HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Oct.2024, Words: 310) — ConocoPhillips anticipates closing the planned acquisition of Marathon Oil in the fourth-quarter 2024 (4Q:24). The Houston-based company also expects to exceed an initial synergy guidance of $500mn.
“We’re still on track to close this quarter. In the meantime, integration planning is progressing well,” ConocoPhillips chairman and CEO Ryan Lance said 31 Oct. 2024 during the company’s 3Q:24 webcast with analysts.
(Energy Analytics Institute, 4.Dec.2024) — Producers Midstream II, LLC has secured an expanded $400mn credit facility led by Texas Capital Bank, Bank of Oklahoma, Cadence […]
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 2.May.2025) — Exxon Mobil Corporation reported earnings of $7.7bn in the first-quarter 2025 (1Q:25), down compared to $8.2bn […]
HOUSTON, TEXAS (By Citgo, 14.Aug.2025, Words: 604) — Citgo Petroleum Corporation reported reliable operations in a more supportive market environment led to second quarter of […]