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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...
The Why – Upstream Calendar Promotes Events that Give Back

The Why – Upstream Calendar Promotes Events that Give Back

by Efrain Garcia | Oct 16, 2023 | Upstream News

On Wednesday August 30, 2023 the Houston GPA Midstream gave out $53,750 to 36 recipients from 10 different universities. Some have asked why we do what we do… This is the WHY… THEY are the WHY.  Our platform is here to help further IMPACT the community,...
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...
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...
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