The Latest

BP Appoints Former Shell Exec Simon Henry to Board

BP named Simon Henry, who was previously the CFO at Shell, as a non-executive director, days after reports of a potential merger with Shell.

10 Years Strong: Surge Energy Powers Through the Midland Basin

Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.

Anschutz: Powder River’s Winning Factor? Vast Potential

Anschutz Exploration is avoiding the noise of market uncertainty in the Rockies’ Powder River Basin, operating under CEO Joseph DeDominic’s strategy of working “like you’re going to own it for the life of the well.”

Exxon Returns Some Stabroek Acreage to Guyana, Government Says

 An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government.

Knot Offshore Announces Tanker Dropdown, Leaseback Agreements

Knot Offshore Partners purchased shuttle tanker Daqing Knutsen from its subsidiary for $95 million, less $70.5 million of outstanding debt and $300,000 of capitalized fees.

Fiscal Discipline Strategies Shield Industry from Market Turbulence

In the last several years, adoption of a newer fiscal discipline model has afforded companies a lifeline amid market instability. Implementing return to capital programs can position companies to weather the volatility storm, Comerica Bank’s Jeff Treadway says.

Dallas Fed: Largest US Oil, Gas Patch’s Outlook Deteriorating

Producers described external “chaos” and “antics” as well as “noise” and “turmoil” in trying to manage their E&Ps, according to quarterly survey results from the Dallas Federal Reserve Bank.

Pension Funds Eye Oil ETFs Amid Volatility, Middle East Tensions

Investors in energy ETFs should be wary of short-term volatility in commodity-linked ETFs amid geopolitical tensions in the Middle East.

Family Offices Deploy Long-Term Capital to Oil, Gas

Family offices are stepping up with capital to fill in a large—but narrowing—investment gap between private equity’s pre-COVID days and now, said Stephens Managing Director Brad Nelson at Hart Energy's Energy Capital Conference. 

ConocoPhillips Appoints Kathleen McGinty to Board

ConocoPhillips has appointed Kathleen McGinty to serve as the 13th member of its board of directors.