Oil & Gas M&A
Latest in Oil & Gas M&A· Nov 3
Saudi Aramco's third-quarter earnings rose 9% despite Houthi strikes on downstream infrastructure, signaling that crude production and export flows remained intact through the period. The company absorbed damage to pipelines and refineries without material margin compression, though sustained attacks that force costly repairs or reduce refinery throughput would shift that calculus. The result underscores that upstream resilience, not downstream disruption, currently anchors Aramco's cash generation.
Mergers, acquisitions, and consolidation activity in the oil and natural gas exploration and production sector.
3 events tracked
- Reported by 3 outlets9 days ago
Saudi Aramco earnings surge 9% despite pipeline and refinery strikes
Saudi Aramco reports higher profit despite attacks on oil infrastructure, signaling resilience in upstream production.
The New York Times · CNBC · The Guardian
- Reported by 2 outlets14 days ago
Shell profit nearly doubles on record refining margins
Shell's quarterly profit nearly doubled year-on-year, driven by record refining margins.
The Guardian · CNBC
- Single sourcealmost 2 years ago
Diversified Energy buys Permian Basin natural-gas producer to grow holdings
Diversified Energy acquires a Permian Basin natural-gas firm, expanding its oil and gas portfolio.
The Wall Street Journal