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BREAKING: $125 Million Deal – Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies

BREAKING: $125 Million Deal – Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies

by Efrain Garcia | Mar 19, 2024 | Upstream News

Houston March 18, 2024 /PRNewswire/ — Talos Energy Inc. (“Talos”) (NYSE: TALO) today announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC (“TLCS”), to TotalEnergies...
BREAKING: $35 Billion Enterprise Value -EQT Announces Transformative Acquisition of Equitrans Midstream

BREAKING: $35 Billion Enterprise Value -EQT Announces Transformative Acquisition of Equitrans Midstream

by Efrain Garcia | Mar 11, 2024 | Upstream News

These breaking news brought to you by: EQT Announces Transformative Acquisition of Equitrans Midstream 03/11/2024 Creates America’s only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with...
Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras

Baker Hughes Secures Major Multi-Year Well Construction Services Contract with Petrobras

by Efrain Garcia | Mar 3, 2024 | Upstream News

February 21, 2024 at 8:00 AM EST Company to provide well construction services in Buzios field offshore Brazil Positions Baker Hughes as integrated solutions supplier for Petrobras HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy...
Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

by Efrain Garcia | Feb 29, 2024 | Upstream News

HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. This financing will unlock Fervo’s next...
$11 Billion Cash and Stock Deal: Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder Returns

$11 Billion Cash and Stock Deal: Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder Returns

by Efrain Garcia | Feb 21, 2024 | Upstream News

Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to...
BREAKING: $26 Billion Merger – Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

BREAKING: $26 Billion Merger – Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

by Efrain Garcia | Feb 12, 2024 | Upstream News

BREAKING Oil and Gas Industry News Brought to you By: MIDLAND, Texas, Feb. 12, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) and Endeavor Energy Resources, L.P. (“Endeavor”), today announced that they have...
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