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BREAKING: $7.4 Billion Deal – Chesapeake Energy Corporation and Southwestern Energy to Combine to Accelerate Americas’s Energy Reach

BREAKING: $7.4 Billion Deal – Chesapeake Energy Corporation and Southwestern Energy to Combine to Accelerate Americas’s Energy Reach

by Efrain Garcia | Jan 11, 2024 | Upstream News

OKLAHOMA CITY and SPRING, Texas, Jan. 11, 2024 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4...
BREAKING approx $4.5 Deal: APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction

BREAKING approx $4.5 Deal: APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction

by Efrain Garcia | Jan 4, 2024 | Upstream News

APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction Jan 04, 2024 Complements and enhances APA’s asset base in the Permian Basin; expected to be accretive to key financial metrics; Adds to APA’s high-quality, short-cycle development inventory...
Dec 22: FID of $7.5 Billion – ConocoPhillips Makes Final Investment Decision to Develop the Willow Project

Dec 22: FID of $7.5 Billion – ConocoPhillips Makes Final Investment Decision to Develop the Willow Project

by Efrain Garcia | Dec 27, 2023 | Upstream News

DEC 22: HOUSTON – ConocoPhillips (NYSE: COP) announced today that it will move forward with development of the Willow project in Alaska. This Final Investment Decision approves the project and funds construction needed to reach first oil. The decision follows the...
BREAKING 12/11: $12 Billion Acquisition – Occidental to Acquire CrownRock, Strengthening its U.S. Onshore Portfolio with Premier Permian Basin Assets

BREAKING 12/11: $12 Billion Acquisition – Occidental to Acquire CrownRock, Strengthening its U.S. Onshore Portfolio with Premier Permian Basin Assets

by Efrain Garcia | Dec 11, 2023 | Upstream News

Occidental to Acquire CrownRock, Strengthening its U.S. Onshore Portfolio with Premier Permian Basin Assets Acquisition, valued at approximately $12.0 billion, generates immediate free cash flow accretion CrownRock’s well-positioned assets expand Occidental’s scale in...
NEWS: ExxonMobil Corporate Plan through 2027 – “$20 Billion in Lower Emissions Opportunities”

NEWS: ExxonMobil Corporate Plan through 2027 – “$20 Billion in Lower Emissions Opportunities”

by Efrain Garcia | Dec 7, 2023 | Upstream News

ExxonMobil Press ReleaseExxonMobil Corporate Plan more than doubles earnings potential from 2019 to 2027; 18% compound annual earnings growth significantly outpaces peers1 “On track to deliver ~$14 billion of further earnings and cash flow growth potential over...
BREAKING: $53 Billion Deal – Chevron Announces Agreement to Acquire HESS

BREAKING: $53 Billion Deal – Chevron Announces Agreement to Acquire HESS

by Efrain Garcia | Oct 23, 2023 | Upstream News

“World class assets and people strengthen long-term outlook Cash flow per share accretion supports higher distributions to shareholders Enhances and extends production and free cash flow growth outlook into 2030s John Hess, Hess CEO, expected to join Chevron...
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Recent Posts

  • $608 MILLION DIVESTITURE: APA Corporation Announces First-Quarter 2025 Financial and Operational Results
  • Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets
  • Approx $135 Million: Valaris Announces Contract Award for Drillship VALARIS DS-15
  • SLB OneSubsea and Subsea7 Awarded EPCI Contract for bp’s Ginger Project
  • Valaris Announces Sale of Jackup VALARIS 247 to BW Energy for $108 Million

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