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The company completed its purchase of oil shale giant Pioneer Natural Resources in May 2024 in an all-stock transaction valued at $59.5 billion. The deal created the largest U.S. oilfield producer ...
Gas turbine orders are roaring in and Marcellus producers have delivered a 4.5 gigawatt (GW) natural gas-fired power-for-AI deal, the largest yet in operators’ plans to spin the generative AI ...
Southwest Gas announces that indicative capacity requests show high demand for natural gas as Great Basin Gas Transmission Company 2028 Expansion Project Binding Open Season closes. "The level of ...
Last week, shale pioneer EOG Resources ... Delaware Basin and Eagle Ford assets,” said Ezra Yacob, EOG’s chief executive and chair. With lower crude prices, M&A activity is moving towards ...
Last year, it completed its acquisition of Pioneer Natural Resources, a move that more than doubled its production capacity in the Permian Basin. For both its dividend income and long-term ...
The company has set ambitious financial goals since acquiring Pioneer Natural Resources to expand in the Permian Basin. ExxonMobil should continue to grow its dividend and provide slow and steady ...
outside the Delaware Basin part of it. The shale drilling sector is already faced with rising material costs and natural depletion, so the latest decision by OPEC+ only adds to their troubles.
Natural gas transmission company ONEOK has acquired the remaining 49.9% interest in the Delaware Basin joint venture (JV) from NGP XI Midstream Holdings for $940m. The deal, which includes $530m ...
ExxonMobil acquired Pioneer Natural Resources in a $64.5 billion (enterprise value) all-stock transaction that closed in May 2024. The merger expanded ExxonMobil's footprint in the Permian Basin ...
"The 2024 rule ignored that mandate, prioritizing obstruction over production and undermining our ability to harness domestic resources at ... Joe Biden said "These natural wonders demand our ...
By acquiring the remaining 49.9% interest, ONEOK has gained sole ownership of the basin, which operates natural gas gathering and processing facilities in West Texas and New Mexico's Delaware ...
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