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Opinion: The Gift That Keeps on Giving, Thanks To Eddie Johnston
The development of hydraulic fracturing rebuilt our domestic industry into the global powerhouse it is today and will likely continue to be well into the future. Eddie Johnston and GTI played a vital role.
ConocoPhillips Unloads Legacy British North Sea Assets For More Than $2 Billion
Private-equity firm Chrysaor agreed to buy ConocoPhillips’ E&P assets in the British North Sea, where the Houston-based company has operated for more than 50 years.
DUG Permian: Plains-Talking Armstrong On Love, Money
Retired CEO describes how the 1980s oil bust guided his thinking as he built a pipeline giant.
Oilfield Services: Rightsizing For Possible Outcomes
Investor pressure is increasing for oilfield service companies to provide returns over growth. Opportunities may improve as the second half of 2019 unfolds.
The Latest
Northern Oil And Gas Lands Williston Basin Acquisition Worth Over $310 Million
Northern Oil and Gas agreed to buy the Williston Basin properties of a Flywheel Energy subsidiary consisting of roughly 18,000 net acres and 6,600 boe/d of production.
April 22, 2019
Pin Oak Energy Continues Utica Buying Spree with Protégé Deal
Pin Oak Energy Partners tacked on nearly 10,000 net acres to its Utica Shale position in the Appalachian Basin as part of a recent acquisition from EnCap-backed Protégé Energy.
April 22, 2019
Halliburton Says Pricing Woes Bottoming Out As US Activity Rises
Halliburton Co. said on April 22 a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.
April 22, 2019
Angola's Sonangol Plans To Downsize To Focus On Core Oil Business
Instead of investing in Australia or the U.S., Sonangol wants to become an oil company of reference in the African continent, says the company's chairman added that this is a major change.
April 22, 2019
Opinion: The Gift That Keeps on Giving, Thanks To Eddie Johnston
The development of hydraulic fracturing rebuilt our domestic industry into the global powerhouse it is today and will likely continue to be well into the future. Eddie Johnston and GTI played a vital role.
April 21, 2019
ABB Names Peter Voser As Interim CEO, Ulrich Spiesshofer Steps Down
ABB’s board of directors and Ulrich Spiesshofer have mutually agreed for him to step down from his role as CEO, which he has held since 2013, the company said on April 17.
April 18, 2019
ENGIE North America Announces Construction Of Jumbo Hill Wind Project In Texas
The total capital investment of the Project is over $150 million, and there will be up to 250 people employed at the site during the height of construction activity.
April 18, 2019
Schlumberger Posts 19.8% Fall In Quarterly Profit
Top oilfield services provider Schlumberger reported a drop in quarterly profit, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.
April 18, 2019
Sources: Renewables Investor Berkeley Hires JP Morgan To Review Options
Renewable energy growth is estimated at an annual average rate of 11% between 2015 and 2035, with growth in wind and solar capacity up nine-fold from seven percent of total power supply today to nearly 40% by 2040, energy consultancy Wood Mackenzie estimates.
April 18, 2019
ConocoPhillips Unloads Legacy British North Sea Assets For More Than $2 Billion
Private-equity firm Chrysaor agreed to buy ConocoPhillips’ E&P assets in the British North Sea, where the Houston-based company has operated for more than 50 years.
April 18, 2019