by Efrain Garcia | May 23, 2023 | Upstream News
Complementary to Chevron’s operations in important U.S. production basins Adds 10% to oil equivalent proved reserves for under $7 per barrel Accretive to earnings per share and return on capital employed (ROCE) Expected to add $1 billion to annual free cash flow SAN...
by Efrain Garcia | May 15, 2023 | Upstream News
INEOS Energy has completed the acquisition of approximately 2,300 wells producing net 36,000 BOED (barrels of oil equivalent per day) in the Eagle Ford shale, from Chesapeake Energy. The deal marks the entry of INEOS Energy as operator into the US onshore oil &...
by Efrain Garcia | Apr 5, 2023 | Upstream News
Acquiring approximately 65,000 net acres of largely undeveloped resource in Martin and Andrews Counties, highly complementary with Ovintiv’s existing Permian Basin position Valued at approximately 2.8 times next twelve months (“NTM”) Adjusted EBITDA...
by Efrain Garcia | Feb 21, 2023 | Upstream News
Engineers Week is a time to celebrate the contributions of engineers to society and to inspire the next generation of engineers. Held annually in February, this week-long event is organized by the National Society of Professional Engineers (NSPE) and is celebrated by...
by Efrain Garcia | Jan 15, 2023 | Upstream News
President Joe Biden has recently proposed banning the use of natural gas stoves in new construction as part of his plan to combat climate change and transition to cleaner forms of energy. This move is aimed at reducing the country’s carbon footprint and...
by Efrain Garcia | Dec 1, 2022 | Upstream News
These Breaking News are Brought to you by: November 30, 2022 HOUSTON, Nov. 30, 2022 /CNW/ – Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) and Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), today announced that the parties intend to...
Recent Comments