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...
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...
by Efrain Garcia | Sep 5, 2023 | Upstream News
RWE has secured a lease area in the Gulf of Mexico with a capacity to develop up to 2 gigawatts of fixed-bottom offshore wind and power over 350,000 U.S homes with clean energy Company will tap into the Gulf’s existing energy workforce and world-class supply chain to...
by Efrain Garcia | Aug 30, 2023 | Upstream News
Industrial Data Labs (IDL), a Houston-based startup specializing in Applied AI technology for the PVF industry, is pleased to announce the successful closing of its seed round, securing $1.5 million in funding. This significant investment propels the company’s...
by Efrain Garcia | Aug 14, 2023 | Upstream News
Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. (NYSE:SBOW) for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5...
by Efrain Garcia | Jul 13, 2023 | Upstream News
ExxonMobil Announces Acquisition of Denbury Combined assets and capabilities further accelerate ExxonMobil’s Low Carbon Solutions business and create an even more compelling customer decarbonization proposition Leading CCS network underpins ExxonMobil’s commitment to...
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