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BANGALORE/HOUSTON (Reuters) - Occidental Petroleum Corp <OXY.N> is stepping up its oil and gas-producing property sales, adding land in Utah's Uinta Basin acquired as part of its $38 billion deal ...
Geopark Ltd (NYSE:GPRK) shares are trading higher premarket on Friday. The company disclosed that it has signed Sale and Purchase Agreements with Repsol Exploración S.A. and Repsol E&P S.A.R.L to ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
Since 2001, the Company has completed multiple acquisitions in the refining, marketing & logistics, and convenience store industries. [citation needed]Today, Delek is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels, and convenience store retailing.
In March 2022, the company acquired Chief Oil & Gas for approximately $2.6 billion. [39] [40] In May 2023, the company sold a portion of its oil and gas assets in the Eagle Ford shale for US$1.4 billion, to Ineos. [41] In October 2024, the company acquired Southwestern Energy in a $7.4 billion all-stock deal and was rebranded as Expand Energy ...
The sale of thousands of California gas and oil wells is raising concern about oversight of idle and orphaned wells. Oil giants sell thousands of California wells, raising worries about future ...
The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, [1] as well as the marketing and distribution of products derived from crude oil and natural gas.
As per the agreement, Marathon Oil shareholders will receive 0.2550 ConocoPhillips shares for each share of Marathon Oil they hold. The acquisition price represents a 14.7% premium to the closing ...