Exxon puts Permian assets up for sale
As Bloomberg reported, Exxon wants to sell some conventional oil and gas reserves in the Permian Mountains. The proceeds from the potential sale are expected to be around one billion…
M&A activity in the US oil and gas industry increased by 57% in 2023
Mergers and acquisitions in the US oil and gas industry rose 57% last year, a report by Ernst & Young. Increased consolidation activity followed record profits and intensified competition for…
