The Latest

Proxy Vote Preview: Chevron, Hess and Guyana Uncertainty

Chevron Corp. stockholders will vote on May 28 and Hess’ stakeholders on May 29 on a $53 million combination that largely centers on Hess’ stake offshore Guyana.

Earthstone’s Anderson Relaunches, Seeks Conventional

The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.

Dividends Declared Week of May 20, 2024

Here is a selection of upstream and service and supply company dividends declared in the past week.

Baker Hughes to Supply Compression Trains for Algerian Field

Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field.

Crescent’s Credit Score Found Positive Following $2.1B SilverBow Deal

Crescent Energy, which is in the process of buying SilverBow Resources, said ratings agencies Moody’s, Fitchand S&P Global reacted positively to the pending $2.1 billion deal.

Enerplus, Chord on Track to Close $4B Williston Deal on May 31

Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.

Randolph Bell Joins JERA Americas as VP of Government, Regulatory Affairs

Randolph Bell will lead government engagement teams for JERA Americas at the local, state and federal level while focusing on energy markets.

Berntsen Joins Xcel as Executive VP, Chief Legal and Compliance Officer

Rob Berntsen is assuming the role from Amanda Rome, who had been in the position on an interim basis.

Riley Permian Increases Stake in West Texas Power JV with Conduit

Riley Exploration Permian increased its ownership in RPC Power, a JV with Conduit Power, to 50% from 35% and has agreed to sell up to 10 MMcf/d of natural gas as feedstock supply for the generation facilities as RPC plans to sell to ERCOT.

Chevron-Hess Deal: To Vote or Not to Vote, That is the Question

A Hess Corp. proxy vote related to the company’s proposed $53 billion all-stock merger with Chevron Corp. has divided shareholders ahead of a May 28 deadline.