Upstream News - Upstream Calendar

$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

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

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...

$231mm ACQUISITION: Kimbell Royalty Partners, LP Announces $231 Million Midland Basin Acquisition in Cash and Unit Transaction

by Efrain Garcia | Jan 8, 2025 | Upstream News

Oil and natural gas royalty interests located under the prolific Mabee Ranch in the Core of the Midland Basin on over 68,000 gross acres HIGHLIGHTS Expected to be immediately accretive to distributable cash flow per unit, with estimated acceleration of accretion over...

ConocoPhillips Alaska Achieves First Oil at Nuna -Company plans to invest $1 billion annually in similar projects

by Efrain Garcia | Dec 22, 2024 | Upstream News

This Article Brought to you by: ConocoPhillips Alaska announced the successful production of first oil from the Nuna drillsite 3T, in the Kuparuk River Unit (KRU), on Alaska’s North Slope this month. According to the company, the achievement was ahead of schedule and...

Woodside’s Trion Development Achieves Key Milestone -Begins Steel Fabrication for Trion Floating Production Unit, Marking Key Milestone in Offshore Mexico Development

by Efrain Garcia | Dec 15, 2024 | Upstream News

Woodside Energy has reached a significant milestone in its Trion Development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU). The steel-cutting ceremony took place in November, 2024, at the HD Hyundai Heavy...