What is the preferred way to reward oil and gas investors after achieving free cash flow? Dividends are becoming all the rage.
The hiatus is over. After two years of deal drought, the A&D machine of the upstream oil and gas business is coughing back to life and gaining traction.
Antero Resources Corp. says its days of growth are over, while other operators are still working to capitalize on growth after the pandemic slump.
Tourmaline Oil’s agreement on June 11 to acquire Montney operator Black Swan Energy continues a trend in the Canadian energy sector, which has seen a flurry of mergers between oil and gas producers within the past year.
Upon the departure of CEO Darron Anderson, the board of directors of Ranger Energy Services appointed Board Chairman Bill Austin to serve as the Houston-based oilfield service company’s interim CEO.
Spinning off oil and gas assets is seen as a way for BP to shift towards renewable energy.
Private equity firm Riverstone is offering the roughly 12.3 million shares of Class A common stock it still owns in Liberty Oilfield Services in a public offering priced at $15.60 per share.
The Exxon Mobil boardroom contest shocked the energy industry and came after years of weak financial returns at the largest U.S. oil producer.
U.S. Energy Secretary Jennifer Granholm wants to slash the cost of green hydrogen over the next decade, which would make it cheaper to produce hydrogen from renewables than from natural gas.
The purchase of Permian Basin acreage from Occidental Petroleum is Colgate Energy’s second acquisition in the region this month so far putting the company in a truly differentiated position, Co-CEO James Walter says.
The program will use ground-based, aerial and satellite technologies.
The pipeline, which would have been under construction this year, was blocked after U.S. President Joe Biden revoked a key permit on his first day in office.