Monday, June 8, 2026
U.S. upstream mergers hit $38B as M&A rebounds- oil and gas 360

U.S. upstream mergers hit $38B as M&A rebounds

(Oil Price) – Dealmaking in the U.S. shale patch jumped to a two-year high in the first quarter as M&A activity rebounded from a slump. U.S. upstream mergers hit $38 billion in Q1 2026, marking the highest quarterly total in two years despite a sharp slowdown in March due to a spike in volatility tied to the Middle East conflict. According

Texas oil family to benefit from potential $8-billion Mitsubishi deal- oil and gas 360

Texas oil family to benefit from potential $8-billion Mitsubishi deal

(Oil Price)– Father and son, Albert and Gordon Huddleston, part of the Texas oil dynasty of H.L. Hunt, are expected to become even richer if a rumored $8-billion deal with Mitsubishi Corp goes through. Albert and Gordon Huddleston are descendants of Haroldson Lafayette Hunt, who founded and grew the family oil business in the 1930s and 1940s with hundreds of