Industry News
9 Upstream Oil and Gas Events the Week of 11/27 – 12/1 – Houston – Pittsburgh – Bismarck – New Orleans
Subscribe and Follow UpstreamCalendar.com for more upcoming events sent to you monthly. Need Fractional Marketing? Need Website Development and SEO, Click the image above to start the conversation This Week's Upstream Drilldown:...
$7.5 Billion Project APPROVED: ConocoPhillips Welcomes Alaska District Court Decision on the Willow Project
"HOUSTON – ConocoPhillips (NYSE: COP) welcomes the Alaska District Court decision upholding the Bureau of Land Management (BLM) March 2023 Record of Decision (ROD) for the Willow project. Following this outcome, ConocoPhillips Alaska will proceed with plans for...
BREAKING: $53 Billion Deal – Chevron Announces Agreement to Acquire HESS
Chevron Press Release "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...
The Why – Upstream Calendar Promotes Events that Give Back
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
"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 share,...
ENHANCING SAFETY AND EFFICIENCY: THE NEED FOR EXPLOSION-PROOF CAMERAS IN OFFSHORE OIL AND GAS OPERATIONS – SPECTRUM CAMERA SOLUTIONS
The offshore oil and gas industry is known for its challenging and hazardous working environment. The combination of volatile hydrocarbons, high-pressure equipment, and harsh weather conditions makes it imperative to prioritize safety and monitor operations...
BREAKING: Corpus Christi Carbon Storage Hub Awarded to World-Class Team lead by Repsol
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...
RWE Grows U.S. Offshore Wind Development Portfolio by 2-Gigawatt in BOEM’s First-Ever Offshore Wind Lease Auction in the Gulf of Mexico
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...
Industrial Data Labs Raises $1.5 Million in Seed Round to Drive Innovation in Industrial Sales Processes with Applied AI
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 mission...
Aug 14: Chesapeake Energy Corporation Announces Sale of Final Eagle Ford Package for $700 Million to SilverBow Resources
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...