Market Reports
Matador Resources acquires Delaware basin assets for $1.6 billion
Consolidation in the Texas oil patch is gaining momentum this week after Matador Resources Co. agreed to acquire Advance Energy...
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Funding For Oil And Gas Industry Is Evolving Dramatically
Private U.S. oil and gas producers are looking at a rising market for alternative funding as banks have stopped supporting...
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Marathon Oil Completes Eagle Ford Acquisition
Marathon Oil Corporation announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a...
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Fresh Gas Supply Need Is Created By Australian Energy Crisis
According to a report, Australia's ongoing energy crisis has increased price controls by 400% to AU$40 per gigajoule, necessitating the...
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Chevron Announces $15 Billion Capital and Exploratory Budget for 2022
Chevron Corporation announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its...
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Aramco announces second quarter and half-year 2021 results
The Saudi Arabian Oil Company announced its second quarter 2021 financial results, reporting a 288% increase in net income from...
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Empire Petroleum buys US oil and gas assets from ExxonMobil
Empire Petroleum has acquired oil and gas assets in New Mexico, US, from ExxonMobil for an undisclosed sum. The transaction...
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Aramco announces second quarter and half-year 2020 results
The Saudi Arabian Oil Company announced its results for the second quarter and first half of 2020, highlighting the Company’s...
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bp agrees to sell its petrochemicals business to INEOS
bp has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion, subject to...
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Empire Pipeline Acquires Gibson Terminal In Terrebonne Parish, Louisiana
Empire Pipeline LLC announced it has acquired a crude oil terminal in Gibson, Louisiana from Equilon Enterprises LLC and Shell...
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