Occidental Petroleum Corp. has updated its production and capital expenditure forecasts for 2024 following the completion…
Tag: Permian Basin
Chevron’s Second Quarter Profits Fall 26% Due to Reduced Refining Margins
The American oil and gas giant, Chevron, has reported a 26% decline in net income for…
Ovintiv Increases 2024 Oil and Gas Production Target on Unexpected Permian Success
Shale driller Ovintiv Inc. has revised its 2024 production target upwards, becoming the second oil and…
Upstream M&A Surpasses $30 Billion in Q2 2024, Driven by Megadeals
Enverus Intelligence Research (EIR), a subsidiary of Enverus, has published its analysis of upstream merger and…
Vital Energy and Northern Oil and Gas (NOG) Expand Delaware Basin Footprint with $1.1 Billion Point Energy Acquisition
Vital Energy and Northern Oil and Gas have entered into a definitive agreement to acquire Point…