Mark Gordon, Wyoming’s governor, said the U.S. Interior Department’s moratorium on issuing new permits to drill for oil and gas on public land under its control would “send capital elsewhere.”
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As the era of build-and-flip ends, private equity investors are keen to find ways to generate returns.
As the oil sector rebounds from a tough 2020, analysts discuss trends and what the future could hold for U.S. shale.
Today’s featured 25 Influential Women in Energy honoree is Jill Evanko, president and CEO of Chart Industries Inc. based in Ball Ground, Ga.
Production of critical minerals needed for clean energy technologies was much more concentrated than in the oil market, the IEA says.
A drop in green energy costs and tougher emissions targets take shine away from the natural gas industry’s ‘cleaner than coal’ pitch.
A market monitoring panel decided to stick to policies broadly agreed upon at a previous April 1 meeting of OPEC+, Russian Deputy Prime Minister Alexander Novak said after the talks.
The OPEC+ joint technical committee raised its forecast for global oil demand growth in its most recent monthly oil market report while also expressing concern about rising COVID-19 cases in India and elsewhere.
EnCap Investments has already deployed capital from its first energy transition fund in five platform investments in the battery storage, distributed power and utility-scale solar and wind sectors.
The swing to profit in the first quarter also comes as Marathon Oil and other shale producers slashed spending and production last year.
Pioneer Natural Resources, which operates in the Permian Basin in West Texas, said that its total output was 474,000 boe/d in the first quarter, compared with 364,000 boe/d of production in fourth-quarter 2020.
Exxon Mobil had set a May 1 deadline to lock out and replace union-represented workers from its Beaumont, Texas, complex with managers and temporary staff if there were no vote on a company proposal.
Ambyint Chief Commercial Officer Chris Robart discusses the company’s recently announced partnership with Microsoft and pushing production optimization further for oil and gas operators amid the industry recovery.
Companies will jointly explore development of integrated technologies for efficient and resilient power solutions for energy and industrial sectors globally.
Cold Bore Technology Inc., the leader in frac completions automation and platform technology, said on May 4 it has recorded growth in new customers, revenue, team size and technology infrastructure during first-quarter 2021.
The acquisition of Chorus Logistics enables W Energy Software customers to manage their transportation needs across any mode—pipeline, truck, rail, vessel or barge—through a best-in-class transportation management system.
The drop, according to Norway-headquartered Rystad Energy, could result in oil reserves running out within 15 years if large commercial discoveries are not made quickly.
The find pushes the estimated amount of discovered recoverable resources on the Stabroek Block offshore Guyana beyond 9 billion barrels of oil equivalent, Exxon Mobil and partners say.
A myriad of potential risks to production, however, are at play, according to analysts.
The UAE’s unconventional resources show promising results, with production potential comparable to the most prolific North American shale plays.
Pioneer Natural Resources’s acquisition of privately backed DoublePoint Energy “helps the situation,” CEO Scott Sheffield said in reference to rising fears of a U.S. shale drilling binge.
Black Falcon Energy retained EnergyNet for the sale of a Barnett Shale opportunity that includes interest in nearly 1,000 wells across North Texas.
Here’s a quicklist of oil and gas assets on the market including Fairway Resources Oklahoma properties and Kaiser-Francis Oil well package in Louisiana plus the offer from Centennial Resource Production to acquire or farm in certain operated assets in the Permian Basin of Reeves County, Texas.
Eagle Oil & Gas retained RedOaks Energy Advisors for the sale of certain East Texas properties comprising roughly 13,000 net acres in Henderson and Anderson counties.
The second-term representative from west Houston talked to Cornerstone Government Affairs’ Jack Belcher about the complexities and opportunities of energy policy in today’s world.
Natural gas imports from Russia will be a necessary bridge fuel, a top German official says.
Experts discuss how emissions factor into profitability in the era of energy transition and the need for standardization in how to measure them.
The operators of the line, led by Energy Transfer LP, sought a stay from the U.S. Court of Appeals for the District of Columbia, saying it would allow the Dakota Access Pipeline (DAPL) to continue operating.
High costs, regulatory hurdles and environmentalist opponents have made it difficult to construct major natural gas pipelines out of Appalachia.
George Millas joins EPIC Midstream as chief commercial officer from Energy Transfer, where he was in charge of all the company’s commercial gathering and processing in the Permian Basin.