New Jersey, United States, Dec 09, 2022 /DigitalJournal/ Oil and Gas Upstream Activities are activities related to the exploration and production of oil and gas. These activities include drilling, ...

Upstream merger and acquisition activity reached around $205 billion last year, but is expected to decline in 2025 as the US shale consolidation wave concludes. North America led M&A activity in 2024, ...

ING (NYSE:ING) Wednesday said it will phase out financing of upstream oil and gas activities by 2040 and will aim to triple the financing of renewable power generation to €7.5 billion annually by 2025 ...

'Following last year's blockbuster $192 billion in U.S. upstream consolidation, 1Q24 would be on track to surpass that record with $51 billion in announced deals,' EIR noted. Image by DigtialStorm via ...

Surging uncertainty and falling commodity prices prompted upstream oil and gas companies to hit the brakes on merger and acquisition activity in the second quarter. Enverus Intelligence Research has ...

Even energy transition scenarios in line with Paris climate targets will require steady investment in new upstream oil and gas activity, BP’s chief economist says Investment in upstream oil and gas ...

Exxon Mobil Corporation XOM is set to release fourth-quarter 2023 results on Feb 2, before the opening bell. Since the integrated energy player has significant exposure to upstream business, the ...

Shell has ended its upstream activities in California by selling its stake in Aera Energy to international asset management group IKAV for about $2 billion. The UK supermajor said subsidiary Shell ...

CEO David Cherechinsky announced that DNOW achieved $571M in Q4 revenue, which was 6% lower sequentially but exceeded prior guidance. For the full year 2024, revenue reached $2.4B, marking the highest ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said its decarbonisation template would take off this month. The Upstream Petroleum Decarbonisation Template (UPDT) requires ...