Industry News
Moving To Texas: Chevron announces headquarters relocation and senior leadership changes
This news article is brought to you by: San Ramon, Calif., August 2, 2024 – Chevron Corporation (NYSE:CVX) today announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes. Headquarters...
$817.5 Million Acquisition: Permian Resources Announces Strategic Bolt-On Acquisition of Core Delaware Basin Assets
Breaking News brought to you by: July 29, 2024 06:31 AM Eastern Daylight Time: MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it has entered into a definitive agreement with...
Occidental Announces Progress on Divestiture and Debt Reduction Program
Breaking News brought to you by: Agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately $818 million Additional dispositions in 2024 with total purchase price proceeds of approximately $152 million bring total...
BREAKING: $1.9725 Billion : Helmerich & Payne, Inc Announces Agreement to Acquire KCA Deutag International Limited
Establishes H&P as a global leader in onshore drilling Immediately accretive to cash flow and free cash flow per share Enhances scale and diversification, now with leading positions in the U.S. and Middle East, the two most prominent oil and gas producing regions...
ADIPEC Technical Conference receives record-breaking 5,977 submissions
This Article is Brought to you By: Total submissions increased by 16% over last year to nearly 6,000 38% increase in submissions for Energy Transition and Decarbonisation and 32% increase in submissions for AI and Digital Transformation categories Submissions reveal...
$5 Billion Acquisition: Devon Energy Announces Strategic Acquisition in the Williston Basin and Expands Share-Repurchase Authorization by 67 Percent to $5 Billion
This Breaking Article is Brought to You by: OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction...
Approx $1.9 Billion – Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition Ameredev
DALLAS--(BUSINESS WIRE)--Jun. 12, 2024-- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC...
Approx $1.6 Billion: Noble Corporation plc announces agreement to acquire Diamond Offshore Drilling, Inc.
SUGAR LAND, Texas, June 10, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc ("Diamond") (NYSE: DO) announced today that they have entered into a definitive merger agreement under which Noble will acquire...
May 31: Chord Energy and Enerplus Complete Combination, Creating Premier Williston-Focused E&P Company
This Article is Brought to you by: HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously...
BREAKING $22.5 Billion Deal: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update
These Breaking News Brought to you by: Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings...