERTA – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated...
New Era Helium and Sharon AI Announce Letter of Intent to Acquire 200-Acre Site for 250MW Net-Zero AI/HPC Data Center in the Permian Basin

New Era Helium and Sharon AI Announce Letter of Intent to Acquire 200-Acre Site for 250MW Net-Zero AI/HPC Data Center in the Permian Basin

by Efrain Garcia | Mar 3, 2025 | Upstream News

MIDLAND, Texas – February 27, 2025. New Era Helium, Inc. (Nasdaq: NEHC) (“New Era Helium” or the “Company”), a leading exploration and production (E&P) company sourcing helium from natural gas reserves in the Permian Basin and its joint venture partner, Sharon AI,...
$735mm Sale: ConocoPhillips announces agreement to sell interest in Ursa and Europa Fields

$735mm Sale: ConocoPhillips announces agreement to sell interest in Ursa and Europa Fields

by Efrain Garcia | Feb 21, 2025 | Upstream News

HOUSTON – ConocoPhillips (NYSE: COP) today announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735...
Breaking $4 Billion Deal: Diamondback Energy, Inc. Announces Midland Basin Acquisition of Double Eagle IV

Breaking $4 Billion Deal: Diamondback Energy, Inc. Announces Midland Basin Acquisition of Double Eagle IV

by Efrain Garcia | Feb 18, 2025 | Upstream News

MIDLAND, Texas, Feb. 18, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco,...
Standard Lithium and Equinor Finalize $225 Million Grant from the U.S. Department of Energy for the South West Arkansas Project

Standard Lithium and Equinor Finalize $225 Million Grant from the U.S. Department of Energy for the South West Arkansas Project

by Efrain Garcia | Jan 16, 2025 | Upstream News

News Brought to you By: LEWISVILLE, Ark., Jan. 16, 2025 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium”) (TSXV:SLI) (NYSE:A:SLI), a leading near-commercial lithium developer, and Equinor, a global energy leader, today announced that its...
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