More Top Stories in Business

White House Meets Oil Industry over Hurricane Ian Price-gouging Concerns

Biden has warned oil companies not to use the storm as a pretext to raise gasoline prices, which spiked earlier this year after Russia's invasion of Ukraine.

September 30, 2022

Juniper Capital, Boomtown Form Largest Northern D-J Basin Leaseholder

The formation of North Peak Oil & Gas, the largest leaseholder in the Wyoming D-J Basin, was made through the combination of North Silo Resources and Longs Peak Resources, two existing Juniper portfolio entities that were also jointly owned by Boomtown.

September 30, 2022

Equinor's CFO Steps Down After 16 Months, Moves to Carlsberg

Ulrica Fearn will take a new role as CFO of Carlsberg, a Danish brewing company, after just 16 months with Equinor.

September 30, 2022

Russian Aggression, LNG Market Expansion

Russia’s invasion of Ukraine tilts the LNG market to favor the U.S., which has drilled and innovated its way to become a key global exporter of LNG—thanks in large part to the persistence of Charif Souki.

September 30, 2022

Mitsubishi Partners with Corpus Christi Port Authority on US Ammonia Plant

Mitsubishi and the Port of Corpus Christi Authority will look into the possibility of making low-emission ammonia, produced from natural gas but eliminating emissions by capturing and storing the emitted carbon nearby, a source said.

September 29, 2022

E&P Executives See Biden Administration Bent on Destroying Oil and Gas

Chronic underinvestment will lead to a tighter oil market but most E&P executives see at least some investors returning to the oil and gas market, according to the latest survey by the Federal Reserve Bank of Dallas.

September 29, 2022

Buffett’s Berkshire Hathaway Buys 5.99 Million More Occidental Shares

Following the purchases, Warren Buffett’s Berkshire Hathaway now owns about 194.4 million Occidental Petroleum shares worth approximately $11.9 billion, based on Occidental’s closing price of $61.41 on Sept. 28.

September 29, 2022

SilverBow ‘Poison Pill’ Attempts to Fend Off Possible Kimmeridge Takeover

Kimmeridge Energy, which spent more than $100 million to acquire SilverBow Resources stock, recently acquired another Eagle Ford E&P—Laredo Energy, an analyst said.

September 29, 2022

Devon Energy Completes Eagle Ford Bolt-on Acquisition

Devon Energy closed its previously announced acquisition of Validus Energy, increasing its production footprint in the Eagle Ford by 35,000 boe/d.

September 28, 2022

Pickering Energy Partners’ Dan Pickering Talks Energy Transition

Industry veteran Dan Pickering revealed the truth behind his firm’s focus on the energy transition, how it plans to grow investments and trends that have emerged.

September 28, 2022