The net-zero strategy of Occidental Petroleum (Oxy) relies heavily on unproven carbon removal technologies to camouflage its fossil fuel emissions and those of its customers while expanding its oil and gas production, a new investigation reveals.
Deal Time: Global Upstream Opportunities Valued At $150B Expected To Fuel M&A Activity In 2024 oilandgasonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilandgasonline.com Daily Mail and Mail on Sunday newspapers.
The Permian basin has dominated recent dealmaking, but other shale plays look set to attract significant investments soon, with about $41 billion of non-Permian opportunities on the market, including the potential sale of Bakken-focused Grayson Mill Energy, Uinta-focused XcL Resources, ExxonMobil's Bakken portfolio, EQT's remaining non-operated Marcellus portfolio and certain Haynesville assets from Shell and BP.
Global upstream opportunities valued at $150 billion expected to fuel M&A activity in 2024 energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
The global upstream M&A market is expected to witness significant activity in 2024, with opportunities worth $150 billion, fueled by North America s dominance and non-Permian assets gaining attention.