This year’s NAPE Summit buzzed with a “resilient spirit” despite the fog of tough A&D times for upstream oil and gas dealmakers.
Subscribe now and get unmatched coverage of the energy industry.Subscribe
Digitalization, sustainability and strategic partnerships for E&Ps were at the epicenter of discussions at ADIPEC 2019.
Proper governance and management are critical as poverty-stricken Guyana faces a potential financial windfall despite the more than a dozen oil discoveries offshore in the massive Strabroek Block.
Up to 15 tankers globally have been classified as ‘floating storage.’
The report could bolster the case for even more supply curbs by OPEC, which is considering whether to curb output further to offset slower demand.
The EIA on Feb. 11 cut its global oil demand growth forecast for this year by 310,000 barrels per day as the coronavirus outbreak dents oil consumption in China.
Marathon Oil's quarterly results mirrored weaker earnings across the sector, as prices of global crude fell in the quarter on oversupply and demand concerns.
Shale gas producer EQT said it plans to purchase for cash up to $400 million of its senior notes due 2021 in a debt tender offer expiring March 16.
Noble Energy President Brent Smolik, in a post-earnings conference call, said the company would consider monetizing the Eagle Ford Shale asset "if somebody came with a big enough check."
TGS, a leading provider of mult-client geoscience data for E&P companies, announced the Eastern Delta Refocus 3D Ocean-Bottom Seismic (OBS) imaging program in the U.S. Gulf of Mexico on Feb. 13.
Offshore driller Noble Corp. Plc and Exxon Mobil have entered a unique commercial enabling agreement on Feb. 11 for drilling services in the Guyana-Suriname Basin.
The Egypt Upstream Gateway will leverage the GAIA* digital subsurface platform and provide additional value-added solutions—enabled by digital technology and domain expertise—using the DELFI* E&P cognitive environment capabilities and technologies.
Ovintiv, formerly known as Encana, said it has shaved more than $1 million off drilling and completion costs in the Stack shale play.
GeoPark Ltd., a leading independent Latin American oil and gas explorer, operator and consolidator, said Feb. 4 it has made a discovery in the new Jauke Oeste gas field in the Fell block (GeoPark operated, 100% WI) in Chile.
If approved, the acquisition will bring Dominion's share in the Atlantic Coast natural gas pipeline to 53%, up from 48%. Duke Energy will own the remaining 47%.
Overland Energy Partners has retained TenOaks Energy Advisors for the sale of mineral and royalty properties located in the Williston Basin.
Here’s a snapshot of energy deals from the past week including Peregrine’s acquisition of Alaska North Slope assets from Apollo-backed Caelus Energy.
Defendants sought to sell oil to China in violation of sanctions.
NextDecade’s facility approved by the Department of Energy.
Budget documents said a sale from the Strategic Petroleum Reserve would help raise funds for priorities including $242 million needed to fix a Naval Petroleum Reserve site in California.
The Rio Bravo Pipeline is poised to support transportation of natural gas production from the Permian Basin and Eagle Ford Shale to NextDecade’s Rio Grande LNG project in Brownsville, Texas
Project would increase capacity by 200,000 bbl/d.
Leawood, Kan.-based Tallgrass Energy unveiled plans to establish a presence in the nation’s energy hub where Damon Daniels, the company’s new chief commercial officer, will be based.
Trans Mountain CEO Ian Anderson said the increase was due to court and regulatory delays, rising costs of steel, land, labor and security, and accommodations for indigenous groups.