Following completion of its certification pilot projects announced this year, EQT says it will be producing more certified gas than any other U.S. producer’s entire natural gas production.
In 2020, companies entered bankruptcy after a sudden plunge in oil and gas prices and, unlike the downturn six years ago, many emerged with nearly pristine balance sheets. But for what end?
Rice Acquisition Corp. agreed to a business combination worth over $1 billion with Aria Energy and Archaea Energy, both of which are leaders in the U.S. landfill gas and renewable natural gas sectors.
UK projects include the world’s first 100% hydrogen-fueled power station.
If dealmakers can get over the past year, with its misery as treacherous and deep as a river of mud, they may find a promising market in the months ahead.
Analysts at Cowen & Co. boosted their earnings estimates for Apache due to better-realized pricing, notably in gas that “reflect greater exposure to daily pricing versus bid week.”
The appointment of Tiffany “TJ” Thom Cepak as board chairman replaces Mark A. “Mac” McFarland, who was named as permanent president and CEO of California Resources last month.
Stonehill Environmental Partners to provide water pipeline disposal and recycling infrastructure solutions.
In a sign of possible attrition, there were no billion-dollar bankruptcies filed in the first quarter by oil and gas producers in North America, which hasn’t happened since third-quarter 2018, according to Texas-based law firm Haynes and Boone.
The lawsuit alleges Halliburton’s all-electric fracturing fleet, currently deployed for Cimarex Energy, violates several of U.S. Well Services’ patents for electric pumps and pumping systems and monitoring and control systems.
Following completion of its certification pilot projects announced this year, EQT says it will be producing more certified gas than any other U.S. producer’s entire natural gas production.
Exxon Mobil has out-gunned small activist hedge fund waging a proxy fight over board seats with spending the oil major expects will be about $35 million above its usual proxy solicitation costs, according to regulatory filings.
NOIA confirmed Tim Duncan as well as Paul Danos in their positions as chairman and vice chairman, respectively, for the 2021-22 term during a virtual board of directors meeting on April 14.
Critics accuse the $16 billion provision in Biden’s proposed infrastructure package to plug abandoned oil wells across the U.S. of being a bailout for the oil and gas industry.